Shore Bancshares director Lamon buys 338 shares

The director also reported 1,855 restricted stock units that vest on May 21, 2027.

Rhea-AI Filing Summary

John Lamon reported purchase transactions in this Form 4 filing. Shore Bancshares Inc. (SHBI) director John Lamon acquired 338 common shares on October 27, 2026, at $22.94 per share through the Shore Bancshares Dividend Reinvestment Plan, as an exempt acquisition pursuant to Rule 16a-11. His reported direct common-stock holdings after the transaction were 65,514 shares, including 56,403 shares owned jointly with his spouse. He also reported 1,855 restricted stock units, each a contingent right to one common share, vesting May 21, 2027. No Rule 10b5-1 plan is reported.

Insider Trade Summary

Net Buyer: 338 shares

Net Buy 2 txns

Insider LAMON JOHN

Role Director

Bought 338 shs ($8K)

Type	Security	Shares	Price	Value
Purchase	Common Stock F1, F2	338	$22.94	$8K
holding	Restricted Stock Units F3, F4, F5	--	--	--

Holdings After Transaction: Common Stock — 65,514 shares (Direct); Restricted Stock Units — 1,855 contracts (Direct)

Footnotes (5)

1. F1. Includes 56,403 shares owned jointly with the reporting person's spouse.
2. F2. 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.
3. F3. Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.
4. F4. Represents restricted stock units that vest on May 21, 2027.
5. F5. Restricted stock units vest as follows: 1,855 shares on May 21, 2027.

Key Figures

Common shares acquired: 338 shares Price per share: $22.94 per share Direct common shares after transaction: 65,514 shares +2 more

5 metrics

Common shares acquired 338 shares October 27, 2026

Price per share $22.94 per share Acquisition on October 27, 2026

Direct common shares after transaction 65,514 shares Reported after the October 27, 2026 acquisition

Shares owned jointly with spouse 56,403 shares Included in the reported direct holdings

Restricted stock units 1,855 units Vest on May 21, 2027; each unit represents a contingent right to one common share

Key Terms

Dividend Reinvestment Plan, Rule 16a-11, restricted stock units, contingent right

4 terms

Dividend Reinvestment Plan financial

"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

"pursuant to Rule 16a-11"

restricted stock units financial

"Each restricted stock unit represents a contingent right"

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

"a contingent right to receive one share"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many SHBI shares did director John Lamon acquire, and at what price?

John Lamon acquired 338 common shares at $22.94 per share on October 27, 2026. The acquisition was under Shore Bancshares' Dividend Reinvestment Plan pursuant to Rule 16a-11 and was described as exempt. His reported direct common-stock holdings afterward were 65,514 shares, including 56,403 shares owned jointly with his spouse. No Rule 10b5-1 plan is reported.

When do John Lamon's SHBI restricted stock units vest?

John Lamon reported 1,855 restricted stock units that vest on May 21, 2027. Each unit represents a contingent right to receive one share of SHBI common stock.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/29/2026 - 11:25 AM EDT Accepted by SEC EDGAR 10/29/2026 - 11:24 AM EDT Learn about SEC filing dates

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^*

LAMON JOHN

(Last) (First) (Middle)

18 EAST DOVER ST.

(Street)

EASTON MARYLAND 21601

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
SHORE BANCSHARES INC [ SHBI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
10/27/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	10/27/2026		P		338	A	$22.94	65,514(1)(2)	D

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)							(4)	(5)	Common Stock	1,855		1,855	D

Explanation of Responses:

1. Includes 56,403 shares owned jointly with the reporting person's spouse.

2. 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.

3. Each restricted stock unit represents a contingent right to receive one share of SHBI common stock.

4. Represents restricted stock units that vest on May 21, 2027.

5. Restricted stock units vest as follows: 1,855 shares on May 21, 2027.

Remarks:

	/s/ Christy Lombardi, Attorney in Fact for John A. Lamon	10/29/2026
	** 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.
* Form 4: SEC 1474 (03-26)