DiMola James F 4
4 · SHENANDOAH TELECOMMUNICATIONS CO/VA/ · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Shenandoah Telecom (SHEN) Director James DiMola Receives RSU Award
What Happened
James F. DiMola, a director of Shenandoah Telecommunications Co. (SHEN), was granted 9,863 restricted stock units (RSUs) on February 19, 2026. The Form 4 reports the award as a derivative acquisition at $0. Each RSU represents a contingent right to receive one share of common stock if and when the RSUs vest; no shares were sold or purchased for cash in this transaction.
Key Details
- Transaction date: 2026-02-19 (reported on Form 4 filed 2026-02-23). Filing appears to be within the standard two business-day reporting window.
- Transaction type/code: Award/Grant (A) of derivative securities (RSUs) at $0.
- Amount: 9,863 RSUs granted.
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: Each RSU equals a contingent right to one share of common stock.
- F2: DiMola serves as a director designee of LIF Vista, LLC; the RSUs will be held by or transferred/sold for LIF Vista or its affiliates, and DiMola states he does not have a pecuniary interest in these securities for Section 16 purposes.
Context
RSU awards are common compensation for directors and are not an immediate cash purchase or sale; they typically vest over time and convert into shares (or cash) upon vesting. Because these RSUs are held for or on behalf of LIF Vista per the filing, this grant reflects the designee arrangement rather than a personal economic investment by DiMola.
Insider Transaction Report
- Award
Restricted Stock Unit
[F1][F2]2026-02-19+9,863→ 9,863 totalFrom: 2027-02-19Exp: 2027-02-19→ Common Stock (9,863 underlying)
Footnotes (2)
- [F1]Each RSU represents a contingent right to receive one share of common stock.
- [F2]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, the Reporting Person does not have a pecuniary interest in these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.