Lacey A. Pierce - 17 Feb 2026 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role: Chief Strategy&ProjectOfficer
Signature: /s/ Christy Lombardi, Attorney in Fact for Lacey A. Pierce
Issuer symbol: SHBI
Transactions as of: 17 Feb 2026
Net transactions value: $0
Form type: 4
Filing time: 19 Feb 2026, 10:50:01 UTC
Previous filing: 02 Jul 2025
Next filing: 03 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Pierce Lacey Amanda	Chief Strategy&ProjectOfficer	18 E DOVER ST, EASTON	/s/ Christy Lombardi, Attorney in Fact for Lacey A. Pierce	19 Feb 2026	0001804075

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	SHBI	Common Stock						36,592	17 Feb 2026	Direct	F1, F2, F3
holding	SHBI	Common Stock						21,748	17 Feb 2026	By Spouse	F1, F4
holding	SHBI	Common Stock						3,963	17 Feb 2026	By IRA	F5
holding	SHBI	Common Stock						4,919	17 Feb 2026	By Spouse IRA	F5

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	Award	$0	+2,979	+44%	$0.000000	9,726	17 Feb 2026	Common Stock	2,979		Direct	F6, F7, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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.
F2	Includes 1,270 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026.
F3	Includes 23,281 shares held jointly with spouse.
F4	Includes 1,270 shares Mr. Pierce acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026.
F5	IRA holdings reflects transfer of shares from the issuers ESOP following its termination.
F6	Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F7	Represents restricted stock units that vest in 3 installments beginning on February 17, 2027, the first anniversary of the date of the award.
F8	The restricted stock units vest as follows; 984 units on March 6, 2026; 965 units on March 7, 2026, 966 units on March 7, 2027, 1,277 units on February 27, 2026, 1,277 units on February 27, 2027, 1,278 units on February 27, 2028, 993 units on February 17, 2027, 993 units on February 17, 2028 and 993 units on February 17, 2029.