Shore Bancshares director converts 2,310 RSUs

Shore Bancshares Inc. director Louis P. Jenkins Jr. reported the vesting and conversion of 2,310 restricted stock units into 2,310 shares of common stock on July 29, 2026.

Rhea-AI Filing Summary

Shore Bancshares Inc. director Louis P. Jenkins Jr. reported the vesting and conversion of 2,310 restricted stock units into 2,310 shares of common stock on July 29, 2026. Following the transaction, he directly owns 64,510 common shares and holds 1,855 unvested restricted stock units scheduled to vest on May 21, 2027. The increase in common stock is described as an exempt acquisition under the Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11.

Insider Trade Summary

2,310 shares exercised/converted

Exercise 2 txns

Insider JENKINS LOUIS P JR

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F3, F4, F5	2,310	$0.00	$0.00
Exercise	Common Stock F1, F2	2,310	--	--

Holdings After Transaction: Restricted Stock Units — 1,855 contracts (Direct); Common Stock — 64,510 shares (Direct)

Footnotes (5)

1. F1. Restricted stock units convert into common stock on a one-for-one basis.
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. These restricted stock units vested on July 29, 2026.
5. F5. The restricted stock units vest as follows: 1,855 units on May 21, 2027.

Key Figures

Restricted stock units converted: 2,310 units Common stock holdings after transaction: 64,510 shares Unvested restricted stock units remaining: 1,855 units

3 metrics

Restricted stock units converted 2,310 units RSUs vested and converted into common stock on July 29, 2026

Common stock holdings after transaction 64,510 shares Direct SHBI common shares owned by Louis P. Jenkins Jr. following the conversion

Unvested restricted stock units remaining 1,855 units Restricted stock units scheduled to vest on May 21, 2027

Key Terms

Restricted Stock Units, Dividend Reinvestment Plan, Rule 16a-11, beneficial ownership, +1 more

5 terms

Restricted Stock Units financial

"Security title reported as Restricted Stock Units that convert into common stock"

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.

Dividend Reinvestment Plan financial

"Exempt acquisition of common stock 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

"Acquisition described as exempt pursuant to Rule 16a-11"

beneficial ownership financial

"Reflects an increase in beneficial ownership resulting from an exempt acquisition"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

vested financial

"These restricted stock units vested on July 29, 2026"

FAQ

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

What transaction did SHBI director Louis P. Jenkins Jr. report in this Form 4?

Louis P. Jenkins Jr. reported that 2,310 restricted stock units vested and converted into 2,310 shares of SHBI common stock on July 29, 2026. This was recorded as an exercise or conversion of a derivative security rather than an open-market purchase or sale.

How many SHBI common shares does Louis P. Jenkins Jr. own after the July 29, 2026 transaction?

After the reported transaction, Louis P. Jenkins Jr. directly owns 64,510 shares of SHBI common stock. This figure reflects the additional shares received from the vested restricted stock units and is disclosed as his direct beneficial ownership following the conversion.

How many restricted stock units remain unvested for Louis P. Jenkins Jr. at SHBI?

Following the vesting of 2,310 units, 1,855 restricted stock units remain unvested for Louis P. Jenkins Jr. The filing states that these remaining units are scheduled to vest on May 21, 2027, providing a future contingent right to receive SHBI common stock.

At what ratio were SHBI restricted stock units converted into common stock for Louis P. Jenkins Jr.?

The restricted stock units converted into SHBI common stock on a one-for-one basis. Footnotes explain that each restricted stock unit represents a contingent right to receive one share of SHBI common stock, so 2,310 units produced 2,310 common shares upon vesting.

What does the Shore Bancshares Dividend Reinvestment Plan reference mean in the SHBI Form 4?

A footnote states the increase in beneficial ownership reflects an exempt acquisition of common stock under the Shore Bancshares Dividend Reinvestment Plan pursuant to Rule 16a-11. This language characterizes the acquisition as exempt under that SEC rule.

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

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Available on EDGAR 07/31/2026 - 04:01 PM Accepted by SEC EDGAR 07/31/2026 - 04:00 PM 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^*

JENKINS LOUIS P JR

(Last) (First) (Middle)

18 E DOVER STREET

(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)
07/29/2026

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	07/29/2026		M		2,310	A	(1)	64,510(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)	07/29/2026		M			2,310	(4)	(4)	Common Stock	2,310	$0	1,855(5)	D

Explanation of Responses:

1. Restricted stock units convert into common stock on a one-for-one basis.

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. These restricted stock units vested on July 29, 2026.

5. The restricted stock units vest as follows: 1,855 units on May 21, 2027.

Remarks:

	/s/ Christy Lombardi, Attorney in Fact for Louis P. Jenkins Jr.	07/31/2026
	** 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)