Augustus John William III 4

What Happened
Augustus John William III, EVP and Deputy Chief Credit Officer of Shore Bancshares, was granted 2,700 restricted stock units (derivative award) on February 17, 2026. The grant is reported at $0.00 (no cash paid at grant). Each restricted stock unit (RSU) represents a contingent right to one share of SHBI common stock.

Key Details

• Transaction date: February 17, 2026; reported on Form 4 filed February 18, 2026 (timely filing).
• Grant: 2,700 RSUs reported at $0.00 (transaction code A — award/grant).
• Vesting: 2,700 RSUs vest in three installments — 900 RSUs on Feb 17, 2027; 900 on Feb 17, 2028; and 900 on Feb 17, 2029 (footnotes F4–F5).
• Other notes from the filing: an exempt acquisition via the Dividend Reinvestment Plan is referenced (F1), and the filing notes 713 shares acquired under the Employee Stock Purchase Plan as of Feb 18, 2026 (F2).
• Shares owned after the transaction are not listed explicitly in the transaction line of this filing; the award increases beneficial ownership on a contingent (vested) basis.

Context
RSU grants are compensation awards, not open-market purchases or sales. No shares were sold and no cash changed hands at grant; the award will convert to actual shares only as units vest (a taxable event for the insider when vesting occurs unless otherwise deferred). This is routine executive compensation reporting rather than a buy/sell signal.