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Shore Bancshares (SHBI) EVP awarded 3,606 restricted stock units in Form 4

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kaslow Aaron Michael reported acquisition or exercise transactions in this Form 4 filing.

Shore Bancshares Inc. executive Aaron Michael Kaslow reported an equity award of 3,606 restricted stock units on February 17, 2026. These units were granted at a price of $0.00 per unit and each unit represents a contingent right to receive one share of SHBI common stock.

The newly granted restricted stock units vest in three installments beginning on February 17, 2027, the first anniversary of the award date. After this grant, Kaslow holds a total of 12,406 restricted stock units and directly owns 6,500 shares of SHBI common stock.

Positive

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Negative

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Insider Kaslow Aaron Michael
Role EVP, Chief Legal Officer
Type Security Shares Price Value
Grant/Award Restricted Stock Units 3,606 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Restricted Stock Units — 12,406 shares (Direct); Common Stock — 6,500 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of SHBI common stock. Represents restricted stock units that vest in 3 installments beginning on February 17, 2027, the first anniversary of the date of the award. The restricted stock units vest as follows: 2,933 units on November 19, 2026, 2,933 units on November 19, 2027, 2,934 units on November 19, 2028, 1,202 units on February 17, 2027, 1,202 units on February 17, 2028 and 1,202 units on February 17, 2029.
Form 4 Insider Transactions: What Each Field Means →
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*
Kaslow Aaron Michael
(Last) (First) (Middle)
18 EAST 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 Legal Officer
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 6,500 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 3,606 (2) (2) Common Stock 3,606 $0 12,406(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: 2,933 units on November 19, 2026, 2,933 units on November 19, 2027, 2,934 units on November 19, 2028, 1,202 units on February 17, 2027, 1,202 units on February 17, 2028 and 1,202 units on February 17, 2029.
Remarks:
/s/ Christy Lombardi, Attorney in Fact for Aaron Michael Kaslow 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did SHBI executive Aaron Michael Kaslow report?

Aaron Michael Kaslow reported receiving an award of 3,606 restricted stock units. The grant was made on February 17, 2026, at a price of $0.00 per unit and represents additional equity-based compensation tied to Shore Bancshares Inc. common stock.

How do the new SHBI restricted stock units granted to Kaslow vest?

The 3,606 newly granted restricted stock units vest in three installments. Vesting begins on February 17, 2027, the first anniversary of the award date, and continues in subsequent annual installments, aligning his compensation with longer-term company performance and retention.

How many SHBI restricted stock units does Kaslow hold after this Form 4?

Following the reported award, Aaron Michael Kaslow holds a total of 12,406 restricted stock units. Each unit represents a contingent right to receive one share of Shore Bancshares Inc. common stock, subject to the stated vesting schedules detailed in the filing footnotes.

What common stock position does Kaslow report in SHBI after the transactions?

Kaslow reports direct ownership of 6,500 shares of Shore Bancshares Inc. common stock. This figure reflects his common stock holdings after the reported activity and is separate from his 12,406 restricted stock units that may convert into shares as they vest.

What additional vesting schedule details are disclosed for Kaslow’s SHBI RSUs?

The filing notes restricted stock units vesting on several dates: 2,933 units on November 19, 2026, 2,933 on November 19, 2027, 2,934 on November 19, 2028, and 1,202 units on each of February 17, 2027, 2028, and 2029, reflecting staggered long-term incentives.