secwatch / observer

SHENANDOAH TELECOMMUNICATIONS CO/VA/ — fact timeline

Source-grounded facts extracted from SHENANDOAH TELECOMMUNICATIONS CO/VA/'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

SHEN SHENANDOAH TELECOMMUNICATIONS CO/VA/ JSON

Matthew D. Rinklin was elected as Director at SHENANDOAH TELECOMMUNICATIONS CO/VA/.

“Effective June 8, 2026, pursuant to the Investor Rights Agreement as described above, the Board elected Matthew D. Rinklin to fill the Investor Director vacancy created by Mr. DiMola’s resignation.”

James F. DiMola resigned as Director at SHENANDOAH TELECOMMUNICATIONS CO/VA/.

“On June 4, 2026, James F. DiMola, a member of the Board of Directors (the “Board”) of Shenandoah Telecommunications Company (the “Company”), informed the Company of his decision to resign from the Board, effective as of June 8, 2026.”
Earnings Releases

SHENANDOAH TELECOMMUNICATIONS CO/VA/ reported the three months ended March 31, 2026 results: revenue $92.2 million, net income Net loss from operations was $15.8 million. Guidance reaffirmed.

“Total revenue increased 4.8% year over year to $92.2 million. Net loss from operations was $15.8 million”
Material Agreements

SHENANDOAH TELECOMMUNICATIONS CO/VA/ entered into Base Indenture and Series 2025-1 Supplement with Citibank, N.A. valued at $567,405,000 aggregate principal amount of secured fiber network revenue term notes (effective 2025-12-05).

“On December 5, 2025, Shentel Issuer, LLC (the “ Issuer ”), a limited-purpose, bankruptcy remote subsidiary of Shenandoah Telecommunications Company (“ Shentel ”), closed its previously announced inaugural offering of $567,405,000 aggregate principal amount of secured fiber network revenue term notes, consisting of $489,142,000 5.64% Series 2025-1, Class A-2 term notes and $78,263,000 6.03% Series 2025-1, Class B term notes (collectively, the “ Term Notes ”), each with an anticipated repayment date in December 2030 (the “ Term Notes ARD ”).”
Debt Financings

SHENANDOAH TELECOMMUNICATIONS CO/VA/ incurred senior notes of $567,405,000 aggregate principal amount of secured fiber network revenue term notes, consisting of $489,142,000 5.64% Se with Citibank, N.A. at 5.64% per annum for Class A-2; 6.03% per annum for Class B maturing anticipated repayment date in December 2030.

“On December 5, 2025, Shentel Issuer, LLC (the “ Issuer ”), a limited-purpose, bankruptcy remote subsidiary of Shenandoah Telecommunications Company (“ Shentel ”), closed its previously announced inaugural offering of $567,405,000 aggregate principal amount of secured fiber network revenue term notes, consisting of $489,142,000 5.64% Series 2025-1, Class A-2 term notes and $78,263,000 6.03% Series 2025-1, Class B term notes (collectively, the “ Term Notes ”), each with an anticipated repayment date in December 2030 (the “ Term Notes ARD ”).”

Tracy L. Willis was appointed as principal accounting officer at SHENANDOAH TELECOMMUNICATIONS CO/VA/.

“On April 22, 2025, Tracy L. Willis was appointed principal accounting officer of Shenandoah Telecommunications Company (the “Company”).”

James Volk was appointed as Senior Vice President and Chief Financial Officer at SHENANDOAH TELECOMMUNICATIONS CO/VA/.

“Effective upon his departure, James Volk, the Company’s Senior Vice President and Chief Financial Officer, will serve as the Company’s principal accounting officer and will continue to serve as the Company’s principal financial officer.”

Dennis Romps resigned as Vice President and Chief Accounting Officer at SHENANDOAH TELECOMMUNICATIONS CO/VA/.

“On August 19, 2024, Dennis Romps, Vice President and Chief Accounting Officer of Shenandoah Telecommunications Company (the “Company”), notified the Company of his intention to resign from the Company, effective September 6, 2024.”

Michael A. Rhymes was appointed as Class 2 Director at SHENANDOAH TELECOMMUNICATIONS CO/VA/.

