Shore Bancshares (SHBI) EVP awarded 2,935 restricted stock units in Form 4
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stayton Noah Edward reported acquisition or exercise transactions in this Form 4 filing.
SHORE BANCSHARES INC executive Noah Edward Stayton received a grant of 2,935 restricted stock units (RSUs) on February 17, 2026. The award was reported at a grant price of $0.00 per unit and brings his directly owned RSU total to 14,013 units.
Each RSU represents a contingent right to receive one share of SHBI common stock. The newly granted RSUs vest in three installments beginning on February 17, 2027, the first anniversary of the grant date, with the remaining RSUs subject to scheduled vesting through February 17, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stayton Noah Edward
Role
EVP, Chief Information Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,935 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 14,013 shares (Direct)
Footnotes (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. Represents restricted stock units that vest as follows: 3,194 and 498 units on August 21, 2026, 3,195 and 498 units on August 21, 2027, 3,195 and 498 units on August 21, 2028, 978 units on February 17, 2027, 978 units on February 17, 2028 and 979 units on February 17, 2029.
FAQ
How many restricted stock units does Noah Edward Stayton hold in SHBI after this Form 4 filing?
After the February 17, 2026 grant, Noah Edward Stayton beneficially owns 14,013 restricted stock units in SHORE BANCSHARES INC. This total reflects his directly held RSUs following the award reported in this Form 4 insider transaction.
When do the newly granted SHBI restricted stock units to Noah Edward Stayton begin vesting?
The newly granted restricted stock units to Noah Edward Stayton begin vesting on February 17, 2027. This is the first anniversary of the February 17, 2026 award date, and vesting then continues according to the company’s disclosed installment schedule.
Over what period do Noah Edward Stayton’s SHBI restricted stock units vest?
Noah Edward Stayton’s restricted stock units vest in multiple installments from August 21, 2026 through February 17, 2029. The schedule includes several tranche amounts on those dates, reflecting prior and current awards with time-based vesting conditions.