Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-18 · Built: 2026-10-18 · 中文

← United States · Coverage record

US · SEC FORM 4

SHENANDOAH TELECOMMUNICATIONS CO/VA/

SHEN · Nasdaq · CIK 0000354963 · Communication Services · Telecom Services

INSIDER SIGNAL

46.2 / 100

2 buyers · 3 purchase transaction lines · $74.3K gross purchase

WHY THIS SIGNAL?

Buyer breadthLow
Purchase sizeLow
RoleModerate
RecencyLow
ConvictionStrong
Score anatomy

Each bar shows the contribution to the current score; the weights and formula stay unchanged.

Cluster+14.0 / 35
Purchase size+6.5 / 25
Role+13.0 / 20
Recency+2.7 / 10
Conviction+10.0 / 10

What is holding the score back?

  • ⚠ Cluster breadth is moderate · 2 insider(s), not 4+
  • ⚠ Purchase size is modest relative to the model scale
  • ⚠ Role scores low · most senior buyer: President & CEO (CEO, chair and 10% owners score lowest)
  • ⚠ Purchase activity is becoming less recent

Purchase-size comments are relative to the model scale. Average daily volume is a separate market-context diagnostic.

US-v1.2 ranks qualifying equity purchases under the current 180-day rules. The score is a research priority, not a return forecast or probability. Backtests have not shown that a higher US score is followed by better returns.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
SCHULTZ LEIGH ANNDirector
○○○○○○
Rhymes Michael AnthonyDirector
○○○○○○
QUAGLIO KENNETH LDirector
○○○○○○
Koontz Richard L JrDirector
○○○○○○
Beckett ThomasDirector
○○○○○
BARNES VICTOR CHRISTOPHERDirector
○○○○○
● Purchase▼ Sale○ Other

Showing the six most active owners; 2 additional owner(s) remain in Form 4 evidence.

Purchase breadth & concentration

QUALIFYING BUYERS2
PURCHASE CONCENTRATION67%Largest buyer: VOLK JAMES J · $50.0K
CLUSTER BUYING · 15D2 insidersPeak activity: 2026-07-31–2026-07-31

Roles in the peak window: President & CEO, SVP Finance & CFO. Concentration uses priced qualifying P lines only and does not change the saved score.

SIGNAL HISTORY

46.2 / 100

Latest recorded score

↓ -0.1 ptsversus the previous recorded snapshot
  1. 46.5
  2. 46.4
  3. 46.3
  4. 46.3
  5. 46.2

Only scores saved when a full US scoring run completed are shown; gaps are not reconstructed.

Recent Form 4 activity

3Purchases
0Sales
156Other Form 4 lines
120SEC filings · 365 days
BUYING3 qualifying P line(s) · 180 days
SELLING0 sale line(s) · context only
OTHER38 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot detected in parsed evidence

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.

Price performance

1M
-13.1%
3M
-17.8%
6M
-31.2%
12M
-24.4%

Volatility & liquidity

Volatility
43.7%
Beta
—
Avg daily value
USD 7.6M

Valuation

Market cap
USD 576.3M
P/E
—

Fundamentals

Profit margin
-9.2%
ROE
-3.7%
Industry
Telecom Services

Market data

Price data up to: 2026-10-11 · Price source: OpenBB/yfinance; volume from price cache (yfinance) · From SEC filings: Market cap, Profit margin, ROE · Fiscal year ended: 2025-12-31 · Market cap is the shares outstanding stated on the filing cover multiplied by the latest close. Share count date: 2026-07-22 · Status: PASS

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
2,591,289
Previous report
3,303,165
Avg daily volume
1,547,702
Days to cover
1.7

