Charles S. Cullum - Nov 19, 2025 Form 4 Insider Report for SHORE BANCSHARES INC (SHBI)

Signature
/s/ Christy Lombardi, Attorney in Fact for Charles S. Cullum
Stock symbol
SHBI
Transactions as of
Nov 19, 2025
Transactions value $
$0
Form type
4
Date filed
11/20/2025, 11:41 AM
Previous filing
Aug 22, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Cullum Charles S EVP, Chief Financial Officer 18 EAST DOVER STREET, EASTON /s/ Christy Lombardi, Attorney in Fact for Charles S. Cullum 2025-11-20 0002023454

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 Award $0 +12.6K +72.96% $0.00 29.8K Nov 19, 2025 Common Stock 12.6K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
F2 Represents restricted stock units that vest in 3 annual installments beginning on November 19, 2026, the first anniversary of the date of the award.
F3 Represents restricted stock units that vest as follows: 4,161 units on July 29, 2026, 4,162 units on July 29, 2027, 4,162 units on July 29, 2028, 1,581 units on August 21, 2026, 1,581 units on August 21, 2027, 1,582 units on August 21, 2028, 4,190 units on November 19, 2026, 4,190 units on November 19, 2027 and 4,191 units on November 19, 2028.