VOLK JAMES J 4/A
4/A · SHENANDOAH TELECOMMUNICATIONS CO/VA/ · Filed Feb 12, 2026
Research Summary
AI-generated summary of this filing
Shenandoah Telecommunications (SHEN) CFO James J. Volk Receives Award
What Happened
- James J. Volk, Senior Vice President Finance & Chief Financial Officer of Shenandoah Telecommunications Co. (SHEN), had two awards vest on February 2, 2026: 11,141 shares and 2,047 shares, for a total of 13,188 shares. Both transactions are coded "A" (award/acquisition) and show $0.00 per share, reflecting shares issued upon vesting rather than a market purchase.
Key Details
- Transaction date(s) and price(s): 2026-02-02 — 11,141 shares @ $0.00 and 2,047 shares @ $0.00 (total 13,188 shares).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note:
- F1: 11,141 shares represent vesting Strategic Retention Performance Share Units granted Feb 22, 2023; performance measured by FTTH passings, capex per incremental passings, and adjusted EBITDA for the three-year period ending Dec 31, 2025.
- F2: 2,047 shares represent vesting performance-based Restricted Stock Units (granted Feb 22, 2023) measured by relative total shareholder return vs. a NASDAQ Telecom Index peer group.
- F3: The filing notes inclusion of 32.473 shares acquired via dividend reinvestment on 12-1-25.
- F4: This is an amended Form 4/A filed to correct a clerical error in the previously filed Form 4 (Feb 5, 2026); no other changes were made.
- Filing status: Amended Form 4/A (correction to the prior Form 4). The original report was filed on Feb 5, 2026; this amendment was filed Feb 12, 2026 to correct the share count.
Context
- These were vesting awards (not open-market purchases or sales). Vesting indicates performance conditions or service requirements were met for awards granted in 2023; the shares were issued to the insider rather than bought or sold. Such award vesting is routine compensation and does not by itself indicate insider buying or selling sentiment.
Insider Transaction Report
Form 4/AAmended
VOLK JAMES J
SVP Finance & CFO
Transactions
- Award
Common Stock
[F1]2026-02-02+11,141→ 70,926.567 total - Award
Common Stock
[F2][F4][F3]2026-02-02+2,047→ 72,973.567 total
Holdings
- 5,504.307(indirect: By Spouse)
Common Stock
Footnotes (4)
- [F1]Represents the vesting Strategic Retention Performance Share Units granted February 22, 2023. Performance for this award was measured based on the number of Fiber-To-The-Home passings, capital expenditure per incremental passings, and Adjusted Earnings Before Interest Taxes, Depreciation and Amortization for the three-year period ending December 31, 2025.
- [F2]Represents vesting of performance-based Restricted Stock Units granted February 22, 2023. Performance for this award was measured on the Issuer's relative total return (TSR) compared to the TSR of a group of companies in the NASDAQ Telecom Index with a Market Cap between 100 million and 100 billion, above and below the Issuer's then current Market Cap.
- [F3]Includes 32.473 shares acquired through Dividend Reinvestment on 12-1-25.
- [F4]This Form 4/A is being filed to correct an immaterial clerical error in the number of shares reported as vesting pursuant to Strategic Retention Performance Share Units in the Form 4 filed on February 5, 2026. No other changes have been made.
Signature
Christopher E French Attorney in Fact for James J Volk|2026-02-12