Director Richard L. Koontz Jr. filed a Form 4 with the SEC on November 2, 2026, disclosing the acquisition of common stock in Shenandoah Telecommunications Co/VA/ (NASDAQ:SHEN) received in lieu of director fees.

Key Highlights

  • Reporting person: Richard L. Koontz Jr., identified as a Director of Shenandoah Telecommunications Co/VA/
  • Transaction date: November 2, 2026
  • Shares acquired: 49.1642 shares of Common Stock, coded as an acquisition (A)
  • Price per share: $10.17
  • Shares received in lieu of director fees, as noted in the filing's Explanation of Responses
  • Beneficial ownership following transaction: 71,947.363 shares of Common Stock, held directly

Koontz Director Fee Share Acquisition at Shenandoah Telecommunications

According to the Form 4 filed on November 2, 2026, Richard L. Koontz Jr. acquired 49.1642 shares of Common Stock in Shenandoah Telecommunications Co/VA/ at a price of $10.17 per share. The filing's Explanation of Responses states that the shares were "received in lieu of director fees," indicating the transaction represents a compensation arrangement rather than an open-market purchase.

The transaction is reported under Table I as a non-derivative security acquisition with transaction code "A." Following this transaction, the filing reports that Koontz directly beneficially owns 71,947.363 shares of Common Stock in the company. No derivative securities are reported in Table II of the filing.

The Form 4 was signed by Christopher E. French as Attorney in Fact for Richard L. Koontz Jr. and dated November 2, 2026. The filing identifies November 2, 2026 as the date of the earliest transaction. No amendment date is listed, indicating this is an original filing.

What Was Disclosed

The filing discloses that Director Richard L. Koontz Jr. received 49.1642 shares of Shenandoah Telecommunications Common Stock at $10.17 per share in lieu of director fees on November 2, 2026, bringing his total direct beneficial ownership to 71,947.363 shares.