Burke James M 4

What Happened

• James M. Burke, President & CEO and Director of SHORE BANCSHARES, was granted 13,532 restricted stock units (RSUs) on February 17, 2026. The reported acquisition price is $0.00 (award/compensation); the entry is recorded as a derivative award (code A).
• These RSUs are not immediate shares — they represent contingent rights to receive SHBI common stock upon vesting. No cash was paid by the insider for this award.

Key Details

• Transaction date: 2026-02-17; Filing date: 2026-02-18 (timely filing).
• Price: $0.00 per unit (award); total reported cash consideration $0.
• Shares owned after transaction: Not disclosed in the provided excerpt of the filing.
• Footnotes: Each RSU equals the contingent right to one share. The award vests in multiple installments over future dates (footnotes list vesting dates across 2026–2029 and note installments beginning on the first anniversary for some portions). See the filing for the full, detailed vesting schedule.
• Transaction code: A = Award/Grant (derivative RSUs).
• This is a compensation award, not an open-market purchase or sale.

Context

• RSUs are a form of deferred compensation: they become actual shares only if and when they vest under the stated schedule. Because this is a grant, it does not by itself indicate buying or selling sentiment by the insider.
• Investors tracking insider activity typically treat awarded RSUs as routine executive compensation; purchases/sales can be more directly informative about an insider's market view.