Jr. Charles E. Ruch - 01 Jul 2025 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
EVP, Chief Credit Officer
Signature
/s/ Christy Lombardi, Attorney in Fact for Charles E. Ruch, Jr.
Issuer symbol
SHBI
Transactions as of
01 Jul 2025
Net transactions value
$0
Form type
4
Filing time
02 Jul 2025, 13:46:29 UTC
Previous filing
10 Mar 2025
Next filing
03 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ruch, Jr. Charles E. EVP, Chief Credit Officer 18 E DOVER STREET, EASTON /s/ Christy Lombardi, Attorney in Fact for Charles E. Ruch, Jr. 02 Jul 2025 0001767755

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Options Exercise +1,082 +21% 6,299 01 Jul 2025 Direct F1

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 -1,082 -15% $0.000000 6,272 01 Jul 2025 Common Stock 1,082 Direct F2, F3, F4
* 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 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F3 Restricted stock units vested July 1, 2025.
F4 The restricted stock units vest as follows; 1,104 units on March 7, 2026; 1,104 units on March 7, 2027, 1,354 units on February 27, 2026, 1,355 units on February 27, 2027 and 1,355 units on February 27, 2028.