Michael Brian Adams - May 30, 2024 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
Director
Signature
/s/ Christy Lombardi, Attorney in Fact for Michael Brian Adams
Stock symbol
SHBI
Transactions as of
May 30, 2024
Transactions value $
$36,994
Form type
4
Date filed
6/3/2024, 01:05 PM
Previous filing
Feb 22, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Award $37K +3.31K +10.72% $11.19 34.2K May 30, 2024 Direct F1, F2
holding SHBI Common Stock 7.95K May 30, 2024 By Roth IRA F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents restricted stock that vests on May 30, 2025, the first anniversary of the date of the award.
F2 The amount held reflects an increase in beneficial ownership resulting from an exempt acquisition of common stock under the Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11.
F3 Reflects an increase in beneficial ownership resulting from an exempt acquisition of common stock under Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11.