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2026-07-31VOLK JAMES JPurchase (P)Common Stock4,283USD 11.67USD 50,000SEC filing ↗
2026-07-31McKay Edward HPurchase (P)Common Stock2,000USD 12.14USD 24,280SEC filing ↗
2025-09-11ECP Fiber Holdings GP, LLC; ECP Fiber Holdings, LP; Hill City Holdings GP, LLC; Hill City Holdings, LPPurchase (P)Common Stock1,803USD 13.34USD 24,052SEC filing ↗
2025-09-11ECP ControlCo, LLC; ENERGY CAPITAL PARTNERS IV-A, LP; ENERGY CAPITAL PARTNERS IV-B, LP; ENERGY CAPITAL PARTNERS IV-C, LP; ENERGY CAPITAL PARTNERS IV-D, LP; Energy Capital Partners GP IV, LP; Energy Capital Partners IV, LLC; Energy Capital Partners IV-B (Hill City IP), LPPurchase (P)Common Stock1,803USD 13.34USD 24,052SEC filing ↗
2025-09-10ECP Fiber Holdings GP, LLC; ECP Fiber Holdings, LP; Hill City Holdings GP, LLC; Hill City Holdings, LPPurchase (P)Common Stock13,541USD 13.29USD 179,960SEC filing ↗
2025-09-10ECP ControlCo, LLC; ENERGY CAPITAL PARTNERS IV-A, LP; ENERGY CAPITAL PARTNERS IV-B, LP; ENERGY CAPITAL PARTNERS IV-C, LP; ENERGY CAPITAL PARTNERS IV-D, LP; Energy Capital Partners GP IV, LP; Energy Capital Partners IV, LLC; Energy Capital Partners IV-B (Hill City IP), LPPurchase (P)Common Stock13,541USD 13.29USD 179,960SEC filing ↗
2025-09-09ECP Fiber Holdings GP, LLC; ECP Fiber Holdings, LP; Hill City Holdings GP, LLC; Hill City Holdings, LPPurchase (P)Common Stock362USD 13.39USD 4,847SEC filing ↗
2025-09-09ECP ControlCo, LLC; ENERGY CAPITAL PARTNERS IV-A, LP; ENERGY CAPITAL PARTNERS IV-B, LP; ENERGY CAPITAL PARTNERS IV-C, LP; ENERGY CAPITAL PARTNERS IV-D, LP; Energy Capital Partners GP IV, LP; Energy Capital Partners IV, LLC; Energy Capital Partners IV-B (Hill City IP), LPPurchase (P)Common Stock362USD 13.39USD 4,847SEC filing ↗
2025-09-08ECP Fiber Holdings GP, LLC; ECP Fiber Holdings, LP; Hill City Holdings GP, LLC; Hill City Holdings, LPPurchase (P)Common Stock147USD 13.46USD 1,979SEC filing ↗
2025-09-08ECP ControlCo, LLC; ENERGY CAPITAL PARTNERS IV-A, LP; ENERGY CAPITAL PARTNERS IV-B, LP; ENERGY CAPITAL PARTNERS IV-C, LP; ENERGY CAPITAL PARTNERS IV-D, LP; Energy Capital Partners GP IV, LP; Energy Capital Partners IV, LLC; Energy Capital Partners IV-B (Hill City IP), LPPurchase (P)Common Stock147USD 13.46USD 1,979SEC filing ↗
2025-09-05ECP Fiber Holdings GP, LLC; ECP Fiber Holdings, LP; Hill City Holdings GP, LLC; Hill City Holdings, LPPurchase (P)Common Stock3,000USD 13.45USD 40,350SEC filing ↗
2025-09-05ECP ControlCo, LLC; ENERGY CAPITAL PARTNERS IV-A, LP; ENERGY CAPITAL PARTNERS IV-B, LP; ENERGY CAPITAL PARTNERS IV-C, LP; ENERGY CAPITAL PARTNERS IV-D, LP; Energy Capital Partners GP IV, LP; Energy Capital Partners IV, LLC; Energy Capital Partners IV-B (Hill City IP), LPPurchase (P)Common Stock3,000USD 13.45USD 40,350SEC filing ↗
2025-09-04ECP Fiber Holdings GP, LLC; ECP Fiber Holdings, LP; Hill City Holdings GP, LLC; Hill City Holdings, LPPurchase (P)Common Stock2,068USD 12.96USD 26,801SEC filing ↗
2025-09-04ECP ControlCo, LLC; ENERGY CAPITAL PARTNERS IV-A, LP; ENERGY CAPITAL PARTNERS IV-B, LP; ENERGY CAPITAL PARTNERS IV-C, LP; ENERGY CAPITAL PARTNERS IV-D, LP; Energy Capital Partners GP IV, LP; Energy Capital Partners IV, LLC; Energy Capital Partners IV-B (Hill City IP), LPPurchase (P)Common Stock2,068USD 12.96USD 26,801SEC filing ↗
2025-09-03ECP Fiber Holdings GP, LLC; ECP Fiber Holdings, LP; Hill City Holdings GP, LLC; Hill City Holdings, LPPurchase (P)Common Stock30,000USD 12.79USD 383,700SEC filing ↗

