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

Reporting relationship: EVP, Chief Risk Officer
Issuer ticker: SHBI
Reported as of: 06 Mar 2026
Net transaction value: $0
SEC form: 4
Accepted by SEC: 09 Mar 2026, 13:22:18 UTC
Prior SEC filing: 03 Mar 2026
Source filing: View source filing
Reporting owner signature: /s/ Christy Lombardi, Attorney in Fact for Talal Tay

Key filing fact

Talal Tay filed Form 4 for SHORE BANCSHARES INC (SHBI) on 09 Mar 2026.

Key facts

This page summarizes Talal Tay's Form 4 filing for SHORE BANCSHARES INC (SHBI).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 09 Mar 2026, 13:22.

Change

Previous filing in this sequence was filed on 03 Mar 2026.
Current net transaction value: $0.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001804085 Primary reporting owner

Tay Talal

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

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SHBI transaction

Common Stock

Options Exercise

Transaction value
Shares: +994
Change %: +6.5%
Price
Shares after: 16,191
Date: 06 Mar 2026
Ownership: Direct
Footnotes: F1

SHBI transaction

Common Stock

Options Exercise

Transaction value
Shares: +1,196
Change %: +7.4%
Price
Shares after: 17,387
Date: 07 Mar 2026
Ownership: Direct
Footnotes: F1

SHBI transaction

Common Stock

Tax liability

Transaction value
Shares: -324
Change %: -1.9%
Price: $0.000000^*
Shares after: 17,063
Date: 06 Mar 2026
Ownership: Direct
Footnotes: F2

SHBI transaction

Common Stock

Tax liability

Transaction value
Shares: -380
Change %: -2.2%
Price: $0.000000^*
Shares after: 16,683
Date: 07 Mar 2026
Ownership: Direct
Footnotes: F2, F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SHBI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -994
Change %: -11%
Price: $0.000000^*
Shares after: 8,428
Date: 06 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 994
Exercise price
Footnotes: F4, F5

SHBI transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
Shares: -1,196
Change %: -14%
Price: $0.000000^*
Shares after: 7,232
Date: 07 Mar 2026
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,196
Exercise price
Footnotes: F4, F6, F7

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 7 footnotes

Footnote F1

Restricted stock units convert into common stock on a one-for-one basis.

Footnote 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.

Footnote F3

Includes 1,969 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of March 9, 2026.

Footnote F4

Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.

Footnote F5

These restricted stock units vested on March 6, 2026.

Footnote F6

These restricted stock units vested on March 7, 2026.

Footnote 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.