James M. Burke - Jul 1, 2025 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
President & CEO, Director
Signature
/s/ Christy Lombardi, Attorney in Fact for James M. Burke
Stock symbol
SHBI
Transactions as of
Jul 1, 2025
Transactions value $
$0
Form type
4
Date filed
7/2/2025, 01:34 PM
Previous filing
Mar 10, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Burke James M President & CEO, Director 18 E DOVER STREET, EASTON /s/ Christy Lombardi, Attorney in Fact for James M. Burke 2025-07-02 0001387999

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Options Exercise +6.71K +8.69% 83.9K Jul 1, 2025 Direct F1
holding SHBI Common Stock 2.37K Jul 1, 2025 By IRA
holding SHBI Common Stock 5.71K Jul 1, 2025 By ESOP

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 $0 -6.71K -16.87% $0.00 33K Jul 1, 2025 Common Stock 6.71K Direct F2, F3, F4
* 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 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F3 Restricted stock units vested July 1, 2025.
F4 The restricted stock units vest as follows: 1,565 on March 6, 2026, 4,695 on March 6, 2026, 4,679 units on March 7, 2026, 4,679 units on March 7, 2027, 5,806 units on February 27, 2026, 5,806 units on February 27, 2027 and 5,806 units on February 27, 2028.