Tay Talal 4
4 · SHORE BANCSHARES INC · Filed Feb 12, 2025
Insider Transaction Report
Form 4
Tay Talal
EVP, Chief Risk Officer
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-02-10−235→ 6,888 total→ Common Stock (235 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-10−706→ 6,182 total→ Common Stock (706 underlying) - Exercise/Conversion
Common Stock
2025-02-10+235→ 11,393 total - Exercise/Conversion
Common Stock
2025-02-10+706→ 12,099 total
Holdings
- 1,004(indirect: By ESOP)
Common Stock
Footnotes (6)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Includes 1,956 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 10, 2025.
- [F3]The amount held reflects an increase in beneficial ownership resulting from an exempt acquisition of common stock under the Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11.
- [F4]Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
- [F5]Restricted stock units vested February 10, 2025
- [F6]The restricted stock units vest as follows: 247 units on March 6, 2025, 249 units on March 6, 2026, 745 units on March 6, 2026, 1,353 units on July 1, 2025, 1,196 units on March 7, 2025, 1,196 units on March 7, 2026, and 1,196 units on March 7, 2027.