Barclays reports 2.05M-share stake in Shenandoah (NYSE: SHEN) — 3.70%

Rhea-AI Filing Summary

Barclays PLC filed Amendment No. 1 to a Schedule 13G/A reporting beneficial ownership of 2,048,706 shares of Shenandoah Telecommunication, representing 3.70% of the class as of 03/31/2026.

The amendment names Barclays Bank PLC, Barclays Capital Inc. and Barclays Capital Securities Ltd. as relevant subsidiaries and shows Barclays has sole voting and dispositive power over the reported shares. The filing is signed on 05/14/2026.

Insights

Institutional Ownership Analyst

Barclays reports a passive 3.70% stake in Shenandoah as of 03/31/2026.

The filing is an amended Schedule 13G/A showing 2,048,706 shares beneficially owned with sole voting and dispositive power. The amendment lists specific Barclays subsidiaries as the acquiring entities.

Cash‑flow treatment and intent (passive vs. active) are not stated; subsequent filings would clarify any change in ownership strategy.

Corporate Governance Specialist

Disclosure clarifies which Barclays entities hold the position and documents voting/dispositive authority.

The amendment enumerates sole voting power and sole dispositive power of 2,048,706 shares, and refers to Barclays Bank PLC, Barclays Capital Inc., and Barclays Capital Securities Ltd. as relevant subsidiaries.

This is a regulatory ownership disclosure; it does not by itself indicate transactions or corporate actions.

Key Figures

Beneficially owned shares: 2,048,706 shares Percent of class: 3.70% Reporting date: 03/31/2026 +1 more

4 metrics

Beneficially owned shares 2,048,706 shares Amount beneficially owned reported in Item 4

Percent of class 3.70% Percent of class reported in Item 4

Reporting date 03/31/2026 Header date associated with the filing

Signature date 05/14/2026 Date the amendment was signed by the reporting person

Key Terms

Schedule 13G/A, Beneficially owned, Sole Dispositive Power, Sole Voting Power

4 terms

Schedule 13G/A regulatory

"Amendment No. 1 to a Schedule 13G/A reporting beneficial ownership"

A Schedule 13G/A is an amended public filing with the U.S. securities regulator that updates a previous Schedule 13G, disclosing when an individual or group holds a substantial (typically over 5%) stake in a company and is claiming a passive, non‑controlling intent. Investors monitor these updates because rising or falling holdings can signal changing confidence, potential future moves, or shifts in voting power — like watching a public ledger where large shareholders quietly adjust their positions.

Beneficially owned financial

"Item 4. (a) Amount beneficially owned: 2048706"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Sole Dispositive Power regulatory

"Item 4. (iii) Sole power to dispose or to direct the disposition of: 2048706"

Sole dispositive power is the exclusive legal authority to decide what happens to a security — for example, whether to sell, transfer, or retain shares — without needing anyone else’s permission. Investors care because it signals who truly controls the economic outcome of an investment: like holding the only key to a safe, the holder can realize gains or losses and may trigger regulatory reporting, insider rules, or influence over corporate ownership.

Sole Voting Power regulatory

"Item 4. (i) Sole power to vote or to direct the vote: 2048706"

Sole voting power is the exclusive right to cast votes attached to a shareholder’s stock without needing approval from anyone else. Like holding the only remote control for a TV, it lets that holder decide corporate matters such as board members, mergers, and policy changes, making it important to investors because it concentrates control and can strongly influence a company’s strategy and the value of its shares.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

SHENANDOAH TELECOMMUNICATION

(Name of Issuer)

COMMON-STOCK

(Title of Class of Securities)

82312B106

(CUSIP Number)

03/31/2026

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

schemaVersion:

SCHEDULE 13G

CUSIP Number(s): 82312B106

1

Names of Reporting Persons

Barclays PLC

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED KINGDOM

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,048,706.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,048,706.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,048,706.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

3.70 %

12

Type of Reporting Person (See Instructions)

HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: SHENANDOAH TELECOMMUNICATION
(b)	Address of issuer's principal executive offices: 500 Shentel Way
Item 2.
(a)	Name of person filing: Barclays PLC
(b)	Address or principal business office or, if none, residence: 1 Churchill Place, London - E14 5HP
(c)	Citizenship: X0
(d)	Title of class of securities: COMMON-STOCK
(e)	CUSIP No.: 82312B106
Item 4.	Ownership
(a)	Amount beneficially owned: 2048706
(b)	Percent of class: 3.70 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2048706
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2048706
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Ownership of 5 percent or less of a class
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. Barclays Bank PLC, Barclays Capital Inc, Barclays Capital Securities Ltd
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Barclays PLC

Signature:	Ramya Rao
Name/Title:	Director
Date:	05/14/2026

FAQ

What stake does Barclays report in SHEN?

Barclays reports beneficial ownership of 2,048,706 shares, equal to 3.70% of Shenandoah Telecommunication. The figure is presented in the amended Schedule 13G/A and tied to 03/31/2026 in the filing.

Which Barclays entities are named in the Schedule 13G/A for SHEN?

The filing lists Barclays Bank PLC, Barclays Capital Inc. and Barclays Capital Securities Ltd. as the relevant subsidiaries. These names appear in the Item 7 exhibit language attached to the amendment.

Does the filing indicate Barclays controls voting of the SHEN shares?

Yes. The amendment states Barclays has sole voting power and sole dispositive power over 2,048,706 shares, as shown in Item 4 of the Schedule 13G/A.

When was the Schedule 13G/A amendment signed for SHEN?

The amendment bears a signature dated 05/14/2026. The ownership amount is associated with 03/31/2026 per the filing header.