Kevin Slane - 12 Mar 2025 Form 4 Insider Report for SANDY SPRING BANCORP INC

Role
EVP, Chief Risk Officer
Signature
/s/ Janet VA Replogle, attorney-in-fact for Mr. Slane
Issuer symbol
N/A
Transactions as of
12 Mar 2025
Net transactions value
-$13,523
Form type
4
Filing time
14 Mar 2025, 12:50:17 UTC
Previous filing
30 Dec 2024
Next filing
02 Apr 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Award $0 +1,391 +7.3% $0.000000 20,340 12 Mar 2025 Direct F1
transaction SASR Common Stock Tax liability $13,523 -473 -2.3% $28.59 19,867 12 Mar 2025 Direct F2
holding SASR Common Stock 2,970 12 Mar 2025 Direct F3
holding SASR Common Stock 2,238 12 Mar 2025 Direct F4
holding SASR Common Stock 4,397 12 Mar 2025 Direct F5
holding SASR Common Stock 2,699 12 Mar 2025 Direct F6
holding SASR Common Stock 711 12 Mar 2025 Direct F7
holding SASR Common Stock 5,036 12 Mar 2025 Direct F8
holding SASR Common Stock 3,479 12 Mar 2025 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 16, 2022, the reporting person was granted shares of restricted stock units subject to certain performance criteria to be achieved January 1, 2022 through December 31, 2024. The result of that award was determined and granted on March 12, 2025.
F2 Shares of vested restricted stock were withheld for tax obligations.
F3 Restricted stock granted on December 26, 2024 under the 2024 Equity Plan will vest on December 31, 2025.
F4 Restricted stock granted on December 26, 2024 under the 2024 Equity Plan will vest ratably on April 1, 2026, April 1, 2027, and April 1, 2028.
F5 Shares purchased through the Employee Stock Purchase Plan.
F6 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026.
F7 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.
F8 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2025, April 1, 2026, and April 1 2027.
F9 Restricted stock granted on December 26, 2024 under the 2024 Equity Plan will vest on December 31, 2026.