4/A: Shenandoah Telecommunications CFO Corrects Ownership of Shares in Amended SEC Filing

Shenandoah Telecommunications' CFO, James J Volk, amended a previous SEC filing to correct the ownership of 332 shares acquired on May 7, 2024, clarifying they are indirectly owned through a spouse.

Summary

• This is an amended SEC Form 4 filing by James J Volk, the SVP Finance & CFO of Shenandoah Telecommunications.
• The amendment corrects a previous filing from May 7, 2024, regarding the acquisition of 332 common stock shares.
• The original filing incorrectly reported the 332 shares as directly owned by Mr. Volk.
• The amended filing clarifies that the 332 shares are indirectly owned through his spouse.
• The shares were acquired at a price of $14.64 per share.

Sentiment

Score: 7

Explanation: The document is a routine correction of a previous filing, indicating no significant positive or negative sentiment. It reflects standard compliance procedures.

Industry Context

This type of filing is routine for corporate officers and directors who have transactions in their company's stock. It ensures transparency and compliance with SEC regulations.

Comparison to Industry Standards

• SEC Form 4 filings are a standard practice for publicly traded companies in the United States.
• The correction of ownership details is not unusual and is part of the compliance process.
• Similar filings are made by officers and directors of companies like Verizon, AT&T, and other telecommunications firms when they trade their company's stock.

Stakeholder Impact

• The correction ensures accurate reporting of insider ownership, which is important for shareholders.

Key Dates

Keywords

SEC Filing, Form 4, Beneficial Ownership, Shenandoah Telecommunications, SHEN, James J Volk, CFO, Share Ownership, Indirect Ownership