Christy Lombardi - 27 Feb 2026 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role: EVP, Chief Human Resources Ofc
Signature: /s/ Christy Lombardi
Issuer symbol: SHBI
Transactions as of: 27 Feb 2026
Net transactions value: $0
Form type: 4
Filing time: 03 Mar 2026, 16:19:11 UTC
Previous filing: 19 Feb 2026
Next filing: 09 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Lombardi Christy	EVP, Chief Human Resources Ofc	18 E DOVER STREET, EASTON	/s/ Christy Lombardi	03 Mar 2026	0001632019

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHBI	Common Stock	Options Exercise		+1,432	+2.6%		56,652	27 Feb 2026	Direct	F1
transaction	SHBI	Common Stock	Tax liability	$0	-483	-0.85%	$0.000000	56,169	27 Feb 2026	Direct	F2, F3
holding	SHBI	Common Stock						6,555	27 Feb 2026	By IRA

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	-1,432	-12%	$0.000000	10,210	27 Feb 2026	Common Stock	1,432		Direct	F4, F5, F6

* 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	Shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of RSUs; no shares were sold by the reporting person.
F3	Includes 204 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of March 3, 2026.
F4	Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F5	These restricted stock units vested on February 27, 2026.
F6	The restricted stock units vest as follows: 340 units on March 6, 2026; 1,020 units on March 6, 2026; 1,325 units on March 7, 2026; 1,325 units on March 7, 2027; 1,432 units on February 27, 2027; 1,432 units on February 27, 2028; 1,112 units on February 17, 2027; 1,112 units on February 17, 2028; and 1,112 units on February 17, 2029.