STOCK TITAN

Shore Bancshares (SHBI) EVP awarded 4,983 RSUs and updates holdings

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Shore Bancshares Inc. executive Brian Scot Ebron, EVP and Chief Banking Officer, received a grant of 4,983 restricted stock units (RSUs) on February 17, 2026 at a price of $0.00 per unit. Each RSU represents a contingent right to receive one share of SHBI common stock, and this award vests in three installments beginning on February 17, 2027, the first anniversary of the grant date.

After the grant, Ebron directly holds 14,039 RSUs. His direct common stock holdings total 23,450 shares, which include 2,116 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026. He also indirectly holds 36,967 common shares through an IRA, with the increase in IRA holdings reflecting a transfer of shares from the issuer’s ESOP following its termination.

Positive

  • None.

Negative

  • None.
Insider Ebron Brian Scot
Role EVP, Chief Banking Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 4,983 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 14,039 shares (Direct); Common Stock — 23,450 shares (Direct); Common Stock — 36,967 shares (Indirect, By IRA)
Footnotes (1)
  1. Includes 2,116 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026. Increase in IRA holdings reflects transfer of shares from issuers ESOP following its termination. 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: 298 units on March 6, 2026, 894 units on March 6, 2026, 1,435 units on March 7, 2026, 1,436 units on March 7, 2027, 1,664 units on February 27, 2026, 1,664 units on February 27, 2027, 1,665 units on February 27, 2028, 1,661 units on February 17, 2027, 1,661 units on February 17, 2028 and 1,661 units on February 17, 2029.
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*
Ebron Brian Scot

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP, Chief Banking Officer
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 23,450(1) D
Common Stock 36,967(2) 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 (3) 02/17/2026 A 4,983 (4) (4) Common Stock 4,983 $0 14,039(5) D
Explanation of Responses:
1. Includes 2,116 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026.
2. Increase in IRA holdings reflects transfer of shares from issuers ESOP following its termination.
3. Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
4. Represents restricted stock units that vest in 3 installments beginning on February 17, 2027, the first anniversary of the date of the award.
5. The restricted stock units vest as follows: 298 units on March 6, 2026, 894 units on March 6, 2026, 1,435 units on March 7, 2026, 1,436 units on March 7, 2027, 1,664 units on February 27, 2026, 1,664 units on February 27, 2027, 1,665 units on February 27, 2028, 1,661 units on February 17, 2027, 1,661 units on February 17, 2028 and 1,661 units on February 17, 2029.
Remarks:
/s/ Christy Lombardi, Attorney in Fact for Brian Scot Ebron 02/19/2026
** 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 SHBI executive Brian Scot Ebron report in this Form 4 filing?

Brian Scot Ebron reported receiving 4,983 restricted stock units in Shore Bancshares Inc. stock. The award was granted at $0.00 per unit and increases his total restricted stock unit holdings to 14,039, alongside substantial direct and indirect common share ownership positions.

How many restricted stock units did SHBI grant to EVP Brian Scot Ebron?

Shore Bancshares Inc. granted 4,983 restricted stock units to EVP and Chief Banking Officer Brian Scot Ebron. Each unit represents a contingent right to one share of SHBI common stock, and the award vests in three installments beginning on February 17, 2027.

When do Brian Scot Ebron’s new SHBI restricted stock units start vesting?

The newly granted 4,983 restricted stock units to Brian Scot Ebron begin vesting on February 17, 2027. The units vest in three installments from that first anniversary date, providing staged delivery of SHBI common stock over time as vesting milestones are reached.

How many SHBI common shares does Brian Scot Ebron own directly after this filing?

After this filing, Brian Scot Ebron directly owns 23,450 shares of Shore Bancshares Inc. common stock. This total includes 2,116 shares acquired through the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026, in addition to his restricted stock units.

What indirect SHBI holdings does Brian Scot Ebron report through his IRA?

Brian Scot Ebron reports indirect ownership of 36,967 shares of Shore Bancshares Inc. common stock through an IRA. The increase in these IRA holdings reflects a transfer of shares from the issuer’s ESOP following its termination, as disclosed in the filing’s footnotes.

What does each SHBI restricted stock unit granted to Brian Scot Ebron represent?

Each restricted stock unit granted to Brian Scot Ebron represents a contingent right to receive one share of Shore Bancshares Inc. common stock. Delivery of the underlying shares depends on the units vesting according to the schedule beginning on February 17, 2027.