Burke James M 4
4 · SHORE BANCSHARES INC · Filed Mar 10, 2025
Insider Transaction Report
Form 4
Burke James M
DirectorPresident & CEO
Transactions
- Exercise/Conversion
Restricted Stock Units
2025-03-07−4,679→ 39,741 total→ Common Stock (4,679 underlying) - Exercise/Conversion
Common Stock
2025-03-07+4,679→ 77,182 total - Exercise/Conversion
Common Stock
2025-03-06+1,564→ 72,503 total - Exercise/Conversion
Restricted Stock Units
2025-03-06−1,564→ 44,420 total→ Common Stock (1,564 underlying)
Holdings
- 2,374(indirect: By IRA)
Common Stock
- 5,708(indirect: By ESOP)
Common Stock
Footnotes (6)
- [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 6, 2025.
- [F4]The restricted stock units vest as follows: 4,679 units on March 7, 2025, 1,565 on March 6, 2026, 4,695 on March 6, 2026, 6,705 units on July 1, 2025, 4,679 units on March 7, 2026, 4,679 units on March 7, 2027, 5,806 units on February 27, 2026, 5,806 units on February 27, 2027 and 5,806 units on February 27, 2028.
- [F5]Restricted stock units vested March 7, 2025.
- [F6]The restricted stock units vest as follows: 1,565 on March 6, 2026, 4,695 on March 6, 2026, 6,705 units on July 1, 2025, 4,679 units on March 7, 2026, 4,679 units on March 7, 2027, 5,806 units on February 27, 2026, 5,806 units on February 27, 2027 and 5,806 units on February 27, 2028.