Form 4 evidence

159 transaction lines in the latest 365-day window; 1,014 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-10-01SCHULTZ LEIGH ANNAward / grant (A)Common Stock59USD 11.22USD 667SEC filing ↗
2026-10-01Rhymes Michael AnthonyAward / grant (A)Common Stock45USD 11.22USD 500SEC filing ↗
2026-10-01QUAGLIO KENNETH LAward / grant (A)Common Stock89USD 11.22USD 1,000SEC filing ↗
Show recent Form 4 evidence (30 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-10-01SCHULTZ LEIGH ANNAward / grant (A)Common Stock59USD 11.22USD 667SEC filing ↗
2026-10-01Rhymes Michael AnthonyAward / grant (A)Common Stock45USD 11.22USD 500SEC filing ↗
2026-10-01QUAGLIO KENNETH LAward / grant (A)Common Stock89USD 11.22USD 1,000SEC filing ↗
2026-10-01Koontz Richard L JrAward / grant (A)Common Stock45USD 11.22USD 500SEC filing ↗
2026-10-01Beckett ThomasAward / grant (A)Common Stock36USD 11.22USD 400SEC filing ↗
2026-10-01BARNES VICTOR CHRISTOPHERAward / grant (A)Common Stock73USD 11.22USD 817SEC filing ↗
2026-09-02SCHULTZ LEIGH ANNAward / grant (A)Common Stock54USD 12.37USD 667SEC filing ↗
2026-09-02Rhymes Michael AnthonyAward / grant (A)Common Stock40USD 12.37USD 500SEC filing ↗
2026-09-02QUAGLIO KENNETH LAward / grant (A)Common Stock81USD 12.37USD 1,000SEC filing ↗
2026-09-02Koontz Richard L JrAward / grant (A)Common Stock40USD 12.37USD 500SEC filing ↗
2026-09-02Beckett ThomasAward / grant (A)Common Stock32USD 12.37USD 400SEC filing ↗
2026-09-02BARNES VICTOR CHRISTOPHERAward / grant (A)Common Stock66USD 12.37USD 817SEC filing ↗
2026-08-03SCHULTZ LEIGH ANNAward / grant (A)Common Stock56USD 11.99USD 667SEC filing ↗
2026-08-03Rhymes Michael AnthonyAward / grant (A)Common Stock42USD 11.99USD 500SEC filing ↗
2026-08-03QUAGLIO KENNETH LAward / grant (A)Common Stock83USD 11.99USD 1,000SEC filing ↗
2026-08-03Koontz Richard L JrAward / grant (A)Common Stock42USD 11.99USD 500SEC filing ↗
2026-08-03Beckett ThomasAward / grant (A)Common Stock33USD 11.99USD 400SEC filing ↗
2026-08-03BARNES VICTOR CHRISTOPHERAward / grant (A)Common Stock68USD 11.99USD 817SEC filing ↗
2026-07-31VOLK JAMES JPurchase (P)Common Stock4,283USD 11.67USD 50,000SEC filing ↗
2026-07-31McKay Edward HPurchase (P)Common Stock2,000USD 12.14USD 24,280SEC filing ↗
2026-07-01SCHULTZ LEIGH ANNAward / grant (A)Common Stock44USD 15.08USD 667SEC filing ↗
2026-07-01Rhymes Michael AnthonyAward / grant (A)Common Stock33USD 15.08USD 500SEC filing ↗
2026-07-01QUAGLIO KENNETH LAward / grant (A)Common Stock28USD 15.08USD 417SEC filing ↗
2026-07-01Koontz Richard L JrAward / grant (A)Common Stock33USD 15.08USD 500SEC filing ↗
2026-07-01Beckett ThomasAward / grant (A)Common27USD 15.08USD 400SEC filing ↗
2026-07-01BARNES VICTOR CHRISTOPHERAward / grant (A)Common Stock54USD 15.08USD 817SEC filing ↗
2026-06-01SCHULTZ LEIGH ANNAward / grant (A)Common Stock42USD 15.95USD 667SEC filing ↗
2026-06-01Rhymes Michael AnthonyAward / grant (A)Common Stock31USD 15.95USD 500SEC filing ↗
2026-06-01QUAGLIO KENNETH LAward / grant (A)Common Stock26USD 15.95USD 417SEC filing ↗
2026-06-01Koontz Richard L JrAward / grant (A)Common Stock31USD 15.95USD 500SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-18
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerSHEN
CIK0000354963
SectorCommunication Services
IndustryTelecom Services Yahoo Finance
SEC SIC4813 Telephone Communications (No Radiotelephone)
ExchangeNasdaq

Data coverage

Local Form 4 history1,014 transaction lines from 2020-01-06 to 2026-10-01
203 P purchase lines · 15 S sale lines · 796 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.