Shore Bancshares CEO awarded 13,532 RSUs
Burke James M reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Burke James M reported acquisition or exercise transactions in this Form 4 filing.
Shore Bancshares Inc. President & CEO James M. Burke received a grant of 13,532 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, Burke directly holds 46,568 restricted stock units. He also directly owns 79,168 shares of common stock and indirectly owns 8,082 shares through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 13,532 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
- F2. Represents restricted stock units that vest in 3 installments beginning on February 17, 2027, the first anniversary of the date of the award.
- F3. The restricted stock units vest as follows: 1,565 on March 6, 2026, 4,695 on March 6, 2026, 4,679 units on March 7, 2026, 4,679 units on March 7, 2027, 5,806 units on February 27, 2026, 5,806 units on February 27, 2027, 5,806 units on February 27, 2028, 4,510 units on February 17, 2027, 4,511 units on February 17, 2028 and 4,511 units on February 17, 2029.
FAQ
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