Shore Bancshares CIO vests 3,692 RSUs, no sale

For SHORE BANCSHARES INC (SHBI), EVP and Chief Information Officer Noah Edward Stayton reported the vesting and exercise of 3,692 Restricted Stock Units on August 21, 2026, converting one-for-one into common stock.

Rhea-AI Filing Summary

For SHORE BANCSHARES INC (SHBI), EVP and Chief Information Officer Noah Edward Stayton reported the vesting and exercise of 3,692 Restricted Stock Units on August 21, 2026, converting one-for-one into common stock. Of these, 1,251 shares of common stock were withheld by the issuer to satisfy tax withholding obligations; no shares were sold by the reporting person. Following these transactions, Stayton holds 10,321 shares of common stock directly and retains unvested RSUs that are scheduled to vest in specified tranches through February 17, 2029.

Insider Trade Summary

3,692 shares exercised/converted

Exercise 3 txns

Insider Stayton Noah Edward

Role EVP, Chief Information Officer

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F3, F4, F5	3,692	$0.00	$0.00
Exercise	Common Stock F1	3,692	--	--
Tax Withholding	Common Stock F2	1,251	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 10,321 contracts (Direct); Common Stock — 2,441 shares (Direct)

Footnotes (5)

1. F1. Restricted stock units convert into common stock on a one-for-one basis.
2. 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.
3. F3. Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
4. F4. These restricted stock units vested on August 21, 2026.
5. F5. Represents restricted stock units that vest as follows: 3,693 units on August 21, 2027; 3,693 units on August 21, 2028; 978 units on February 17, 2027; 978 units on February 17, 2028; and 979 units on February 17, 2029.

Key Figures

RSUs exercised: 3,692 units Shares withheld for taxes: 1,251 shares Common shares held after transaction: 10,321 shares +5 more

8 metrics

RSUs exercised 3,692 units Restricted Stock Units converting one-for-one into SHBI common stock on August 21, 2026

Shares withheld for taxes 1,251 shares Common shares withheld by issuer to satisfy tax withholding obligations on RSU vesting

Common shares held after transaction 10,321 shares Direct SHBI common stock holdings reported following the August 21, 2026 transactions

RSUs vesting August 21, 2027 3,693 units Unvested Restricted Stock Units scheduled to vest on August 21, 2027

RSUs vesting August 21, 2028 3,693 units Unvested Restricted Stock Units scheduled to vest on August 21, 2028

RSUs vesting February 17, 2027 978 units Unvested Restricted Stock Units scheduled to vest on February 17, 2027

RSUs vesting February 17, 2028 978 units Unvested Restricted Stock Units scheduled to vest on February 17, 2028

RSUs vesting February 17, 2029 979 units Unvested Restricted Stock Units scheduled to vest on February 17, 2029

Key Terms

Restricted Stock Units, vested, tax withholding obligations, contingent right

4 terms

Restricted Stock Units financial

"Restricted stock units convert into common stock on a one-for-one basis."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vested financial

"These restricted stock units vested on August 21, 2026."

tax withholding obligations financial

"Shares withheld by the issuer to satisfy tax withholding obligations in connection"

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did SHBI executive Noah Edward Stayton report on August 21, 2026?

He reported the vesting and exercise of 3,692 Restricted Stock Units, which converted into an equal number of SHBI common shares, along with shares withheld to cover tax obligations.

How many SHBI common shares did Noah Edward Stayton receive from RSU vesting?

He received 3,692 SHBI common shares upon the vesting and one-for-one conversion of his Restricted Stock Units on August 21, 2026.

How many SHBI shares were withheld for taxes in Stayton’s Form 4 filing?

The filing states that 1,251 common shares were withheld by the issuer to satisfy tax withholding obligations related to the RSU vesting; no shares were sold by the reporting person.

What are Noah Edward Stayton’s SHBI common stock holdings after these transactions?

After the reported transactions, Noah Edward Stayton directly holds 10,321 shares of SHBI common stock, according to the Form 4 data.

What unvested RSUs does Noah Edward Stayton still hold in SHBI?

He holds RSUs scheduled to vest as follows: 3,693 units on August 21, 2027; 3,693 units on August 21, 2028; 978 units on February 17, 2027; 978 units on February 17, 2028; and 979 units on February 17, 2029.

Were any SHBI shares sold by Stayton in this Form 4 transaction?

No. A footnote explains that the 1,251 shares were withheld by the issuer to satisfy tax withholding obligations, and that no shares were sold by the reporting person.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/25/2026 - 02:55 PM EDT Accepted by SEC EDGAR 08/25/2026 - 02:55 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Stayton Noah Edward

(Last) (First) (Middle)

18 EAST DOVER STREET

(Street)

EASTON MARYLAND 21601

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SHORE BANCSHARES INC [ SHBI ]

5. 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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
08/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	08/21/2026		M		3,692	A	(1)	3,692	D
Common Stock	08/21/2026		F		1,251(2)	D	$0	2,441	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(3)	08/21/2026		M			3,692	(4)	(4)	Common Stock	3,692	$0	10,321(5)	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

2. 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.

3. Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.

4. These restricted stock units vested on August 21, 2026.

5. Represents restricted stock units that vest as follows: 3,693 units on August 21, 2027; 3,693 units on August 21, 2028; 978 units on February 17, 2027; 978 units on February 17, 2028; and 979 units on February 17, 2029.

Remarks:

	/s/ Christy Lombardi, Attorney In Fact for Noah E. Stayton	08/25/2026
	** 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 4 (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.
* Form 4: SEC 1474 (03-26)