Director Leigh Ann Schultz filed a Form 4 with the SEC on November 2, 2026, disclosing the acquisition of common stock in Shenandoah Telecommunications Co/VA/, traded on NASDAQ:SHEN, in lieu of director fees.

Key Highlights

  • Transaction date: November 2, 2026, with 65.5526 shares of common stock acquired (transaction code A).
  • Price per share: $10.17, received in lieu of director fees per the filing's footnote.
  • Direct holdings following transaction: 34,537.1343 shares of common stock held directly.
  • Indirect holdings: 38 shares of common stock held indirectly through a spouse.
  • Reporting person: Leigh Ann Schultz, identified as a Director of the issuer.
  • Signed by: Christopher E. French as Attorney in Fact for Leigh Ann Schultz.

Director Leigh Ann Schultz Adds Shares in Lieu of Fees at Shenandoah Telecom

According to the Form 4 filed on November 2, 2026, Leigh Ann Schultz, a director of Shenandoah Telecommunications Co/VA/ (NASDAQ:SHEN), acquired 65.5526 shares of common stock at a price of $10.17 per share. The filing's explanation of responses states that these shares were "received in lieu of director fees," meaning the acquisition reflects compensation in stock rather than cash for board service.

Following the reported transaction, the filing discloses that Schultz directly holds 34,537.1343 shares of common stock. In addition, 38 shares are reported as indirectly beneficially owned through a spouse. No derivative securities transactions were reported in Table II of the filing.

The Form 4 was filed by one reporting person, Leigh Ann Schultz, and signed by Christopher E. French as Attorney in Fact. The transaction was not indicated as being made pursuant to a Rule 10b5-1(c) plan, as that checkbox was not selected in the filing.

What Was Disclosed

Director Leigh Ann Schultz reported the acquisition of 65.5526 common shares at $10.17 each in lieu of director fees on November 2, 2026, bringing her direct beneficial ownership to 34,537.1343 shares, with an additional 38 shares held indirectly through a spouse.