Kaslow Aaron Michael 4

What Happened

• Aaron Michael Kaslow, EVP and Chief Legal Officer of Shore Bancshares (SHBI), received a grant of 3,606 restricted stock units (RSUs) on February 17, 2026. The award is reported as a derivative grant at $0 per unit (no cash paid at grant). This is a compensation award, not an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-17; filing date: 2026-02-19 (filed within the standard two-business-day window).
• Transaction type/code: A — grant/award of derivative securities (restricted stock units).
• Amount granted: 3,606 RSUs; price reported: $0.00 (no cash exchanged).
• Shares owned after transaction: Not disclosed on this Form 4.
• Footnotes from the filing:
  • F1: Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
  • F2: The RSUs referenced vest in three installments beginning Feb 17, 2027 (first anniversary).
  • F3: The filing also lists a specific vesting schedule with vesting on Nov 19, 2026/2027/2028 and Feb 17, 2027/2028/2029 — see the Form 4 for exact breakdown.
• Filing timeliness: Timely (no late-filing indication).

Context

• This was an RSU compensation award (derivative grant). RSUs convert to shares only when they vest, so this grant does not represent immediate buying or selling pressure. For investors, awards show how executives are being compensated but do not necessarily signal near-term insider buying/selling. Check future Form 4s for any subsequent vesting or sale events.