SHORE BANCSHARES INC·4

Feb 19, 10:50 AM ET

Pierce Lacey Amanda 4

4 · SHORE BANCSHARES INC · Filed Feb 19, 2026

Research Summary

AI-generated summary of this filing

Updated

Shore Bancshares (SHBI) CSO Amanda Pierce Receives 2,979 Shares

What Happened

  • Pierce Lacey Amanda, Chief Strategy & Project Officer of Shore Bancshares, acquired 2,979 shares on February 17, 2026. The shares were reported at $0.00 per share (no cash paid) and are recorded as an exempt acquisition under the company’s Dividend Reinvestment Plan (Rule 16a-11).

Key Details

  • Transaction date: 2026-02-17; Report filed: 2026-02-19 (filed within the typical two-business-day Section 16 reporting window).
  • Price: $0.00 per share (no cash paid); Transaction code: A (award/acquisition).
  • Nature: Exempt acquisition under Shore Bancshares Dividend Reinvestment Plan (see footnote F1).
  • Post-transaction holdings: The excerpt does not state a single total after the transaction. The filing notes other holdings and components, including:
    • 1,270 shares acquired under the Employee Stock Purchase Plan (F2/F4).
    • 23,281 shares held jointly with spouse (F3).
    • IRA holdings from terminated ESOP (F5).
    • Restricted stock units (RSUs) that represent contingent rights to receive shares and have scheduled vesting (F6–F8).
  • No indication in the provided excerpt that this filing was late.

Context

  • This transaction is an acquisition via dividend reinvestment (automatic use of dividends to buy shares), which increases beneficial ownership but does not involve an open-market purchase.
  • Separate RSU-related footnotes indicate the insider also holds contingent awards with specific vesting schedules; RSUs are rights to receive shares in the future if vesting conditions are met.
  • As with all Form 4s, the transaction is a factual disclosure of ownership change and does not by itself reveal the insider’s motivations.

Insider Transaction Report

Form 4
Period: 2026-02-17
Pierce Lacey Amanda
Chief Strategy&ProjectOfficer
Transactions
  • Award

    Restricted Stock Units

    [F6][F7][F8]
    2026-02-17+2,9799,726 total
    Common Stock (2,979 underlying)
Holdings
  • Common Stock

    [F1][F2][F3]
    36,592
  • Common Stock

    [F1][F4]
    (indirect: By Spouse)
    21,748
  • Common Stock

    [F5]
    (indirect: By IRA)
    3,963
  • Common Stock

    [F5]
    (indirect: By Spouse)
    4,919
Footnotes (8)
  • [F1]Reflects an increase in beneficial ownership resulting from an exempt acquisition of common stock under Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11.
  • [F2]Includes 1,270 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026.
  • [F3]Includes 23,281 shares held jointly with spouse.
  • [F4]Includes 1,270 shares Mr. Pierce acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026.
  • [F5]IRA holdings reflects transfer of shares from the issuers ESOP following its termination.
  • [F6]Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
  • [F7]Represents restricted stock units that vest in 3 installments beginning on February 17, 2027, the first anniversary of the date of the award.
  • [F8]The restricted stock units vest as follows; 984 units on March 6, 2026; 965 units on March 7, 2026, 966 units on March 7, 2027, 1,277 units on February 27, 2026, 1,277 units on February 27, 2027, 1,278 units on February 27, 2028, 993 units on February 17, 2027, 993 units on February 17, 2028 and 993 units on February 17, 2029.
Signature
/s/ Christy Lombardi, Attorney in Fact for Lacey A. Pierce|2026-02-19

Documents

3 files
  • 4
    wk-form4_1771516198.xmlPrimary

    FORM 4

  • EX-24
  • GRAPHIC
    shbipoalpierce001.jpg

    GRAPHIC