Shore Bancshares (SHBI) EVP awarded 3,336 restricted stock units in equity grant

Rhea-AI Filing Summary

Shore Bancshares executive Christy Lombardi received a new equity award in the form of restricted stock units. On February 17, 2026, she was granted 3,336 restricted stock units at no cash cost, each representing a contingent right to receive one share of SHBI common stock.

The new award is scheduled to vest in three installments beginning on February 17, 2027, the first anniversary of the grant date. After this grant, Lombardi directly holds 11,642 restricted stock units, 55,220 shares of common stock, and indirectly holds 6,555 common shares through an IRA, which includes 204 shares acquired under the employee stock purchase plan.

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
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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^*

Lombardi Christy

(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 Human Resources Ofc

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								55,220(1)	D
Common Stock								6,555	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	(2)	02/17/2026		A		3,336		(3)	(3)	Common Stock	3,336	$0	11,642(4)	D

Explanation of Responses:

1. Includes 204 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026.

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

3. Represents restricted stock units that vest in 3 installments beginning on February 17, 2027, the first anniversary of the date of the award.

4. The restricted stock units vest as follows: 340 units on March 6, 2026, 1,020 units on March 6, 2026, 1,325 units on March 7, 2026, 1,325 units on March 7, 2027, 1,432 units on February 27, 2026, 1,432 units on February 27, 2027, 1,432 units on February 27, 2028, 1,112 units on February 17, 2027, 1,112 units on February 17, 2028 and 1,112 units on February 17, 2029.

Remarks:

	/s/ Christy Lombardi	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 SHBI executive Christy Lombardi report on this Form 4?

Christy Lombardi reported receiving a grant of 3,336 restricted stock units on February 17, 2026. These units were awarded at no cash cost and each unit represents a contingent right to receive one share of Shore Bancshares (SHBI) common stock, subject to vesting conditions.

How do Christy Lombardi’s new SHBI restricted stock units vest over time?

The 3,336 restricted stock units granted to Christy Lombardi vest in three installments starting February 17, 2027. That date is the first anniversary of the award. The units will continue to vest in subsequent scheduled installments, subject to the terms of Shore Bancshares’ equity compensation arrangements.

How many SHBI restricted stock units does Christy Lombardi hold after this Form 4 transaction?

Following the February 17, 2026 grant, Christy Lombardi holds 11,642 restricted stock units. These RSUs represent contingent rights to receive an equal number of SHBI common shares as they vest over time, aligning her compensation more closely with Shore Bancshares’ long-term share performance.

What is Christy Lombardi’s reported SHBI common stock ownership after the filing?

After the reported transactions, Christy Lombardi directly owns 55,220 shares of SHBI common stock and indirectly owns 6,555 shares through an IRA. The indirect holdings are reported as owned “By IRA,” reflecting retirement account ownership rather than separate open-market or option-related activity.

What does each SHBI restricted stock unit granted to Christy Lombardi represent?

Each restricted stock unit granted to Christy Lombardi represents a contingent right to receive one share of SHBI common stock. The units do not involve an exercise price and convert into shares only as they vest under Shore Bancshares’ specified vesting schedule and plan conditions.

Does the Form 4 mention SHBI shares acquired through an employee stock purchase plan?

Yes. A footnote explains that Lombardi’s holdings include 204 SHBI common shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 19, 2026. This indicates a portion of her ownership comes from ongoing employee share purchase participation.