| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| STEVENS DONNA J. | EVP, Chief Operating Officer | 18 E DOVER STREET, EASTON | /s/ Christy Lombardi, Attorney in Fact for Donna J. Stevens | 02 Jul 2025 | 0001647192 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | SHBI | Common Stock | Options Exercise | +1,971 | +10% | 20,875 | 01 Jul 2025 | Direct | F1, F2, F3 | ||
| holding | SHBI | Common Stock | 1,842 | 01 Jul 2025 | By IRA | F3 | |||||
| holding | SHBI | Common Stock | 60 | 01 Jul 2025 | By Children |
| 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 | -1,971 | -22% | $0.000000 | 7,136 | 01 Jul 2025 | Common Stock | 1,971 | Direct | F4, F5, F6 |
| Id | Content |
|---|---|
| F1 | Restricted stock units convert into common stock on a one-for-one basis. |
| F2 | Includes 1.599 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of July 1, 2025. |
| 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. |
| F4 | Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. |
| F5 | Restricted stock units vested July 1, 2025. |
| F6 | The restricted stock units vest as follows: 1,362 units on March 7, 2026, 1,362 units on March 7, 2027, 1,470 units on February 27, 2026, 1,471 units on February 27, 2027 and 1,471 units on February 27, 2028. |