Executive at Shore Bancshares (NASDAQ: SHBI) awarded 2,700 RSUs

Rhea-AI Filing Summary

Shore Bancshares executive Augustus John William III reported an equity award and updated holdings. He received a grant of 2,700 restricted stock units on February 17, 2026, each representing one share of SHBI common stock. These units vest in three installments of 900 units on February 17, 2027, 2028, and 2029. His direct common stock holdings total 1,263 shares, which include shares acquired through the company’s dividend reinvestment and employee stock purchase plans.

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^*

Augustus John William III

(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, Deputy Chief Credit 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								1,263(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)	02/17/2026		A		2,700		(4)	(4)	Common Stock	2,700	$0	2,700(5)	D

Explanation of Responses:

1. 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.

2. Includes 713 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of February 18, 2026.

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

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

5. Represents restricted stock units that vest as follows: 900 units on February 17, 2027, 900 units on February 17, 2028 and 900 units on February 17, 2029.

Remarks:

	/s/ Christy Lombardi, Attorney in Fact for John W. Augustus, III	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.
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FAQ

What equity award did SHBI executive Augustus John William III receive?

He received 2,700 restricted stock units. The award was granted on February 17, 2026, with each unit representing one share of SHBI common stock. The units vest in three equal annual installments of 900 units starting February 17, 2027.

How do the new restricted stock units for SHBI’s executive vest over time?

The 2,700 restricted stock units vest in three equal tranches. Vesting occurs in installments of 900 units on February 17, 2027, 900 units on February 17, 2028, and 900 units on February 17, 2029, subject to award terms.

What does each restricted stock unit represent for Shore Bancshares (SHBI)?

Each restricted stock unit represents a right to one SHBI share. Upon vesting, each unit can convert into one share of Shore Bancshares common stock, aligning the executive’s compensation more closely with shareholder value over time.

How many SHBI common shares does Augustus John William III hold directly after this Form 4?

He directly holds 1,263 SHBI common shares. This total reflects his beneficial ownership, including shares acquired through the Shore Bancshares Dividend Reinvestment Plan and the Employee Stock Purchase Plan as of February 18, 2026.

What plans contributed to Augustus John William III’s SHBI share ownership?

His holdings include shares from two company plans. Footnotes state that his beneficial ownership reflects shares acquired under the Shore Bancshares Dividend Reinvestment Plan and 713 shares acquired through the Employee Stock Purchase Plan as of February 18, 2026.

Does the Form 4 for SHBI involve any insider share sales?

The Form 4 reports an award, not a sale. It shows a grant of 2,700 restricted stock units to executive Augustus John William III and an update to his common stock holdings, with no insider selling activity disclosed in the provided data.