SHENANDOAH TELECOMMUNICATIONS CO/VA/·4

Mar 3, 6:23 PM ET

Beckett Thomas 4

Research Summary

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SHEN Director Beckett Thomas Receives 29.347-Share Award

What Happened Beckett Thomas, a director of Shenandoah Telecommunications Co. (SHEN), was granted 29.347 shares on 2026-03-02 as an award/acquisition. The reported per-share value was $13.63, for a total reported value of approximately $400. The filing shows these shares were received in lieu of director fees.

Key Details

  • Transaction date and type: 2026-03-02 — Award/acquisition (code A).
  • Price reported: $13.63 per share; total value ≈ $400.
  • Shares received: 29.347 shares.
  • Shares owned after transaction: Not specified in the provided filing.
  • Footnote: Shares received in lieu of director fees.
  • Filing timeliness: Report filed 2026-03-03 (no late filing indicated).

Context Receiving shares in lieu of cash director fees is a routine form of compensation for board members and does not, by itself, indicate management sentiment about the company's stock. The dollar amount here is small (~$400), so this is likely a routine compensation-related issuance rather than a material insider investment. Transaction code A denotes an award/grant or other acquisition.