Leigh Ann Schultz - May 7, 2024 Form 4 Insider Report for SHENANDOAH TELECOMMUNICATIONS CO/VA/ (SHEN)

Role
Director
Signature
/s/ Christopher E French Attorney in Fact for Leigh Ann Schultz
Stock symbol
SHEN
Transactions as of
May 7, 2024
Transactions value $
$3,967
Form type
4
Date filed
5/7/2024, 08:51 PM
Previous filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
transaction SHEN Common Stock +Buy $3,967 +278 +1.36% $14.27 20,652 May 7, 2024 Direct
holding SHEN Common Stock 38 May 7, 2024 Spouse

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).