Ebron Brian Scot 4

What Happened
Brian Ebron, EVP and Chief Banking Officer of Shore Bancshares, was granted 4,983 restricted stock units (RSUs) on February 17, 2026. The award is recorded as an acquisition (Form 4 code “A”) at a $0.00 per-share price (a compensation award/derivative grant), so no cash was paid.

Key Details

• Transaction date: February 17, 2026; Form 4 filed February 19, 2026 (appears timely).
• Award: 4,983 RSUs (each RSU is a contingent right to one share of SHBI common stock; footnote F3).
• Price/value: $0.00 per unit at grant (compensation award).
• Vesting: Footnote F4 notes vesting in 3 installments beginning Feb 17, 2027; footnote F5 provides a detailed schedule with units vesting on several dates between Feb–Mar 2026 and through Feb 17, 2029 (specific amounts listed in the filing).
• Other footnotes: F1 notes 2,116 shares were acquired under the company ESPP as of Feb 19, 2026; F2 notes an IRA holding increase due to ESOP termination.
• Shares owned after transaction: total post-award holdings are not specified in the excerpt of this filing.

Context
This was a compensation grant (RSUs), not an open-market purchase or sale. RSUs are a promise of future shares if vesting conditions are met—they do not necessarily indicate immediate buying or selling intent by the insider. Vesting dates determine when the RSUs can convert to actual shares (and potentially be sold), and such awards can dilute existing shareholders when converted.