Shore Bancshares (SHBI) EVP awarded 1,620 RSUs with multi-year vesting

Rhea-AI Filing Summary

Anderson Virginia Marie reported acquisition or exercise transactions in this Form 4 filing.

Shore Bancshares Inc EVP Chief Internal Audit Officer Virginia Marie Anderson received a grant of 1,620 restricted stock units on February 17, 2026. Each unit represents a contingent right to receive one share of SHBI common stock. After this grant, she directly holds 3,852 restricted stock units and 911 shares of common stock.

The restricted stock units vest in multiple installments beginning on February 17, 2027, the first anniversary of the award date, and continue through February 17, 2029 under a detailed vesting schedule.

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^*

Anderson Virginia Marie

(Last) (First) (Middle)

18 E 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP Chief Internal Audit Off.

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								911	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	(1)	02/17/2026		A		1,620		(2)	(2)	Common Stock	1,620	$0	3,852(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. The restricted stock units vest as follows: 142 units on March 6, 2026, 696 units on February 27, 2026, 697 units on February 27, 2027, 697 units on February 27, 2028, 540 units on February 17, 2027, 540 units on February 17, 2028 and 540 units on February 17, 2029.

Remarks:

	/s/ Christy Lombardi, Attorney in Fact for Virginia M. Anderson	02/18/2026
	** 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 equity award did SHBI executive Virginia Marie Anderson receive?

Virginia Marie Anderson received a grant of 1,620 restricted stock units. Each unit represents a contingent right to receive one share of Shore Bancshares (SHBI) common stock, providing stock-based compensation tied to future vesting conditions and continued service.

How do Virginia Marie Anderson’s SHBI restricted stock units vest?

Her restricted stock units vest in multiple installments starting February 17, 2027. Footnotes describe a schedule with several specific tranche dates through February 17, 2029, meaning shares are delivered over time as vesting conditions are met.

How many SHBI restricted stock units does Virginia Marie Anderson hold after this grant?

Following the grant, she directly holds 3,852 restricted stock units. These units convert into an equal number of SHBI common shares upon vesting, aligning a portion of her compensation with the company’s future stock performance.

How many SHBI common shares does Virginia Marie Anderson directly own after the reported transactions?

After the reported transactions, she directly owns 911 shares of SHBI common stock. This figure reflects her direct common stock holdings separate from the 3,852 restricted stock units that will convert into shares as they vest over time.

What role does Virginia Marie Anderson hold at Shore Bancshares (SHBI)?

Virginia Marie Anderson serves as Executive Vice President and Chief Internal Audit Officer at Shore Bancshares. Her Form 4 filing reflects stock-based compensation aligned with this senior role, including newly granted restricted stock units that vest over several future dates.