DiMola James F 4

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.