Tay Talal 4
4 · SHORE BANCSHARES INC · Filed Jul 2, 2025
Insider Transaction Report
Form 4
Tay Talal
EVP, Chief Risk Officer
Transactions
- Exercise/Conversion
Common Stock
2025-07-01+1,353→ 15,074 total - Exercise/Conversion
Restricted Stock Units
2025-07-01−1,353→ 7,566 total→ Common Stock (1,353 underlying)
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 July 1, 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 July 1, 2025.
- [F6]The restricted stock units vest as follows: 249 units on March 6, 2026, 745 units on March 6, 2026, 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.