[Form 4] SHORE BANCSHARES INC Insider Trading Activity

Rhea-AI Filing Summary

Pierce Lacey Amanda reported acquisition or exercise transactions in this Form 4 filing.

Shore Bancshares Inc. reported that Chief Strategy & Project Officer Amanda Lacey Pierce received a grant of 2,979 restricted stock units on February 17, 2026. Each unit represents a contingent right to receive one share of SHBI common stock and will vest in three installments beginning on February 17, 2027, the first anniversary of the award date.

After this grant, Pierce holds 9,726 restricted stock units directly. She also has direct ownership of 36,592 shares of common stock, with additional indirect holdings reported as 21,748 shares by spouse, 3,963 shares by IRA, and 4,919 shares by spouse IRA, reflecting dividend reinvestment, employee stock purchase plan participation, and transfers from the issuer’s ESOP.

Insider Trade Summary

5 transactions reported

Mixed 5 txns

Insider Pierce Lacey Amanda

Role Chief Strategy&ProjectOfficer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2,979	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 9,726 shares (Direct); Common Stock — 36,592 shares (Direct); Common Stock — 21,748 shares (Indirect, By Spouse)

Footnotes (1)

1. 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. Includes 1,270 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026. Includes 23,281 shares held jointly with spouse. Includes 1,270 shares Mr. Pierce acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026. IRA holdings reflects transfer of shares from the issuers ESOP following its termination. Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. Represents restricted stock units that vest in 3 installments beginning on February 17, 2027, the first anniversary of the date of the award. The restricted stock units vest as follows; 984 units on March 6, 2026; 965 units on March 7, 2026, 966 units on March 7, 2027, 1,277 units on February 27, 2026, 1,277 units on February 27, 2027, 1,278 units on February 27, 2028, 993 units on February 17, 2027, 993 units on February 17, 2028 and 993 units on February 17, 2029.

Form 4 Insider Transactions: What Each Field Means →

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^*

Pierce Lacey Amanda

(Last) (First) (Middle)

18 E DOVER ST

(Street)

EASTON MD 21601

(City) (State) (Zip)

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)
	Chief Strategy&ProjectOfficer

3. Date of Earliest Transaction (Month/Day/Year)
02/17/2026

4. 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 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								36,592(1)(2)(3)	D
Common Stock								21,748(1)(4)	I	By Spouse
Common Stock								3,963(5)	I	By IRA
Common Stock								4,919(5)	I	By Spouse IRA

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	(6)	02/17/2026		A		2,979		(7)	(7)	Common Stock	2,979	$0	9,726(8)	D

Explanation of Responses:

1. 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.

2. Includes 1,270 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026.

3. Includes 23,281 shares held jointly with spouse.

4. Includes 1,270 shares Mr. Pierce acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026.

5. IRA holdings reflects transfer of shares from the issuers ESOP following its termination.

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

7. Represents restricted stock units that vest in 3 installments beginning on February 17, 2027, the first anniversary of the date of the award.

8. The restricted stock units vest as follows; 984 units on March 6, 2026; 965 units on March 7, 2026, 966 units on March 7, 2027, 1,277 units on February 27, 2026, 1,277 units on February 27, 2027, 1,278 units on February 27, 2028, 993 units on February 17, 2027, 993 units on February 17, 2028 and 993 units on February 17, 2029.

Remarks:

	/s/ Christy Lombardi, Attorney in Fact for Lacey A. Pierce	02/19/2026
	** 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.