Form 4 for SHBI SHORE BANCSHARES INC
Accepted 2026-03-03 00:00:00 ET · period of report 2026-02-27 · accession 0001628280-26-013811 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2026-03-03 | 2026-02-27 | SHBI | Ruch, Jr. Charles E. | EVP, Chief Credit Off | M - OptEx | — | +1,354 | 7,654 | +21% | — |
| D | 2026-03-03 | 2026-02-27 | SHBI | Ruch, Jr. Charles E. | EVP, Chief Credit Off | F - Tax | $0.00 | -454 | 7,200 | -6% | $0 |
| D | 2026-03-03 | 2026-02-27 | SHBI | Ruch, Jr. Charles E. | EVP, Chief Credit Off | M - OptEx | $0.00 | -1,354 | 4,918 | -22% | $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 | 2026-02-27 | M | A | 1,354 | — | 7,654 | D | — | — | (F1) Restricted stock units convert into common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2026-02-27 | F | D | 454 | $0.00 | 7,200 | D | — | — | (F2) Shares withheld by the issuer to satisfy tax withholding obligations in connection with the vesting of RSUs; no shares were sold by the reporting person. (F3) Reflects an increase in beneficial ownership resulting from an exempt acquisition of common stock under Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11. |
| 3 | Derivative | Restricted Stock Units | 2026-02-27 | M | D | 1,354 | $0.00 | 4,918 | D | — · — to — | 1,354 Common Stock | (F6) The restricted stock units vest as follows; 1,104 units on March 7, 2026; 1,104 units on March 7, 2027; 1,355 units on February 27, 2027; and 1,355 units on February 27, 2028. (F4) Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. (F5) These restricted stock units vested on February 27, 2026. |