Ruch, Jr. Charles E. 4
4 · SHORE BANCSHARES INC · Filed Mar 10, 2025
Insider Transaction Report
Form 4
Ruch, Jr. Charles E.
EVP, Chief Credit Officer
Transactions
- Exercise/Conversion
Common Stock
2025-03-07+1,104→ 5,217 total - Exercise/Conversion
Restricted Stock Units
2025-03-07−1,104→ 7,354 total→ Common Stock (1,104 underlying)
Footnotes (4)
- [F1]Restricted stock units convert into common stock on a one-for-one basis.
- [F2]Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
- [F3]Restricted stock units vested March 7, 2025.
- [F4]The restricted stock units vest as follows; 1,082 units on 7/1/2025; 1,104 units on March 7, 2026; 1,104 units on March 7, 2027; 1,354 units on February 27, 2026; 1,355 units on February 27, 2027 and 1,355 units on February 27, 2028.