Shenandoah (SHEN) Director Kenneth Quaglio Receives Award

What Happened Kenneth L. Quaglio, a director of Shenandoah Telecommunications Co. (SHEN), was granted 80.841 shares on September 2, 2026. The shares were valued at $12.37 each, totaling $1,000, and were received in lieu of director fees (transaction code A — award/acquisition). This was an award/compensation transaction rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-02; filing date: 2026-09-03 (timely filing).
• Shares: 80.841; Price per share reported: $12.37; Total value: $1,000.
• Transaction type: A (grant/award/acquisition). Footnote F1: shares received in lieu of director fees.
• Shares owned after transaction: not disclosed in this Form 4 filing.
• No indication of a 10b5-1 plan, cashless exercise, gift, or tax-withholding event in the filing.

Context Receiving shares in lieu of director fees is a common form of non-cash compensation and does not necessarily signal the director buying stock as an expression of personal bullishness. For retail investors, these routine compensation awards are informative about insider compensation practices but are generally less indicative of immediate insider sentiment than open-market purchases.