SHENANDOAH TELECOMMUNICATION

Ticker: SHEN CUSIP: 82312B106 Class: Common Stock

Numerai GP LLC's Holding History (CIK: 0001668527)

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

Q4 2025

Shares 10,311 Value ($000) $119 Avg Close $11.83 Range $9.67 - $13.90

Q3 2025

Shares 10,311 Value ($000) $138 Avg Close $13.74 Range $11.71 - $15.84

Q2 2025

Shares 36,552 Value ($000) $499 Avg Close $12.69 Range $10.07 - $14.46

Q1 2025

Shares 59,066 Value ($000) $742 Avg Close $11.76 Range $9.77 - $13.61

Q4 2024

Shares 41,108 Value ($000) $518 Avg Close $13.44 Range $12.01 - $16.28

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	10,311	$119	$11.83	$9.67 - $13.90
Q3 2025	10,311	$138	$13.74	$11.71 - $15.84
Q2 2025	36,552	$499	$12.69	$10.07 - $14.46
Q1 2025	59,066	$742	$11.76	$9.77 - $13.61
Q4 2024	41,108	$518	$13.44	$12.01 - $16.28