Beckett Thomas 4
Research Summary
AI-generated summary
SHEN Director Beckett Receives 25 Shares as Award
What Happened
- Thomas Beckett, a director of Shenandoah Telecommunications Co. (SHEN), was issued 25.078 shares on 2026-06-01 at an attributed price of $15.95 per share, totaling about $400. This was an award/acquisition (code A) — shares granted as compensation rather than an open-market purchase.
Key Details
- Transaction date: 2026-06-01; reported on Form 4 filed 2026-06-02 (timely filing).
- Price per share: $15.95; total value reported: $400.
- Shares acquired: 25.078 (received in lieu of director fees — footnote F1).
- Shares owned after transaction: not specified in the provided filing.
- Transaction code: A (grant/award/other acquisition).
Context
- These shares were issued as director compensation (received in lieu of fees), which is a routine form of pay and does not necessarily indicate the director’s personal buying or selling decision. Such awards are common for non-employee directors and are different from open-market purchases, exercises of options, or sales.