---
schema_version: "secwatch.filing_event.v1"
accession: "0001171843-21-005320"
form_type: "8-K"
ticker: "SHEN"
cik: "0000354963"
company_name: "SHENANDOAH TELECOMMUNICATIONS CO/VA/"
filed_at: "2021-07-30T23:59:59+00:00"
generated_at: "2026-06-30T00:33:10.066863+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Shentel delays SVP Pirtle's departure to Dec 31; awards $364K in one-time bonuses for wireless sale

## Summary
- William Pirtle's departure extended to Dec 31, 2021 (from Aug 2) to assist sales transition under internal reorganization.
- Separation agreement signed: Pirtle retains base salary and benefits through Dec 31; no future equity grants.
- One-time cash bonuses of $137K (Volk), $130K (McKay), $97K (Pirtle) paid Aug 4 for wireless asset sale completion.
- Severance terms include 'Covered Termination' after change in control with modified bonus payout up to greater of earned or target for 2021.

## SEC filing metadata
- accession: 0001171843-21-005320
- form_type: 8-K
- ticker: SHEN
- cik: 0000354963
- company_name: SHENANDOAH TELECOMMUNICATIONS CO/VA/
- filed_at: 2021-07-30T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/354963/000117184321005320/0001171843-21-005320-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/354963/000117184321005320/f8k_073021.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001171843-21-005320
- JSON: https://secwatch.observer/filing/0001171843-21-005320.json
- Plain text: https://secwatch.observer/filing/0001171843-21-005320.txt

## Key facts
- Executive change
  William L. Pirtle departed as Senior Vice President Sales at SHENANDOAH TELECOMMUNICATIONS CO/VA/.
  - Action: departing
  - Role: Senior Vice President Sales
  source text: On July 30, 2021, Shenandoah Telecommunications Company (“Shentel” or the “Company”) announced that William L. Pirtle’s departure from the Company has been delayed until December 31, 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/354963/000117184321005320/0001171843-21-005320-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.