R. Louis Caceres - 12 Mar 2025 Form 4 Insider Report for SANDY SPRING BANCORP INC

Role
EVP, Chief Wealth Officer
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Caceres
Issuer symbol
N/A
Transactions as of
12 Mar 2025
Net transactions value
-$19,613
Form type
4
Filing time
14 Mar 2025, 10:02:46 UTC
Previous filing
30 Dec 2024
Next filing
02 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Award $0 +2,057 +4% $0.000000 53,665 12 Mar 2025 Direct F1
transaction SASR Common Stock Tax liability $19,613 -686 -1.3% $28.59 52,979 12 Mar 2025 Direct F2
holding SASR Common Stock 3,986 12 Mar 2025 Direct F3
holding SASR Common Stock 2,978 12 Mar 2025 Direct F4
holding SASR Common Stock 6,528 12 Mar 2025 Direct F5
holding SASR Common Stock 4,669 12 Mar 2025 Direct F6
holding SASR Common Stock 3,500 12 Mar 2025 Direct F7
holding SASR Common Stock 1,014 12 Mar 2025 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 16, 2022, reporting insider was granted shares of restricted stock units subject to certain performance criteria to be achieved January 1, 2022 through December 31, 2024. The result of that award was determined and granted on March 12, 2025.
F2 Shares of vested restricted stock were withheld for tax obligations.
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 On December 26, 2024, a grant of restricted stock was awarded under the 2024 Equity Plan. The award will best ratably on April 1, 2026, April 1, 2027, and April 1, 2028.
F5 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2025, April 1, 2026, and April 1 2027.
F6 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.
F7 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026.
F8 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.