“On July 30, 2024, the Board of Directors (the “Board”) of Shenandoah Telecommunications Company (the “Company”) increased the size of the Board from 10 to 11 and appointed Michael A. Rhymes to serve as a Class 2 Director, effective immediately.”
Earnings Releases

SHENANDOAH TELECOMMUNICATIONS CO/VA/ reported first quarter 2024 results: net income Net loss from continuing operations was $4.1 million in the first quarter of 2024.

“Revenue grew 3.1% to $69.2 million compared to the first quarter of 2023.”
Governance Changes

SHENANDOAH TELECOMMUNICATIONS CO/VA/: In connection with the Board Size Amendment, the Board adopted amended and restated bylaws providing that the Board shall fix the number of directors by resolution within the range specified in the amendment (effective 2024-04-30).

“In connection with the effectiveness of the Board Size Amendment, the Board adopted amended and restated bylaws of the Company (the “Bylaws”) to provide that the Board shall fix the number of directors by resolution from time to time within the range specified in the Board Size Amendment (the “Bylaw Amendment”).”

Matthew S. DeNichilo was appointed as Class 1 Director at SHENANDOAH TELECOMMUNICATIONS CO/VA/.

“and (ii) Matthew S. DeNichilo to serve as a Class 1 Director for a term expiring at the 2025 Annual Meeting”

James F. DiMola was appointed as Class 3 Director at SHENANDOAH TELECOMMUNICATIONS CO/VA/.

“the Board increased the size of the Board from 8 to 10 and appointed (i) James F. DiMola to serve as a Class 3 Director for a term expiring at the Company’s 2025 Annual Meeting of Shareholders”
M&A Transactions

SHENANDOAH TELECOMMUNICATIONS CO/VA/ completed an acquisition involving Horizon Acquisition Parent LLC for issuing 4,100,375 shares of Shentel’s common stock, no par value (“Common Stock”), to an investment fund managed by affiliates of GCM Grosvenor ... and paying $ (closed 2024-04-01).

“Subject to the terms and conditions of the Merger Agreement, on the Closing Date, Shentel acquired 100% of the outstanding equity interests of Horizon in exchange for (i) issuing 4,100,375 shares of Shentel’s common stock, no par value (“Common Stock”), to an investment fund managed by affiliates of GCM Grosvenor (“GCM Grosvenor”), which is one of the Sellers; and”
M&A Transactions

SHENANDOAH TELECOMMUNICATIONS CO/VA/ completed a disposition involving Vertical Bridge Holdco, LLC for $309.9 million in cash (closed 2024-03-29).

“On March 29, 2024, Shenandoah Mobile, LLC, a wholly-owned subsidiary of Shenandoah Telecommunications Company (collectively, “Shentel”), completed the initial closing (the “Initial Closing”) of its previously disclosed sale of substantially all of Shentel’s tower portfolio and operations (“Tower Portfolio”) to Vertical Bridge Holdco, LLC (“Vertical Bridge”) for $309.9 million in cash (the “Transaction”).”
Material Agreements

SHENANDOAH TELECOMMUNICATIONS CO/VA/ entered into Purchase and Sale Agreement with Vertical Bridge Holdco, LLC valued at $310.3 million (effective 2024-02-29).

“On February 29, 2024, Shenandoah Mobile, LLC, a wholly-owned subsidiary of Shenandoah Telecommunications Company (collectively, “Shentel”), entered into a Purchase and Sale Agreement (the “Transaction Agreement”) with Vertical Bridge Holdco, LLC (“Vertical Bridge”) to sell substantially all of Shentel’s tower portfolio and operations (“Tower Portfolio”) to Vertical Bridge for $310.3 million in cash (the “Transaction”).”
Earnings Releases

SHENANDOAH TELECOMMUNICATIONS CO/VA/ reported the three and nine months ended September 30, 2023 results: revenue $71.8 million, net income $1.6 million, EPS $0.03.

