William E. Esham III - 27 Feb 2023 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role: Director
Signature: /s/ Vance Adkins/POA
Issuer symbol: SHBI
Transactions as of: 27 Feb 2023
Net transactions value: +$24,061
Form type: 4
Filing time: 28 Feb 2023, 15:16:15 UTC
Previous filing: 31 Aug 2022
Next filing: 03 Jun 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHBI	Common Stock	Purchase	$24,061	+1,403	+22%	$17.15	7,880	27 Feb 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $17.12 to $17.16, inclusive. The reporting person undertakes to provide Shore Bancshares Inc., any security holder of Shore Bancshares Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.
F2	Includes 0.9254 shares acquired through the Company's Dividend Reinvestment Plan.

Content

The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $17.12 to $17.16, inclusive. The reporting person undertakes to provide Shore Bancshares Inc., any security holder of Shore Bancshares Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth above.

Includes 0.9254 shares acquired through the Company's Dividend Reinvestment Plan.