SHENANDOAH TELECOMMUNICATIONS CO/VA/·4

May 5, 4:06 PM ET

Rhymes Michael Anthony 4

Research Summary

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Shenandoah (SHEN) Director Michael Rhymes Receives Stock Award

What Happened

  • Michael Anthony Rhymes, a director of Shenandoah Telecommunications Co. (SHEN), was awarded 31.786 shares on 2026-05-04. The shares were recorded at $15.73 each for a total reported value of $500. The transaction is coded as an acquisition/award (A) and the filing notes the shares were received in lieu of director fees.

Key Details

  • Transaction date: 2026-05-04; Form 4 filed: 2026-05-05 (timely filing).
  • Price/value: 31.786 shares × $15.73 = $500.
  • Transaction type/code: Award/acquisition (A); footnote: shares received in lieu of director fees.
  • Shares owned after the transaction: not reported in the provided details.
  • Filing timeliness: filed next day, not indicated as late.

Context

  • This was a compensation-related award (director fees paid in stock), not an open-market purchase or sale. Such awards are typically routine compensation and do not necessarily indicate a change in the director’s market view.
  • Not an options exercise, gift, or 10% owner transaction — simply stock issued/awarded as fees.