Pierce Lacey Amanda 4/A

What Happened

• Pierce Lacey Amanda, Chief Strategy & Project Officer of Shore Bancshares, was granted 936 restricted stock units (RSUs) on February 27, 2025. The award is recorded as a derivative grant (transaction code A) at $0.00 per unit (no immediate cash paid). This Form 4/A amends a prior filing to correct an understatement of 936 RSUs; the amendment reports only the incremental correction.

Key Details

• Transaction date: 2025-02-27; reported in this amendment filed 2026-02-12.
• Transaction type/code: Award/Grant (A); reported acquisition price $0.00 (derivative RSUs).
• Shares owned after transaction: not specified in this filing.
• Vesting/other notes:
  • F1: Each RSU represents a contingent right to receive one share of SBHI common stock upon vesting.
  • F2: RSUs generally vest in 3 annual installments beginning February 27, 2026.
  • F3: Filing includes a detailed vesting breakdown by tranche and date (see filed footnote for specific unit counts and dates).
  • F4: This amendment corrects the original Form 4 that understated the grant by 936 RSUs; only the incremental 936 RSUs are reported here.
• Timeliness: This is an amended (corrective) filing submitted nearly a year after the reported grant date; it corrects the previously underreported amount.

Context

• RSU grants are derivative awards that convert to common shares only if and when they vest; they are not an immediate purchase and do not signal an immediate open-market investment. This filing corrects the record rather than indicating new cash buying or selling.