Rhymes Michael Anthony 4

What Happened

• Michael Anthony Rhymes, a director of Shenandoah Telecommunications Co. (SHEN), was granted/received 33.157 shares on 2026-07-01 at a reported price of $15.08 per share, with a total value of approximately $500. This transaction is an award/acquisition (code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-01; Filing date: 2026-07-02 (timely filing within the usual Form 4 window).
• Price per share: $15.08; Total reported value: ~$500.
• Shares acquired: 33.157 shares.
• Shares owned after transaction: Not specified in the provided excerpt (see full Form 4 for beneficial ownership totals).
• Footnote: Shares received in lieu of director fees (F1).
• No 10b5-1 plan, option exercise, gift, or tax-withholding notation indicated in the provided details.

Context

• This was compensation paid in stock (director fees settled in shares), a routine form of director remuneration. Such awards are common and do not necessarily signal a personal market-view decision. The dollar amount is small relative to typical market-cap moves; investors should consult the full Form 4 for ownership context.