Shore Bancshares (SHBI) director gains 1,855 RSUs and added stock
Rhea-AI Filing Summary
Shore Bancshares director John Lamon increased his stake through a stock plan and a new equity award. His beneficial ownership rose via an exempt acquisition under the company’s dividend reinvestment plan. He also received 1,855 restricted stock units, each representing one share of common stock and vesting on May 21, 2027.
Following these updates, Lamon holds 62,469 common shares directly and 4,165 restricted stock units. Of these units, 2,310 are scheduled to vest on July 29, 2026 and 1,855 on May 21, 2027, adding to his future equity in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
LAMON JOHN
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,855 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 6,475 shares (Direct);
Common Stock — 62,469 shares (Direct)
Footnotes (6)
- F1. 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.
- 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 July 29, 2026, the first anniversary of the award.
- F4. Restricted stock units vest as follows: 2,310 shares on July 29, 2026.
- F5. Represents restricted stock units that vest on May 21, 2027, the first anniversary of the award.
- F6. Restricted stock units vest as follows: 1,855 shares on May 21, 2027.
Key Figures
RSUs granted: 1,855 units
Common shares held: 62,469 shares
Total RSUs outstanding: 4,165 units
+3 more
6 metrics
RSUs granted
1,855 units
Restricted stock units awarded, vesting May 21, 2027
Common shares held
62,469 shares
Direct ownership after reported transactions
Total RSUs outstanding
4,165 units
Restricted stock units held after the award
RSUs vesting 2026
2,310 units
Restricted stock units vesting on July 29, 2026
RSUs vesting 2027
1,855 units
Restricted stock units vesting on May 21, 2027
Exercise price of RSUs
$0.00
Conversion or exercise price for restricted stock units
Key Terms
Restricted Stock Units, Dividend Reinvestment Plan, Rule 16a-11, beneficial ownership
4 terms
Restricted Stock Units financial
"security_title: "Restricted Stock Units" and footnotes describing vesting"
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.
Dividend Reinvestment Plan financial
"exempt acquisition of common stock under Shore Bancshares Dividend Reinvestment Plan"
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
Rule 16a-11 regulatory
"exempt acquisition of common stock under Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11"
beneficial ownership financial
"Reflects an increase in beneficial ownership resulting from an exempt acquisition"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did SHBI director John Lamon report?
John Lamon reported an increase in beneficial ownership through Shore Bancshares’ dividend reinvestment plan and a grant of 1,855 restricted stock units. These units convert into common shares on vesting dates, expanding his future equity stake without an open-market purchase or sale.
What restricted stock units did SHBI grant to John Lamon?
Shore Bancshares granted John Lamon 1,855 restricted stock units, each representing a contingent right to one share of common stock. These units were awarded at a zero exercise price and will vest on May 21, 2027, adding to his long-term equity compensation package.