SLATER A JOSEPH JR 4

What Happened
Slater A. Joseph Jr., a director of Shore Bancshares, sold 1,802 common shares in an open-market transaction on March 2, 2026. The weighted-average sale price was $18.78 per share, for total proceeds of about $33,842. This was a sale (S), not a purchase or award.

Key Details

• Transaction date: 2026-03-02 (reported on Form 4 filed 2026-03-03) — filed promptly next day.
• Shares sold: 1,802; weighted-average price: $18.78; total value ≈ $33,842.
• Price range: shares were sold in multiple transactions at prices between $18.77 and $18.79 (footnote discloses weighted average; detailed breakdown available on request).
• Shares owned after transaction: Not specified in the information provided on this filing.
• Transaction code: S = Sale (open-market/private sale). No 10b5-1 plan, tax withholding, or other special conditions disclosed in this filing.

Context
Sales by directors are often routine (liquidity or portfolio management) and do not necessarily signal a change in company prospects. Purchases generally carry more weight for investors seeking insider confidence, while isolated sales should be interpreted with caution unless part of a larger pattern or accompanied by other material information.