4Filed Aug 3, 8:00 PM ET
SHEN Director Kenneth Quaglio Receives Award of 83 Shares
$SHEN · SHENANDOAH TELECOMMUNICATIONS CO/VA/Research Summary
AI-generated summary of this SEC filing
SHEN Director Kenneth Quaglio Receives Award of 83 Shares
What Happened
Kenneth L. Quaglio, a director of Shenandoah Telecommunications Co. (SHEN), was granted 83.403 shares on 2026-08-03 (transaction code A) at a per-share value of $11.99, for a total value of approximately $1,000. This grant was shares issued in lieu of director fees rather than an open-market purchase.
Key Details
- Transaction date: 2026-08-03; Filing date: 2026-08-04 (timely filing).
- Shares acquired: 83.403 at $11.99 per share; total value ≈ $1,000.
- Shares owned after transaction: Not specified in the provided filing.
- Footnote: Shares received in lieu of director fees.
- Transaction type: Award/grant (compensation), not a purchase or sale of stock.
Context
Grants received in lieu of cash compensation are common for board members and reflect compensation, not necessarily a personal investment decision. The small dollar value (~$1,000) suggests routine fee conversion rather than a material insider buy signal.