Daniel J. Schrider - Mar 12, 2025 Form 4 Insider Report for SANDY SPRING BANCORP INC (SASR)

Signature
Janet VA Replogle, attorney-in-fact for Mr. Schrider
Stock symbol
SASR
Transactions as of
Mar 12, 2025
Transactions value $
-$58,238
Form type
4
Date filed
3/14/2025, 12:34 PM
Previous filing
Dec 30, 2024
Next filing
Apr 3, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SASR Common Stock Award $0 +6.11K +4.64% $0.00 138K Mar 12, 2025 Direct F1
transaction SASR Common Stock Tax liability -$58.2K -2.04K -1.48% $28.59 136K Mar 12, 2025 Direct F2
holding SASR Common Stock 19.1K Mar 12, 2025 Direct F3
holding SASR Common Stock 10.6K Mar 12, 2025 Direct F4
holding SASR Common Stock 7.73K Mar 12, 2025 Direct F5
holding SASR Common Stock 9.22K Mar 12, 2025 Direct F6
holding SASR Common Stock 8.68K Mar 12, 2025 Direct F7
holding SASR Common Stock 3.01K Mar 12, 2025 Direct F8
holding SASR Common Stock 10.5K Mar 12, 2025 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On March 16, 2022, the reporting person was granted shares of restricted stock units subject to certain performance criteria to be achieved January 1, 2022 through December 31, 2024. The result of that award was determined and granted on March 12, 2025.
F2 Shares of vested restricted stock were withheld for tax obligations.
F3 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2025, April 1, 2026, and April 1 2027.
F4 Restricted stock granted on December 26, 2024 under the 2024 Equity Plan will vest on December 31, 2026.
F5 Shares purchased through the Sandy Spring Bank 401(k) Plan
F6 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2024, April 1, 2025, and April 1 2026.
F7 Restricted stock granted on December 26, 2024 under the 2024 Equity Plan will vest ratably on April 1, 2026, April 1, 2027, and April 1, 2028.
F8 Restricted stock units awarded under 2015 Omnibus Incentive Plan will vest ratably on April 1, 2023, April 1, 2024, and April 1 2025.
F9 Restricted stock granted on December 26, 2024 under the 2024 Equity Plan will vest on December 31, 2025.