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SHENANDOAH TELECOMMUNICATIONS CO/VA/·4

Jun 2, 5:10 PM ET

BARNES VICTOR CHRISTOPHER 4

Research Summary

AI-generated summary

Updated

Shenandoah Telecom (SHEN) Director Victor Barnes Receives 51 Shares

What Happened
Victor Christopher Barnes, a director of Shenandoah Telecommunications Co. (SHEN), was issued 51.202 shares on June 1, 2026 at $15.95 per share, a grant/acquisition valued at approximately $817. The award was issued in lieu of cash director fees (compensation), not an open-market purchase.

Key Details

  • Transaction date and price: 2026-06-01 — 51.202 shares @ $15.95 each (total ≈ $817).
  • Transaction type: Code A — grant/award or other acquisition (shares received as compensation).
  • Shares owned after transaction: Not disclosed in the filing.
  • Footnote: Shares received in lieu of director fees.
  • Filing date/timeliness: Report filed 2026-06-02 (next-day filing, appears timely).

Context
Receiving shares in lieu of cash director fees is a routine form of compensation and does not necessarily signal the director buying stock for investment reasons. The value is modest (~$817), so this transaction is primarily administrative/compensatory rather than a material insider buy.