Lacey A. Pierce - 06 Mar 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
06 Mar 2026
Net transactions value
$0
Form type
4
Filing time
09 Mar 2026, 13:14:05 UTC
Previous 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 09 Mar 2026 0001804075

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Options Exercise +984 +2.6% 38,429 06 Mar 2026 Direct F1
transaction SHBI Common Stock Options Exercise +965 +2.5% 39,394 07 Mar 2026 Direct F1
transaction SHBI Common Stock Tax liability -350 -0.89% $0.000000* 39,044 06 Mar 2026 Direct F2
transaction SHBI Common Stock Tax liability -335 -0.86% $0.000000* 38,709 07 Mar 2026 Direct F2, F3, F4
holding SHBI Common Stock 3,963 06 Mar 2026 By IRA
holding SHBI Common Stock 24,784 06 Mar 2026 By Spouse F5
holding SHBI Common Stock 4,919 06 Mar 2026 By Spouse 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 -984 -12% $0.000000* 7,465 06 Mar 2026 Common Stock 984 Direct F6, F7
transaction SHBI Restricted Stock Units Options Exercise -965 -13% $0.000000* 6,500 07 Mar 2026 Common Stock 965 Direct F6, F8, F9
* 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 23,281 shares held jointly with spouse.
F4 Includes 1,270 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of March 9, 2026.
F5 Includes 1,270 shares Mr. Pierce acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of March 9, 2026.
F6 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F7 These restricted stock units vested on March 6, 2026.
F8 These restricted stock units vested on March 7, 2026.
F9 The restricted stock units vest as follows; 966 units on March 7, 2027; 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.