“Fiber Markets added approximately 4,500 subscribers; 13.9% higher than the third quarter of 2022 and 12.5% higher than the second quarter 2023. Consolidated revenue grew 7.3% to $71.8 million compared to the third quarter of 2022. Glo Fiber Markets revenue grew 90.5% to $9.3 million and Broadband revenue grew 8.1% to $67.4 million over the same period. Consolidated”
Material Agreements

SHENANDOAH TELECOMMUNICATIONS CO/VA/ entered into Investment Agreement with ECP Fiber Holdings, LP and Hill City Holdings, LP valued at 81,000 shares (effective 2023-10-24).

“Contemporaneously with the execution of the Merger Agreement, Shentel and Shentel Broadband Holding Inc., a wholly-owned subsidiary of Shentel (“Shentel Broadband”), entered into an investment agreement (the “Investment Agreement”) with ECP Fiber Holdings, LP, a Delaware limited partnership (“ECP Investor”), and, solely for the limited purposes set forth therein, Hill City Holdings, LP, a Delaware limited partnership affiliated with ECP Investor (“Hill City”).”
Material Agreements

SHENANDOAH TELECOMMUNICATIONS CO/VA/ entered into Agreement and Plan of Merger with Horizon Acquisition Parent LLC, the sellers set forth on the signature pages thereto, and Novacap TMT V, L.P. valued at $305 million in cash (effective 2023-10-24).

“On October 24, 2023, Shenandoah Telecommunications Company (“Shentel”) entered into an Agreement and Plan of Merger (the “Merger Agreement”), with Horizon Acquisition Parent LLC, a Delaware limited liability company (“Horizon”), Fox Merger Sub I Inc., a Delaware corporation and wholly-owned subsidiary of Shentel (“Merger Sub I”), Fox Merger Sub II, a Delaware limited liability company and wholly-owned subsidiary of Shentel (“Merger Sub II”), the sellers set forth on the signature pages thereto (each, a “Seller” and collectively, the “Sellers”) and Novacap TMT V, L.P., as representative of the Sellers (the “Seller Representative”).”
Earnings Releases

SHENANDOAH TELECOMMUNICATIONS CO/VA/ reported second quarter 2023 results: revenue $71.3 million, net income $1.8 million, EPS $0.04.

“results. Second Quarter 2023 Highlights Glo Fiber Markets added approximately 4,000 subscribers; 20.7% higher than the second quarter of 2022. Consolidated revenue grew 8.1% to $71.3 million compared to the second quarter of 2022. Glo Fiber Markets revenue grew 101.3% to $8.2 million and Broadband revenue grew 8.6% to $66.7 million over the same period. Consolidated”
Material Agreements

SHENANDOAH TELECOMMUNICATIONS CO/VA/ amended Amendment No. 1 to Credit Agreement with various financial institutions party thereto (the "Lenders") and CoBank, ACB, as administrative agent for the Lenders (effective 2023-05-17).

“On May 17, 2023, Shenandoah Telecommunications Company (the “Company”) entered into Amendment No. 1 to Credit Agreement (the “Amendment”) to its existing Credit Agreement, dated as of July 1, 2021, with various financial institutions party thereto (the “Lenders”) and CoBank, ACB, as administrative agent for the Lenders (the “Credit Agreement”).”
Earnings Releases

SHENANDOAH TELECOMMUNICATIONS CO/VA/ reported first quarter 2023 results: revenue $71.7 million, net income $2.1 million.

“First Quarter 2023 Highlights Glo Fiber Markets data net additions were 4,507 or 87.3% higher than the first quarter of 2022. Consolidated revenue grew 11.3% to $71.7 million compared to the first quarter of 2022. Glo Fiber Markets revenue grew 104.7% to $7.0 million and Broadband revenue grew 12.5% to $67.2 million over the same period. Consolidated net income was $2.1 million in the first quarter of 2023, compared with net loss of $0.6 million in the first quarter of 2022. Consolidated Adjusted EBITDA grew 28.6% to $22.4 million compared to the first quarter of 2022. Broadband Adjusted EBITDA grew 25.0% to $26.3 million over the same period.”
Shareholder Votes

SHENANDOAH TELECOMMUNICATIONS CO/VA/ shareholders voted on Non-Binding Vote on the Frequency of Future Shareholder Votes on Named Executive Officer Compensation at the 2023-04-25 meeting.

