SHENANDOAH TELECOMMUNICATION

Ticker: SHEN CUSIP: 82312B106 Class: Common Stock

FEDERATED HERMES, INC.'s Holding History (CIK: 0001056288)

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

Q4 2025

Shares 87 Value ($000) $1 Avg Close $11.83 Range $9.67 - $13.90

Q3 2025

Shares 166 Value ($000) $2 Avg Close $13.74 Range $11.71 - $15.84

Q2 2022

Shares 52,098 Value ($000) $1,157 Avg Close $22.59 Range $17.06 - $25.93

Q1 2022

Shares 83,473 Value ($000) $1,968 Avg Close $22.57 Range $18.77 - $26.58

Q3 2021

Shares 240,000 Value ($000) $7,579 Avg Close $38.05 Range $28.70 - $61.53

Q1 2021

Shares 40 Value ($000) $2 Avg Close $45.77 Range $38.77 - $52.20

Q4 2020

Shares 13,432 Value ($000) $581 Avg Close $44.90 Range $42.31 - $48.01

Q3 2020

Shares 13,399 Value ($000) $595 Avg Close $50.97 Range $42.18 - $56.77

Q2 2020

Shares 109 Value ($000) $5 Avg Close $50.71 Range $44.04 - $59.93

Q1 2020

Shares 646 Value ($000) $32 Avg Close $44.42 Range $38.35 - $51.00

Q4 2019

Shares 726 Value ($000) $30 Avg Close $35.41 Range $29.61 - $41.73

Q3 2019

Shares 29,620 Value ($000) $941 Avg Close $35.06 Range $30.70 - $41.63

Q2 2019

Shares 250,736 Value ($000) $9,658 Avg Close $41.46 Range $36.40 - $45.27

Q1 2019

Shares 453,185 Value ($000) $20,104 Avg Close $46.93 Range $43.28 - $51.18

Q4 2018

Shares 399,740 Value ($000) $17,688 Avg Close $42.67 Range $34.74 - $51.41

Q3 2018

Shares 92,873 Value ($000) $3,599 Avg Close $35.63 Range $31.10 - $39.40

Q2 2018

Shares 50,684 Value ($000) $1,657 Avg Close $34.16 Range $29.93 - $39.65

Q1 2018

Shares 25,343 Value ($000) $913 Avg Close $33.27 Range $30.00 - $38.60

Q4 2017

Shares 175 Value ($000) $6 Avg Close $36.81 Range $32.55 - $41.80

Q3 2017

Shares 245 Value ($000) $9 Avg Close $33.93 Range $28.00 - $39.48

Q2 2017

Shares 261 Value ($000) $8 Avg Close $30.99 Range $27.28 - $33.05

Q1 2017

Shares 240 Value ($000) $7 Avg Close $27.65 Range $25.35 - $31.10

Q4 2016

Shares 286 Value ($000) $8 Avg Close $26.83 Range $22.05 - $30.20

Q3 2016

Shares 302 Value ($000) $8 Avg Close $32.10 Range $24.92 - $42.66

Q2 2016

Shares 7,450 Value ($000) $291 Avg Close $30.94 Range $25.69 - $39.11

Q1 2014

Shares 1,685 Value ($000) $54 Avg Close $13.41 Range $11.51 - $17.00

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	87	$1	$11.83	$9.67 - $13.90
Q3 2025	166	$2	$13.74	$11.71 - $15.84
Q2 2022	52,098	$1,157	$22.59	$17.06 - $25.93
Q1 2022	83,473	$1,968	$22.57	$18.77 - $26.58
Q3 2021	240,000	$7,579	$38.05	$28.70 - $61.53
Q1 2021	40	$2	$45.77	$38.77 - $52.20
Q4 2020	13,432	$581	$44.90	$42.31 - $48.01
Q3 2020	13,399	$595	$50.97	$42.18 - $56.77
Q2 2020	109	$5	$50.71	$44.04 - $59.93
Q1 2020	646	$32	$44.42	$38.35 - $51.00
Q4 2019	726	$30	$35.41	$29.61 - $41.73
Q3 2019	29,620	$941	$35.06	$30.70 - $41.63
Q2 2019	250,736	$9,658	$41.46	$36.40 - $45.27
Q1 2019	453,185	$20,104	$46.93	$43.28 - $51.18
Q4 2018	399,740	$17,688	$42.67	$34.74 - $51.41
Q3 2018	92,873	$3,599	$35.63	$31.10 - $39.40
Q2 2018	50,684	$1,657	$34.16	$29.93 - $39.65
Q1 2018	25,343	$913	$33.27	$30.00 - $38.60
Q4 2017	175	$6	$36.81	$32.55 - $41.80
Q3 2017	245	$9	$33.93	$28.00 - $39.48
Q2 2017	261	$8	$30.99	$27.28 - $33.05
Q1 2017	240	$7	$27.65	$25.35 - $31.10
Q4 2016	286	$8	$26.83	$22.05 - $30.20
Q3 2016	302	$8	$32.10	$24.92 - $42.66
Q2 2016	7,450	$291	$30.94	$25.69 - $39.11
Q1 2014	1,685	$54	$13.41	$11.51 - $17.00