Brian Scot Ebron - 10 Feb 2025 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
EVP, Chief Banking Officer
Signature
/s/ Christy Lombardi, Attorney in Fact for Brian Scot Ebron
Issuer symbol
SHBI
Transactions as of
10 Feb 2025
Net transactions value
$0
Form type
4
Filing time
12 Feb 2025, 17:31:40 UTC
Previous filing
02 Jul 2024
Next filing
03 Mar 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Options Exercise +272 +1.5% 18,313 10 Feb 2025 Direct F1, F2
transaction SHBI Common Stock Options Exercise +815 +4.5% 19,128 10 Feb 2025 Direct F1, F2
holding SHBI Common Stock 36,148 10 Feb 2025 By IRA
holding SHBI Common Stock 819 10 Feb 2025 By ESOP

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SHBI Restricted Stock Units Options Exercise $0 -272 -3.2% $0.000000 8,173 10 Feb 2025 Common Stock 272 Direct F3, F4, F5
transaction SHBI Restricted Stock Units Options Exercise $0 -815 -10% $0.000000 7,358 10 Feb 2025 Common Stock 815 Direct F3, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Includes 1,089 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 10, 2025.
F3 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F4 Restricted stock units vested February 10, 2025
F5 The restricted stock units vest as follows: 298 units on March 6, 2025, 298 units on March 6, 2026, 894 units on March 6, 2026, 1,562 units on July 1, 2025, 1,435 units on March 7, 2025, 1,435 units on March 7, 2026, and 1,436 units on March 7, 2027.