SHENANDOAH TELECOMMUNICATION

Ticker: SHEN CUSIP: 82312B106 Class: Common Stock

Brandywine Global Investment Management, LLC's Holding History (CIK: 0000829108)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 134,050 Value ($000) $1,550 Avg Close $11.83 Range $9.67 - $13.90

Q3 2025

Shares 139,150 Value ($000) $1,867 Avg Close $13.74 Range $11.71 - $15.84

Q2 2025

Shares 96,420 Value ($000) $1,317 Avg Close $12.69 Range $10.07 - $14.46

Q4 2016

Shares 1,000 Value ($000) $28 Avg Close $26.83 Range $22.05 - $30.20

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	134,050	$1,550	$11.83	$9.67 - $13.90
Q3 2025	139,150	$1,867	$13.74	$11.71 - $15.84
Q2 2025	96,420	$1,317	$12.69	$10.07 - $14.46
Q4 2016	1,000	$28	$26.83	$22.05 - $30.20