Labor Impact Fund, L.P. 4

What Happened
James DiMola, serving as the director designee for LIF Vista on Shenandoah Telecommunications Co.'s board, was awarded 9,863 restricted stock units (RSUs) reported by GCM Grosvenor affiliates on a Form 4. The award is recorded as an acquisition (code A) at $0.00 per unit; each RSU represents a contingent right to one share of common stock.

Key Details

• Transaction date: 2026-02-19; Form 4 filed: 2026-02-23 (timely filing).
• Amount: 9,863 RSUs; reported acquisition price: $0.00 (award/derivative).
• Shares owned after transaction: not specified in this filing.
• Footnotes: F3 confirms each RSU converts to one share if vested; F4 explains the RSUs were awarded to DiMola in his capacity as a director designee and will be held, transferred to, or sold for the benefit of LIF Vista or its affiliates as directed. F1–F2 list multiple reporting entities (GCM/Grosvenor affiliates) that disclaim direct beneficial ownership except for pecuniary interest.
• Transaction code: A = Award/Grant (derivative).
• Filing timeliness: Filed within the Form 4 deadline (not reported late).

Context
This is an equity award to a board designee tied to an institutional holder (LIF Vista/GCM Grosvenor affiliates), not an open-market purchase or sale by an individual insider. RSU awards are compensation/equity-based grants and do not necessarily signal immediate buying or selling intent; per the filing, DiMola will hold or transfer these RSUs on behalf of LIF Vista as directed.