Andrea E. Colender - 01 Jul 2025 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Role
EVP, Chief Legal Officer
Signature
/s/ Christy Lombardi, Attorney in Fact for Andrea E. Colender
Issuer symbol
SHBI
Transactions as of
01 Jul 2025
Net transactions value
$0
Form type
4
Filing time
02 Jul 2025, 13:37:07 UTC
Previous filing
10 Mar 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Colender Andrea E. EVP, Chief Legal Officer 18 E DOVER STREET, EASTON /s/ Christy Lombardi, Attorney in Fact for Andrea E. Colender 02 Jul 2025 0001891268

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SHBI Common Stock Options Exercise +995 +3.8% 26,972 01 Jul 2025 Direct F1, F2
holding SHBI Common Stock 3,292 01 Jul 2025 By IRA

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 -995 -14% $0.000000 6,156 01 Jul 2025 Common Stock 995 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 Includes 2,217 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of July 1, 2025.
F3 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F4 Restricted stock units vested July 1, 2025.
F5 The restricted stock units vest as follows: 1,104 units on March 7, 2026, 1,104 units on March 7, 2027, 1,316 units on February 27, 2026, 1,316 units on February 27, 2027 and 1,316 units on February 27, 2028.