Home/Filings/4/0001628280-25-011529
4//SEC Filing

Tay Talal 4

Accession 0001628280-25-011529

CIK 0001035092other

Filed

Mar 9, 8:00 PM ET

Accepted

Mar 10, 11:58 AM ET

Size

340.8 KB

Accession

0001628280-25-011529

Insider Transaction Report

Form 4
Period: 2025-03-06
Tay Talal
EVP, Chief Risk Officer
Transactions
  • Exercise/Conversion

    Common Stock

    2025-03-06+24712,427 total
  • Exercise/Conversion

    Common Stock

    2025-03-07+1,19613,623 total
  • Exercise/Conversion

    Restricted Stock Units

    2025-03-0624710,115 total
    Common Stock (247 underlying)
  • Exercise/Conversion

    Restricted Stock Units

    2025-03-071,1968,919 total
    Common Stock (1,196 underlying)
Holdings
  • Common Stock

    (indirect: By ESOP)
    1,004
Footnotes (8)
  • [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 March 7, 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 March 6, 2025.
  • [F6]The restricted stock units vest as follows: 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, 1,196 units on March 7, 2027, 1,393 units on February 27, 2026, 1,393 units on February 27, 2027 and 1,394 units on February 27, 2028.
  • [F7]Restricted stock units vested March 7, 2025.
  • [F8]The restricted stock units vest as follows: 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, 2026, 1,196 units on March 7, 2027, 1,393 units on February 27, 2026, 1,393 units on February 27, 2027 and 1,394 units on February 27, 2028.

Issuer

SHORE BANCSHARES INC

CIK 0001035092

Entity typeother

Related Parties

1
  • filerCIK 0001804085

Filing Metadata

Form type
4
Filed
Mar 9, 8:00 PM ET
Accepted
Mar 10, 11:58 AM ET
Size
340.8 KB