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SHBI initial Form 3 — EVP Stayton reports zero beneficial ownership

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Form 3 filed for Shore Bancshares Inc (SHBI) reports that Noah E. Stayton, serving as EVP, Chief Information Officer and an officer/director, does not beneficially own any securities of the issuer as of the event date 08/04/2025. The filing is an initial Section 16 report and was signed by an attorney-in-fact on 08/14/2025.

Positive

  • Initial Form 3 filed fulfilling Section 16 reporting for an officer/director
  • Clear disclosure that no securities are beneficially owned as of 08/04/2025

Negative

  • None.

Insights

Officer filed an initial Form 3 and reported no beneficial ownership.

The filing shows No securities are beneficially owned by the reporting officer as of 08/04/2025, which means there are no Section 16 reportable shares tied to this individual at filing time. This is a straightforward initial ownership disclosure rather than a transaction notice.

Key dependencies are the accuracy of the signatory and any subsequent filings that would report acquisitions or dispositions; investors may note the absence of immediate insider holdings but should look for future Form 4s or amendments if ownership changes within typical reporting windows.

SEC Form 3
FORM 3 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0104
Estimated average burden
hours per response: 0.5
1. Name and Address of Reporting Person*
Stayton Noah Edward

(Last) (First) (Middle)
18 EAST DOVER STREET

(Street)
EASTON MD 21601

(City) (State) (Zip)
2. Date of Event Requiring Statement (Month/Day/Year)
08/04/2025
3. Issuer Name and Ticker or Trading Symbol
SHORE BANCSHARES INC [ SHBI ]
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Information Officer
5. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4) 2. Amount of Securities Beneficially Owned (Instr. 4) 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 4. Nature of Indirect Beneficial Ownership (Instr. 5)
Table II - Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4) 2. Date Exercisable and Expiration Date (Month/Day/Year) 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) 4. Conversion or Exercise Price of Derivative Security 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) 6. Nature of Indirect Beneficial Ownership (Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
Remarks:
Exhibit List: Exhibit 24 - Power of Attorney. No Securities are beneficially owned
No securities are beneficially owned.
/s/ Christy Lombardi, Attorney In Fact for Noah E. Stayton 08/14/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the Form 3 filed for Shore Bancshares (SHBI) on 08/14/2025 state?

The Form 3 states that Noah E. Stayton, the EVP, Chief Information Officer, does not beneficially own any securities of the company as of 08/04/2025.

Does the Form 3 show any insider transactions for SHBI?

No. The Form 3 is an initial ownership statement and explicitly notes No securities are beneficially owned, so it does not report any transactions.

Who signed the Form 3 for Noah E. Stayton?

The form was signed by Christy Lombardi, Attorney in Fact for Noah E. Stayton on 08/14/2025.

Should investors expect immediate insider holdings from this filing?

No. This filing reports zero beneficial ownership; any future insider purchases or grants would appear in subsequent Form 4 filings or amendments.
Shore Bancshares Inc

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