Form 4 for SHBI SHORE BANCSHARES INC
Accepted 2025-03-10 00:00:00 ET · period of report 2025-03-06 · accession 0001628280-25-011525 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-03-10 | 2025-03-06+ | SHBI | Lombardi Christy | EVP, Chief Human Resources Ofc | M - OptEx | — | +1,665 | 45.7K | +4% | — |
| DM | 2025-03-10 | 2025-03-06+ | SHBI | Lombardi Christy | EVP, Chief Human Resources Ofc | M - OptEx | $0.00 | -1,665 | 20.9K | -7% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2025-03-07 | M | A | 1,325 | — | 47,012 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F2) The amount held reflects an increase in beneficial ownership resulting from an exempt acquisition of common stock under the Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11. |
| 2 | Common | Common Stock | 2025-03-06 | M | A | 340 | — | 45,687 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. (F2) The amount held reflects an increase in beneficial ownership resulting from an exempt acquisition of common stock under the Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11. |
| 3 | Derivative | Restricted Stock Units | 2025-03-07 | M | D | 1,325 | $0.00 | 19,601 | D | — · — to — | 1,325 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. (F6) Restricted stock units vested March 7, 2025. (F7) The restricted stock units vest as follows: 340 units on March 6, 2026, 1,020 units on March 6, 2026, 11,295 units on July 1, 2025, 1,325 units on March 7, 2026, 1,325 units on March 7, 2027, 1,432 units on February 27, 2026, 1,432 units on February 27, 2027 and 1,432 units on February 27, 2028. |
| 4 | Derivative | Restricted Stock Units | 2025-03-06 | M | D | 340 | $0.00 | 20,926 | D | — · — to — | 340 Common Stock | (F3) Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. (F4) Restricted stock units vested March 6, 2025. (F5) The restricted stock units vest as follows: 340 units on March 6, 2026, 1,020 units on March 6, 2026, 11,295 units on July 1, 2025, 1,325 units on March 7, 2025, 1,325 units on March 7, 2026, 1,325 units on March 7, 2027, 1,432 units on February 27, 2026, 1,432 units on February 27, 2027 and 1,432 units on February 27, 2028. |