SHENANDOAH TELECOMMUNICATIONS CO/VA/·4

Feb 19, 5:01 PM ET

DiMola James F 4

4 · SHENANDOAH TELECOMMUNICATIONS CO/VA/ · Filed Feb 19, 2026

Research Summary

AI-generated summary of this filing

Updated

Shenandoah Telecom Director James DiMola Transfers 10,924 Shares

What Happened

  • James F. DiMola, a director designee of LIF Vista on Shenandoah Telecommunications' board, had 10,924 restricted stock units (RSUs) vest on Feb 18, 2026. The RSUs converted into 10,924 shares (SEC Form 4 codes show an exercise/conversion of a derivative) and those shares were transferred/disposed to LIF Vista or its affiliates. The transactions are reported at $0 per share (total reported proceeds $0). This was not a personal open-market sale for cash — the shares were handled per the LIF Vista arrangement and DiMola disclaims any pecuniary interest.

Key Details

  • Transaction date: 2026-02-18 (Form 4 filed 2026-02-19; appears timely)
  • Actions reported: exercise/conversion of derivative (code M) → 10,924 shares; other disposition (J) → 10,924 shares @ $0; disposition to issuer (D) for derivative → 10,924 shares @ $0
  • Price / proceeds: $0 per share; total reported proceeds $0
  • Shares owned after transaction: Reporting person disclaims pecuniary interest; beneficial ownership is held by LIF Vista or its affiliates per footnote
  • Notable footnotes: F1 — these were RSUs granted Feb 18, 2025 that vested; F2 — each RSU equals one share; F3 — DiMola serves as LIF Vista’s designee and transfers/holds awards on LIF Vista’s behalf
  • Filing timeliness: Filed the day after the transaction (no late filing indicated)

Context

  • This filing reflects RSU vesting and an immediate transfer to an affiliated investor (LIF Vista), not a typical personal sale or open-market transaction. For retail investors, such transfers are often routine under director/affiliate arrangements and don’t necessarily signal the insider’s personal view of the stock. The key takeaway is that 10,924 RSUs vested and were converted to shares that were then transferred to LIF Vista per the director-designee agreement.

Insider Transaction Report

Form 4
Period: 2026-02-18
Transactions
  • Exercise/Conversion

    Common Stock

    [F1][F2][F3]
    2026-02-18+10,92410,924 total
  • Other

    Common Stock

    [F3]
    2026-02-1810,9240 total
  • Disposition to Issuer

    Restricted Stock Unit

    [F2][F1][F3]
    2026-02-1810,9240 total
    From: 2026-02-18Exp: 2026-02-18Common Stock (10,924 underlying)
Footnotes (3)
  • [F1]Represents the vesting of restricted stock units ("RSUs") granted on Februrary 18, 2025.
  • [F2]Each RSU represents a contingent right to receive one share of common stock.
  • [F3]The Reporting Person serves as a director designee of LIF Vista, LLC ("LIF Vista") on the Board of Directors of the Issuer. In connection with this arrangement, any equity-based securities awarded to the Reporting Person in his capacity as a director of the Issuer will be held by the Reporting Person on behalf of LIF Vista or its affiliates, transferred by the Reporting Person to LIF Vista or its affiliates, and/or sold by the Reporting Person, with the proceeds of such sale to be remitted to LIF Vista or its affiliates, in each case as directed by LIF Vista. Accordingly, upon the vesting of the RSUs reflected on this Form 4, the Reporting Person transferred the shares of the Issuer's common stock to LIF Vista. As a result, the Reporting Person disclaims any pecuniary interest in these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.
Signature
/s/ James DiMola|2026-02-19

Documents

1 file
  • 4
    form410826004dim_02192026.xmlPrimary

    OWNERSHIP DOCUMENT