STEVENS DONNA J. 4

What Happened

• Donna J. Stevens, Chief Operating Officer of Shore Bancshares, had 1,362 restricted stock units (RSUs) vest and convert into common shares on March 7, 2026. Of those shares, 478 were withheld to satisfy tax withholding, leaving a net issuance of 884 shares to her. The filing reports $0.00 prices because these were RSU conversions rather than open-market trades.

Key Details

• Transaction date: March 7, 2026 (RSU vesting and conversion).
• Transaction types/codes: M (conversion/exercise of derivative — RSU conversion); F (tax withholding via share surrender).
• Prices reported: $0.00 / N/A — conversion of RSUs, not a cash purchase or sale.
• Net shares issued to Stevens from this vesting: 1,362 gross → 478 withheld for taxes → 884 net shares.
• Holdings context: filing notes include 1,762 shares acquired under the company’s Employee Stock Purchase Plan as of March 9, 2026.
• Footnotes: RSUs convert one-for-one into common stock and the restricted stock units vested on March 7, 2026; shares were withheld to cover tax withholding and were not sold by the reporting person.
• Filing timeliness: no late-filing indication in the information provided.

Context

• RSU vesting is an award being converted to stock, not an open-market buy or sell; withholding shares to cover taxes is a routine administrative action and does not necessarily signal a change in insider sentiment.