Todd L. Capitani - 01 Jul 2025 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
EVP, Special Advisor to CEO
Signature
/s/ Christy Lombardi, Attorney in Fact for Todd L. Capitani
Issuer symbol
SHBI
Transactions as of
01 Jul 2025
Net transactions value
$0
Form type
4
Filing time
02 Jul 2025, 13:35:43 UTC
Previous filing
10 Mar 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Capitani Todd L EVP, Special Advisor to CEO 18 E DOVER STREET, EASTON /s/ Christy Lombardi, Attorney in Fact for Todd L. Capitani 02 Jul 2025 0001598179

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Options Exercise +5,364 +15% 40,617 01 Jul 2025 Direct F1, F2
holding SHBI Common Stock 3,285 01 Jul 2025 By Spouse 401(k)
holding SHBI Common Stock 5,033 01 Jul 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 -5,364 -38% $0.000000 8,771 01 Jul 2025 Common Stock 5,364 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 575 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of July 1, 2025.
F3 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F4 Restricted stock units vested July 1, 2025.
F5 The restricted stock units vest as follows: 342 units on March 6, 2026, 1,025 units on March 6, 2026, 1,380 units on March 7, 2026, 1,380 units on March 7, 2027, 1,548 units on February 27, 2026, 1,548 units on February 27, 2027 and 1,548 units on February 27, 2028.