Shentel grants PSUs to four named executives with FTTH, cost, EBITDA targets

SHENANDOAH TELECOMMUNICATIONS CO/VA/

Grants to COO McKay (19,380 PSUs), CFO Volk (3,960), CIO Cheng (7,050), CHRO Tormey (1,550).
PSUs earned based on FTTH passings as of Dec 2024, cost-to-pass over 3 years, and 2024 consolidated net adj EBITDA.
Vesting requires continuous employment through Dec 31, 2024; prorated vesting on death or disability.
On change of control, PSUs convert to time-based RSUs or accelerate at 100% target if not assumed.
Granted under 2014 Equity Incentive Plan; forfeiture if employment ends before Dec 31, 2024.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.