Boston Omaha (BOC) Director Frank H. Kenan II Receives Award

What Happened

• Frank H. Kenan II, a director of Boston Omaha Corporation (BOC), was granted 5,252 shares of Class A common stock on 2026-09-14. The grant price is reported at $13.71 per share, for a total value of $72,005. This was an award/grant (transaction code A) under the company's incentive plan—an acquisition via compensation rather than an open-market purchase or sale.

Key Details

• Transaction date and price: 2026-09-14 at $13.71 per share.
• Total shares granted and value: 5,252 shares; total value reported $72,005.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: Form 4 was filed on 2026-09-16 (within the typical two-business-day reporting window), so appears timely.
• Notable footnotes:
  • F1: Shares granted under the Boston Omaha 2022 Long-Term Incentive Plan for board services.
  • F2–F4: Reported shares are held across entities/vehicles — directly by KD Capital, L.P. (managed by Mr. Kenan), in individual retirement accounts, and in a trust where he is trustee and beneficiary. Mr. Kenan may have direct or indirect beneficial ownership of these shares.

Context

• This was a compensation award for board service, not a market purchase or sale—such grants are routine for directors and do not by themselves indicate a change in insider sentiment. Because some shares are held via entities and retirement accounts, beneficial ownership is partly indirect as noted in the filing.