“Proposal 4 - Non-Binding Vote on the Frequency of Future Shareholder Votes on Named Executive Officer Compensation The Company’s shareholders voted, on a non-binding basis, on the frequency of future shareholder votes on the compensation paid to the Company’s named executive officers, as set forth below: One (1) Year Two (2) Years Three (3) Years Abstentions Broker Non-Votes 30,463,589 138,657 1,957,216 78,615 7,736,559”
Shareholder Votes

SHENANDOAH TELECOMMUNICATIONS CO/VA/ shareholders approved Non-Binding Vote on Named Executive Officer Compensation at the 2023-04-25 meeting.

“Proposal 3 - Non-Binding Vote on Named Executive Officer Compensation The Company’s shareholders approved, on a non-binding basis, the compensation paid to the Company’s named executive officers, as set forth below: Votes For Votes Against Abstentions Broker Non-Votes 31,797,144 632,998 207,935 7,736,559”
Shareholder Votes

SHENANDOAH TELECOMMUNICATIONS CO/VA/ shareholders approved Ratification of Selection of Independent Registered Public Accounting Firm at the 2023-04-25 meeting.

“Proposal 2 – Ratification of Selection of Independent Registered Public Accounting Firm The Company’s shareholders ratified the appointment of RSM US LLP, as set forth below: Votes For Votes Against Abstentions Broker Non-Votes 40,094,528 164,819 115,289 -”
Shareholder Votes

SHENANDOAH TELECOMMUNICATIONS CO/VA/ shareholders approved Election of Directors at the 2023-04-25 meeting.

“Proposal 1 – Election of Directors The following Director nominees were elected. All individuals elected as a Director will serve a three (3) year term expiring at the annual meeting of shareholders in 2026. Votes For Votes Against Abstentions Broker Non-Votes Tracy Fitzsimmons 30,554,150 2,042,051 41,876 7,736,559 John W. Flora 31,795,051 818,754 24,272 7,736,559 Kenneth L. Quaglio 32,337,486 245,677 54,914 7,736,559”
Earnings Releases

SHENANDOAH TELECOMMUNICATIONS CO/VA/ reported financial results for the three and twelve months ended December 31, 2022.

“On February 22, 2023, Shenandoah Telecommunications Company (the “Company”) issued a press release announcing its financial position as of December 31, 2022, results of operations for the three and twelve months ended December 31, 2022, and other related information.”
Earnings Releases

SHENANDOAH TELECOMMUNICATIONS CO/VA/ reported financial results for the three and nine months ended September 30, 2022.

“On November 2, 2022, Shenandoah Telecommunications Company (the “Company”) issued a press release announcing its financial position as of September 30, 2022, results of operations for the three and nine months ended September 30, 2022, and other related information.”
Governance Changes

SHENANDOAH TELECOMMUNICATIONS CO/VA/: Amended and restated Bylaws to incorporate universal proxy rule compliance requirements and other technical changes, effective October 25, 2022 (effective 2022-10-25).

“On October 25, 2022, the Board of Directors (the “Board”) of Shenandoah Telecommunications Company (the “Company”) amended and restated the Bylaws of the Company (as amended and restated, the “Bylaws”), effective as of the same date.”

Victor C. Barnes was elected as director at SHENANDOAH TELECOMMUNICATIONS CO/VA/.

“On February 22, 2022, the board of directors (the “Board”) of Shenandoah Telecommunications Company (the “Company”), elected Victor C. Barnes as a director with a term expiring at the Company’s annual meeting of shareholders in 2022.”

Dale Lam departed as Director at SHENANDOAH TELECOMMUNICATIONS CO/VA/.

“On January 25, 2022, Dale Lam, a member of the Board of Directors (the “Board”) of Shenandoah Telecommunications Company (the “Company”), informed the Company of his decision not to stand for re-election to the Board at the Company’s 2022 Annual Meeting of Shareholders to be held on April 19, 2022.”

Dennis A. Romps was appointed as principal accounting officer at SHENANDOAH TELECOMMUNICATIONS CO/VA/.

“On August 19, 2021, Dennis A. Romps was appointed principal accounting officer of Shenandoah Telecommunications Company (the “Company”).”

William L. Pirtle departed as Senior Vice President Sales at SHENANDOAH TELECOMMUNICATIONS CO/VA/.

“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.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.