QUAGLIO KENNETH L 4

What Happened
Kenneth L. Quaglio, a director of Shenandoah Telecommunications Co. (SHEN), was credited with 39.733 shares on May 4, 2026. The shares were valued at $15.73 each, for a total reported value of approximately $625. The transaction is coded as an "A" (grant/award or other acquisition) and the filing notes the shares were received in lieu of director fees.

Key Details

• Transaction date: 2026-05-04; reported on Form 4 filed 2026-05-05 (timely filing).
• Shares acquired: 39.733 at $15.73 per share; total value ≈ $625.
• Shares owned after the transaction: not specified in the provided filing.
• Footnote: F1 — shares received in lieu of director fees (compensation).
• Transaction type: Award/grant (A); not an open-market purchase or sale.

Context
This was a compensation-related award for director fees, a common practice for boards to pay part of remuneration in company stock. Such awards reflect compensation policy rather than an insider buying or selling stock for investment reasons.