Virginia M. Anderson - 06 Mar 2026 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role: EVP Chief Internal Audit Off.
Signature: /s/ Christy Lombardi, Attorney in Fact for Virginia M. Anderson
Issuer symbol: SHBI
Transactions as of: 06 Mar 2026
Net transactions value: $0
Form type: 4
Filing time: 09 Mar 2026, 12:49:43 UTC
Previous filing: 03 Mar 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Anderson Virginia Marie	EVP Chief Internal Audit Off.	18 E DOVER ST, EASTON	/s/ Christy Lombardi, Attorney in Fact for Virginia M. Anderson	09 Mar 2026	0002051095

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SHBI	Common Stock	Options Exercise		+142	+11%		1,480	06 Mar 2026	Direct	F1
transaction	SHBI	Common Stock	Tax liability		-58	-3.9%	$0.000000^*	1,422	06 Mar 2026	Direct	F2

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		-142	-4.5%	$0.000000^*	3,014	06 Mar 2026	Common Stock	142		Direct	F3, F4, F5

* 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	Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F4	These restricted stock units vested on March 6, 2026.
F5	The restricted stock units vest as follows: 697 units on February 27, 2027; 697 units on February 27, 2028; 540 units on February 17, 2027; 540 units on February 17, 2028; and 540 units on February 17, 2029.