Shore Bancshares (SHBI) CEO granted 13,532 restricted stock units

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.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider Burke James M

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	13,532	$0.00	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Restricted Stock Units — 46,568 shares (Direct); Common Stock — 79,168 shares (Direct); Common Stock — 8,082 shares (Indirect, By IRA)

Footnotes (1)

1. 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: 1,565 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.

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^*

Burke James M

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

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								79,168	D
Common Stock								8,082	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	(1)	02/17/2026		A		13,532		(2)	(2)	Common Stock	13,532	$0	46,568(3)	D

Explanation of Responses:

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

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

3. 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.

Remarks:

	/s/ Christy Lombardi, Attorney in Fact for James M. Burke	02/18/2026
	** 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 INC (SHBI) disclose about James M. Burke in this Form 4?

The filing shows President & CEO James M. Burke received 13,532 restricted stock units on February 17, 2026. These equity awards increase his contingent right to receive SHBI common shares, aligning his compensation more closely with long-term shareholder outcomes.

How many restricted stock units did SHBI CEO James M. Burke receive?

James M. Burke received 13,532 restricted stock units. Each unit represents a contingent right to receive one share of SHBI common stock, expanding his potential future equity stake if vesting conditions are satisfied over time.

When do James M. Burke’s new SHBI restricted stock units vest?

The new restricted stock units vest in three installments beginning on February 17, 2027. That first vesting date is the one-year anniversary of the award, with the remaining installments following according to the company’s specified schedule.

What does each SHBI restricted stock unit granted to James M. Burke represent?

Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. Actual share delivery depends on vesting, meaning Burke must satisfy time-based conditions before receiving the underlying common shares.

How many SHBI restricted stock units does James M. Burke hold after the grant?

Following the February 17, 2026 grant, Burke directly holds 46,568 restricted stock units. This figure reflects his total outstanding RSUs, which may convert into SHBI common shares as individual grants vest over their respective schedules.

What are James M. Burke’s SHBI common stock holdings reported in this Form 4?

The filing reports Burke directly owns 79,168 shares of SHBI common stock and indirectly owns 8,082 shares through an IRA. These positions are separate from his restricted stock units, which are contingent equity awards subject to vesting.