Shore Bancshares (NASDAQ: SHBI) director awarded 1,932 RSUs grant

Rhea-AI Filing Summary

Shore Bancshares Inc. director Konrad Wayson reported a stock-based compensation award. On January 8, 2026, he received 1,932 restricted stock units (RSUs) for no cash payment, each representing the right to receive one share of SHBI common stock.

The 1,932 RSUs are scheduled to vest on January 8, 2027, the first anniversary of the award. After this grant, Wayson beneficially owns 4,242 RSUs in total, including earlier awards that are scheduled to vest in two installments of 2,310 shares on July 29, 2026 and 1,932 shares on January 8, 2027.

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

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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^*

WAYSON KONRAD

(Last) (First) (Middle)

18 EAST DOVER ST.

(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)

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

3. Date of Earliest Transaction (Month/Day/Year)
01/08/2026

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)	01/08/2026		A		1,932		(2)	(2)	Common Stock	1,932	$0	4,242(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 on January 8, 2027, the first anniversary of the award.

3. Restricted stock units vest as follows, 2,310 shares on July 29, 2026 and 1,932 shares on January 8, 2027.

Remarks:

	/s/ Christy Lombardi, Attorney in Fact for Konrad M. Wayson	01/12/2026
	** 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 report for Konrad Wayson?

Shore Bancshares Inc. reported that director Konrad Wayson received an award of 1,932 restricted stock units (RSUs) on January 8, 2026, representing potential future shares of SHBI common stock.

Is the SHBI Form 4 transaction a grant or a sale of shares?

The Form 4 reflects a grant of 1,932 restricted stock units to director Konrad Wayson, coded as transaction type A (acquisition), rather than a sale of existing shares.

When do Konrad Wayson’s new SHBI restricted stock units vest?

The newly awarded 1,932 RSUs are scheduled to vest on January 8, 2027, which is identified as the first anniversary of the award.

How many SHBI restricted stock units does Konrad Wayson hold after this transaction?

Following the reported award, Konrad Wayson beneficially owns a total of 4,242 restricted stock units tied to SHBI common stock.

What is the vesting schedule for Konrad Wayson’s SHBI restricted stock units?

Footnotes state that restricted stock units vest in two tranches: 2,310 shares on July 29, 2026 and 1,932 shares on January 8, 2027, aligning with previously granted and newly awarded RSUs.

Does Konrad Wayson hold the SHBI restricted stock units directly or indirectly?

The filing lists his ownership of 4,242 restricted stock units as direct (D), with no separate entity named for indirect beneficial ownership.