Shore Bancshares EVP granted 3,249 RSUs

Shore Bancshares EVP and Chief Risk Officer Talal Tay received a grant of 3,249 restricted stock units on February 17, 2026.

Rhea-AI Filing Summary

Shore Bancshares EVP and Chief Risk Officer Talal Tay received a grant of 3,249 restricted stock units on February 17, 2026. Each unit represents a contingent right to 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, Tay holds 10,815 restricted stock units. Direct common stock holdings total 14,232 shares as of February 19, 2026, including 1,969 shares acquired through the employee stock purchase plan, and 1,004 additional common shares are held indirectly through an IRA.

Insider Trade Summary

Grant/Award: 3,249 shares

Grant/Award 3 txns

Insider Tay Talal

Role EVP, Chief Risk Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	3,249	$0.00	$0.00
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 10,815 contracts (Direct); Common Stock — 14,232 shares (Direct); Common Stock — 1,004 shares (Indirect, By IRA)

Footnotes (4)

1. F1. Includes 1,969 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026.
2. F2. Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
3. F3. Represents restricted stock units that vest in 3 installments beginning on February 17, 2027, the first anniversary of the date of the award.
4. F4. The restricted stock units vest as follows: 249 units on March 6, 2026, 745 units on March 6, 2026, 1,196 units on March 7, 2026, 1,196 units on March 7, 2027, 1,393 units on February 27, 2026, 1,393 units on February 27, 2027, 1,394 units on February 27, 2028, 1,083 units on February 17, 2027, 1,083 units on February 17, 2028 and 1,083 units on February 17, 2029.

FAQ

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

What did SHORE BANCSHARES INC (SHBI) executive Talal Tay report on this Form 4?

Talal Tay reported receiving a grant of 3,249 restricted stock units on February 17, 2026. These units are a form of equity compensation that can convert into SHBI common shares as they vest over future years, aligning the executive’s interests with shareholders.

How do the new restricted stock units for SHBI’s Talal Tay vest over time?

The 3,249 restricted stock units vest in three installments starting February 17, 2027. That date marks the first anniversary of the award, and additional installments follow in later years, creating a multi‑year incentive tied to continued service and company performance.

How many restricted stock units does SHBI executive Talal Tay hold after this grant?

After the February 17, 2026 grant, Talal Tay holds 10,815 restricted stock units. Each unit represents a contingent right to receive one share of SHBI common stock, providing potential future ownership as the units vest according to the disclosed schedule.

What are Talal Tay’s direct common stock holdings in SHORE BANCSHARES INC (SHBI)?

Talal Tay directly owns 14,232 shares of SHBI common stock as of February 19, 2026. This amount includes 1,969 shares acquired through the Shore Bancshares, Inc. Employee Stock Purchase Plan, reflecting ongoing participation in the company’s stock ownership programs.

Does SHBI executive Talal Tay have any indirect ownership of SHBI common stock?

Yes. In addition to direct holdings, Talal Tay has 1,004 SHBI common shares held indirectly through an IRA. Indirect holdings like these still represent beneficial ownership but are kept in a separate retirement account rather than a standard brokerage account.

What does each restricted stock unit granted to SHBI’s Talal Tay represent?

Each restricted stock unit granted to Talal Tay represents a contingent right to receive one SHBI common share. These units do not provide shares immediately; instead, shares are delivered as units vest according to the specified multi‑year vesting schedule in the award terms.

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

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Accepted by SEC EDGAR 02/19/2026 - 11:04 AM 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^*

Tay Talal

(Last) (First) (Middle)

18 E DOVER STREET

(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)
	EVP, Chief Risk Officer

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								14,232(1)	D
Common Stock								1,004	I	By 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	(2)	02/17/2026		A		3,249		(3)	(3)	Common Stock	3,249	$0	10,815(4)	D

Explanation of Responses:

1. Includes 1,969 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026.

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

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

4. The restricted stock units vest as follows: 249 units on March 6, 2026, 745 units on March 6, 2026, 1,196 units on March 7, 2026, 1,196 units on March 7, 2027, 1,393 units on February 27, 2026, 1,393 units on February 27, 2027, 1,394 units on February 27, 2028, 1,083 units on February 17, 2027, 1,083 units on February 17, 2028 and 1,083 units on February 17, 2029.

Remarks:

	/s/ Christy Lombardi, Attorney in Fact for Talal Tay	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.