Talal Tay - 06 Mar 2026 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
EVP, Chief Risk Officer
Signature
/s/ Christy Lombardi, Attorney in Fact for Talal Tay
Issuer symbol
SHBI
Transactions as of
06 Mar 2026
Net transactions value
$0
Form type
4
Filing time
09 Mar 2026, 13:22:18 UTC
Previous filing
03 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Tay Talal EVP, Chief Risk Officer 18 E DOVER STREET, EASTON /s/ Christy Lombardi, Attorney in Fact for Talal Tay 09 Mar 2026 0001804085

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Options Exercise +994 +6.5% 16,191 06 Mar 2026 Direct F1
transaction SHBI Common Stock Options Exercise +1,196 +7.4% 17,387 07 Mar 2026 Direct F1
transaction SHBI Common Stock Tax liability -324 -1.9% $0.000000* 17,063 06 Mar 2026 Direct F2
transaction SHBI Common Stock Tax liability -380 -2.2% $0.000000* 16,683 07 Mar 2026 Direct F2, F3

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 -994 -11% $0.000000* 8,428 06 Mar 2026 Common Stock 994 Direct F4, F5
transaction SHBI Restricted Stock Units Options Exercise -1,196 -14% $0.000000* 7,232 07 Mar 2026 Common Stock 1,196 Direct F4, F6, F7
* 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 1,969 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of March 9, 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 March 6, 2026.
F6 These restricted stock units vested on March 7, 2026.
F7 The restricted stock units vest as follows: 1,196 units on March 7, 2027; 1,393 units on February 27, 2027; 1,394 units on February 27, 2028; 1,083 units on February 17, 2027; 1,083 units on February 17, 2028; and 1,083 units on February 17, 2029.