Beckett Thomas 4

What Happened

• Beckett Thomas, a director of Shenandoah Telecommunications Co. (SHEN), was granted 26.525 shares on July 1, 2026 at $15.08 per share, a total value of roughly $400. The transaction is reported as an "A" (award/acquisition) and the filing notes the shares were received in lieu of director fees.

Key Details

• Transaction date and price: 2026-07-01; 26.525 shares at $15.08 each (≈ $400 total).
• Transaction type: A = Award/Acquisition; footnote F1: shares received in lieu of director fees.
• Filing date: 2026-07-02 — filed promptly (within typical Form 4 timelines).
• Shares owned after transaction: Not reported in the provided filing.
• No indication this was a market purchase or sale (it was compensation, not an open-market trade).

Context

• Receiving shares in lieu of cash compensation is a routine form of director pay and does not necessarily indicate the director is buying stock for investment reasons. The amount here is small (~$400), so for retail investors this should be viewed as standard compensation rather than a meaningful insider buy signal.