Augustus John William III 4/A

What Happened

• Augustus John William III, EVP and Deputy Chief Credit Officer of Shore Bancshares (SHBI), received a grant of 5,288 restricted stock units (RSUs) on February 17, 2026. The award is reported as a derivative grant at $0.00 per unit (no cash exchanged at grant).

Key Details

• Transaction date and price: February 17, 2026; 5,288 RSUs; $0.00 per unit (derivative award).
• Shares owned after transaction: not disclosed in this Form 4/A.
• Vesting: RSUs vest in three installments beginning February 17, 2027 — 1,762 units on 2/17/2027; 1,763 units on 2/17/2028; and 1,763 units on 2/17/2029.
• Amendment: This is a corrected Form 4/A — the original filing mistakenly reported 2,700 RSUs; this amendment updates the grant to 5,288 RSUs.
• Footnote: Each RSU is a contingent right to receive one share of SHBI common stock upon vesting.

Context

• RSUs are a form of equity compensation; they do not represent current share ownership until they vest and are settled (typically converted to shares). No shares were sold or purchased in this transaction — it is a compensation grant.