Shore Bancshares Director John Lamon Buys 300 Shares

What Happened
John Lamon, a director of Shore Bancshares, bought 300 shares of SHBI on August 3, 2026 at $24.57 per share, for a total purchase of $7,371. The transaction is reported as a purchase (code P), an open-market or private purchase, which is a straightforward insider buy (often seen as a more informative signal than routine sales).

Key Details

• Transaction date and price: 2026-08-03, 300 shares at $24.57 per share (total $7,371).
• Filing date: Form 4 filed 2026-08-05 (appears timely; Form 4 is normally due within two business days).
• Ownership reported: filing notes at least 56,065 shares owned jointly with the reporting person's spouse; the 300-share purchase increases his reported beneficial holdings.
• Restricted stock units: Footnotes state each RSU converts to one share, with 1,855 RSUs vesting on May 21, 2027.
• Transaction code: P (purchase). No 10b5-1 plan, tax-withholding sale, or late-filing indication is noted in the footnotes.

Context
This was a direct purchase by a company director (not a sale or option exercise). RSUs referenced are contingent rights to receive shares upon vesting (May 21, 2027 for the noted RSUs). Purchases by directors can be interpreted by investors as a direct personal investment in the company, but this report is factual only and does not indicate the director’s motives.