Tay Talal 4

4 · SHORE BANCSHARES INC · Filed Mar 10, 2025

Form 4

Period: 2025-03-06

EVP, Chief Risk Officer

Transactions

Exercise/Conversion
Common Stock
2025-03-06+247→ 12,427 total
Exercise/Conversion
Common Stock
2025-03-07+1,196→ 13,623 total
Exercise/Conversion
Restricted Stock Units
2025-03-06−247→ 10,115 total
→ Common Stock (247 underlying)
Exercise/Conversion
Restricted Stock Units
2025-03-07−1,196→ 8,919 total
→ Common Stock (1,196 underlying)

Holdings

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.

Documents

3 files