Edward H McKay, President & CEO at Shenandoah Telecommunications, bought SHEN on Jul 31, 2026

Data as of Oct 16

▲ BUY$24.3K2,000 shares at $12.14Edward H McKay President & CEOSHEN Shenandoah Telecommunications Co

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Traded: Jul 31, 2026
Disclosed: Aug 3, 2026
Filed: 3 days after the trade

Form 4s are due within two business days.

Official filing (SEC Form 4) ↗

The price around the disclosure

SHENSimilar stocks (XLC — its sector index fund), rebased to SHEN's price on the disclosure day

SHEN since disclosure

−17.3%

Similar stocks (XLC) since disclosure

−0.9%

XLC — its sector index fund

Change in closing price from Aug 3, 2026 (the first trading day on or after disclosure) to Oct 16, 2026. Dividends excluded. Not a return anyone earned.

Our take

⚪ CFO buys $25K+ of own stock — fired on this disclosure day
Not enough evidence · In past tests: 3.6 percentage points better than similar stocks over 3 months · 2,178 tries
⚪ CFO buys $25K+ of own liquid stock — fired on this disclosure day
Not enough evidence · In past tests: 2.0 percentage points better than similar stocks over 3 months · 1,426 tries

What this rule is doing with SHEN right now

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