Form 4: Shenandoah Telecommunications Director Acquires and Disposes of Shares in Lieu of Fees
SEC Form 4 Filing
Director Michael Anthony Rhymes receives shares in lieu of director fees and disposes of shares.
Summary
- On November 1, 2024, Michael Anthony Rhymes, a director of Shenandoah Telecommunications Co/VA/, acquired 36.1272 shares of common stock at a price of $13.84 per share.
- On the same day, Rhymes disposed of 104.6319 shares of common stock.
- Following these transactions, Rhymes beneficially owns 104.6319 shares.
- The shares were received in lieu of director fees.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, which is common for publicly traded companies. It provides transparency into the actions of company leadership.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects insider activity related to director compensation.
Key Dates
| Date | Description |
|---|---|
| 11/01/2024 | Date of transaction: acquisition and disposal of shares. |
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