DiMola James F bought SHEN
February 13, 2025 · Form 4 insider transaction
DiMola James F bought 4,751 shares of Shenandoah Telecommunications Company, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 5 days after the transaction.
Footnotes
Represents the vesting of restricted stock units ("RSUs") granted on July 30, 2024.; Each RSU represents a contingent right to receive one share of common stock.; The Reporting Person serves as a director designee of LIF Vista, LLC ("LIF Vista") on the Board of Directors of the Issuer. In connection with this arrangement, any equity-based securities awarded to the Reporting Person in his capacity as a director of the Issuer will be held by the Reporting Person on behalf of LIF Vista or its affiliates, transferred by the Reporting Person to LIF Vista or its affiliates, and/or sold by the Reporting Person, with the proceeds of such sale to be remitted to LIF Vista or its affiliates, in each case as directed by LIF Vista. Accordingly, upon the vesting of the RSUs reflected on this Form 4, the Reporting Person transferred the shares of the Issuer's common stock to LIF Vista. As a result, the Reporting Person disclaims any pecuniary interest in these securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.