Daniel J. Schrider - Dec 26, 2024 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Role
President & CEO
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Schrider
Stock symbol
SASR
Transactions as of
Dec 26, 2024
Transactions value $
-$672,408
Form type
4
Date filed
12/30/2024, 03:46 PM
Previous filing
Nov 13, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Award $0 +13K $0.00 13K Dec 26, 2024 Direct F1
transaction SASR Common Stock Award $0 +20.5K $0.00 20.5K Dec 26, 2024 Direct F2
transaction SASR Common Stock Award $0 +15.7K $0.00 15.7K Dec 26, 2024 Direct F3
transaction SASR Common Stock Tax liability -$181K -5.24K -33.31% $34.58 10.5K Dec 26, 2024 Direct F4
transaction SASR Common Stock Tax liability -$341K -9.87K -48.18% $34.58 10.6K Dec 26, 2024 Direct F4
transaction SASR Common Stock Tax liability -$150K -4.33K -33.3% $34.58 8.68K Dec 26, 2024 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 26, 2024, a grant of restricted stock was awarded under 2024 Equity Plan. The award will vest ratably on April 1, 2026, April 1, 2027, and April 1, 2028.
F2 On December 26, 2024, shares of restricted stock were awarded under the 2024 Equity Plan. These shares will vest in their entirety on December 31, 2026.
F3 On December 26, 2024, shares of restricted stock were awarded under the 2024 Equity Plan. These shares will vest in their entirety on December 31, 2025.
F4 Shares of restricted stock were withheld to cover tax obligations under an 83b election filed by the insider.