Pierce Lacey Amanda 4

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.