Shore Bancshares (SHBI) CFO receives 3,876 restricted stock units

Rhea-AI Filing Summary

Cullum Charles S reported acquisition or exercise transactions in this Form 4 filing.

Shore Bancshares Inc. executive vice president and chief financial officer Charles S. Cullum reported an award of 3,876 restricted stock units on February 17, 2026. Each unit represents the right to receive one share of SHBI common stock. These units vest in three installments beginning on February 17, 2027, the first anniversary of the grant date. Following this grant, Cullum holds a total of 33,676 restricted stock units, which vest over multiple future dates through 2029.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Cullum Charles S

Role EVP, Chief Financial Officer

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	3,876	$0.00	--

Holdings After Transaction: Restricted Stock Units — 33,676 shares (Direct)

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. Represents restricted stock units that vest as follows: 4,161 units on July 29, 2026, 4,162 units on July 29, 2027, 4,162 units on July 29, 2028, 1,581 units on August 21, 2026, 1,581 units on 8/21/2027, 1,582 units on August 21, 2028, 4,190 units on November 19, 2026, 4,190 units on November 19, 2027, 4,191 units on November 19, 2028, 1,292 units on February 17, 2027, 1,292 units on February 17, 2028 and 1,292 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^*

Cullum Charles S

(Last) (First) (Middle)

18 EAST 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 Financial 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

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		3,876		(2)	(2)	Common Stock	3,876	$0	33,676(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. Represents restricted stock units that vest as follows: 4,161 units on July 29, 2026, 4,162 units on July 29, 2027, 4,162 units on July 29, 2028, 1,581 units on August 21, 2026, 1,581 units on 8/21/2027, 1,582 units on August 21, 2028, 4,190 units on November 19, 2026, 4,190 units on November 19, 2027, 4,191 units on November 19, 2028, 1,292 units on February 17, 2027, 1,292 units on February 17, 2028 and 1,292 units on February 17, 2029.

Remarks:

	/s/ Christy Lombardi, Attorney in Fact for Charles S. Cullum	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 insider transaction did SHORE BANCSHARES INC (SHBI) report for Charles S. Cullum?

Shore Bancshares reported that EVP and CFO Charles S. Cullum received 3,876 restricted stock units on February 17, 2026. These are equity-based awards that may convert into common shares as they vest over time.

How many restricted stock units did SHBI’s CFO receive and at what price?

The CFO received 3,876 restricted stock units at a stated transaction price of $0.00 per unit. This reflects a grant of equity compensation rather than an open-market stock purchase or sale for cash consideration.

What is the vesting schedule for the new SHBI restricted stock units granted to the CFO?

The 3,876 newly granted restricted stock units vest in three installments starting on February 17, 2027. This date is the first anniversary of the grant, and subsequent installments vest on later anniversaries as part of a multi-year incentive plan.

What does each SHBI restricted stock unit granted to the CFO represent?

Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. The units convert into actual shares only as vesting conditions are satisfied over the specified schedule.

How many restricted stock units does SHBI’s CFO hold after this grant?

After receiving the 3,876-unit award, the CFO directly holds 33,676 restricted stock units. These units vest on various future dates between July 29, 2026 and February 17, 2029, according to detailed installment schedules.

How do SHBI restricted stock units vest for the CFO over future dates?

Existing awards vest in multiple tranches: 4,161 units on July 29, 2026, then similar installments through 2028, plus smaller tranches on August 21 and November 19 each year, and 1,292 units annually on February 17, 2027, 2028, and 2029.