Donna Stevens of Shore Bancshares (SHBI) awarded 3,423 RSUs

Rhea-AI Filing Summary

STEVENS DONNA J. reported acquisition or exercise transactions in this Form 4 filing.

Shore Bancshares Inc. executive vice president and chief operating officer Donna J. Stevens received a grant of 3,423 restricted stock units on February 17, 2026. Each unit represents a contingent right to receive one share of SHBI common stock at no cash cost.

The new award vests in three installments beginning on February 17, 2027, the first anniversary of the grant date. After this grant, Stevens directly holds 10,559 restricted stock units. She also beneficially owns common stock directly and indirectly, including shares held in an IRA and by her children, as reflected in the updated ownership balances.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider STEVENS DONNA J.

Role EVP, Chief Operating Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	3,423	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 10,559 shares (Direct); Common Stock — 20,264 shares (Direct); Common Stock — 1,868 shares (Indirect, By IRA)

Footnotes (1)

1. Includes 1,762 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026. 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. 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: 1,362 units on March 7, 2026, 1,362 units on March 7, 2027, 1,470 units on February 27, 2026, 1,471 units on February 27, 2027, 1,471 units on February 27, 2028, 1,141 units on February 17, 2027, 1,141 units on February 17, 2028 and 1,141 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^*

STEVENS DONNA J.

(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 Operating 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								20,264(1)	D
Common Stock								1,868(2)	I	By IRA
Common Stock								60	I	By Children

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)	02/17/2026		A		3,423		(4)	(4)	Common Stock	3,423	$0	10,559(5)	D

Explanation of Responses:

1. Includes 1,762 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026.

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

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

5. The restricted stock units vest as follows: 1,362 units on March 7, 2026, 1,362 units on March 7, 2027, 1,470 units on February 27, 2026, 1,471 units on February 27, 2027, 1,471 units on February 27, 2028, 1,141 units on February 17, 2027, 1,141 units on February 17, 2028 and 1,141 units on February 17, 2029.

Remarks:

	/s/ Christy Lombardi, Attorney in Fact for Donna J. Stevens	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.

FAQ

What did Shore Bancshares (SHBI) report in Donna Stevens’ latest Form 4?

Shore Bancshares reported that EVP and COO Donna J. Stevens received a grant of 3,423 restricted stock units on February 17, 2026. These units are equity compensation that may convert into common shares if vesting conditions are met over time.

How many restricted stock units did SHBI grant to Donna Stevens?

Donna J. Stevens was granted 3,423 restricted stock units of Shore Bancshares common stock. Each unit represents a contingent right to receive one SHBI share, aligning her compensation with shareholder value as the units vest over a multi-year schedule.

What is the vesting schedule for Donna Stevens’ new SHBI restricted stock units?

The 3,423 restricted stock units granted to Donna J. Stevens vest in three installments beginning on February 17, 2027. This first anniversary-based schedule is designed to retain the executive and tie long-term rewards to future company performance.

How many restricted stock units does Donna Stevens hold after this SHBI grant?

After the February 17, 2026 grant, Donna J. Stevens directly holds 10,559 restricted stock units in Shore Bancshares. This total reflects both the newly awarded units and prior equity awards that remain outstanding and subject to their respective vesting terms.

Does the SHBI Form 4 show Donna Stevens buying or selling common stock?

The Form 4 primarily reports an equity award of restricted stock units to Donna J. Stevens, not an open-market purchase or sale. It also updates her direct and indirect common stock ownership balances, including holdings in an IRA and by her children.

How are Donna Stevens’ indirect SHBI share holdings structured?

Donna J. Stevens’ indirect ownership includes common shares held by an IRA and by her children, in addition to her direct holdings. These indirect positions are reported to reflect her beneficial ownership interests beyond shares registered directly in her own name.