Shore Bancshares (SHBI) director John Lamon purchases 300 common shares
Rhea-AI Filing Summary
Shore Bancshares Inc director John Lamon purchased 300 shares of Common Stock on August 3, 2026 at $24.5698 per share, increasing his direct holdings to 65,122 shares, including 56,065 shares owned jointly with his spouse, plus 1,855 restricted stock units vesting May 21, 2027.
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Insider Trade Summary
Net Buyer: 300 shares
Net Buy
2 txns
Insider
LAMON JOHN
Role
Director
Bought
300 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1 | 300 | $24.5698 | $7K |
| holding | Restricted Stock Units F2, F3, F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 65,122 shares (Direct);
Restricted Stock Units — 1,855 shares (Direct)
Footnotes (4)
- F1. Includes 56,065 shares owned jointly with the reporting person's spouse.
- F2. Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
- F3. Represents restricted stock units that vest on May 21, 2027.
- F4. Restricted stock units vest as follows: 1,855 shares on May 21, 2027.
Key Figures
Shares purchased: 300 shares
Purchase price: $24.5698 per share
Common shares held after purchase: 65,122 shares
+2 more
5 metrics
Shares purchased
300 shares
Common Stock purchased on August 3, 2026 by director John Lamon
Purchase price
$24.5698 per share
Average price per share for the 300-share Common Stock purchase on August 3, 2026
Common shares held after purchase
65,122 shares
Total Common Stock holdings following the August 3, 2026 transaction
Jointly owned shares with spouse
56,065 shares
Portion of Common Stock held jointly with the reporting person’s spouse
Restricted stock units outstanding
1,855 units
RSUs that vest on May 21, 2027, each for one SHBI common share
Key Terms
Restricted Stock Units, contingent right, vest
3 terms
Restricted Stock Units financial
"Represents restricted stock units that vest on May 21, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vest financial
"Restricted stock units vest as follows: 1,855 shares on May 21, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What restricted stock units does SHBI director John Lamon own?
John Lamon beneficially owns 1,855 restricted stock units (RSUs), each representing a contingent right to receive one SHBI share. These RSUs are scheduled to vest on May 21, 2027, potentially adding to his future Common Stock holdings.