Welcome to our dedicated page for SHORE BANCSHARES SEC filings (Ticker: SHBI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Shore Bancshares, Inc. filings document the public-company record for a Maryland financial holding company and its ownership of Shore United Bank, N.A. Form 8-K reports provide earnings releases, financial-condition updates, investor presentations, annual-meeting information and material agreements tied to subordinated note financing.
Proxy materials describe board and shareholder voting matters, executive compensation, equity-award data and governance practices. Other filings cover capital structure, regulatory-capital instruments, change-in-control severance arrangements and exhibit-based financial information for the banking organization.
Shore Bancshares Inc. (SHBI) – Form 4 insider filing reports that EVP & Chief Risk Officer Talal Tay acquired 1,353 SHBI common shares on 1 July 2025 through the vesting (Code M) of an equal number of previously granted restricted stock units (RSUs). Following the transaction, Tay directly owns 15,074 common shares and indirectly holds 1,004 shares via the company ESOP.
In addition, Tay retains 7,566 unvested RSUs with staggered vesting dates between 2026-2028, underpinning longer-term equity alignment. The direct share count includes 1,956 shares accumulated through the Employee Stock Purchase Plan and incremental dividend reinvestment purchases (Rule 16a-11).
No shares were sold, no cash price was disclosed (RSUs convert 1-for-1), and there are no indications of derivative sales or new option grants. The filing is a routine Section 16 ownership update that modestly increases insider equity exposure.
On July 1, 2025, Brian Scot Ebron, Executive Vice President & Chief Banking Officer of Shore Bancshares, Inc. (SHBI), converted 1,562 restricted stock units (RSUs) into common stock (Form 4, transaction code “M”). The RSUs carried a $0 exercise price and convert one-for-one into shares, increasing Ebron’s direct ownership to 22,423 shares. He also holds 36,148 shares indirectly via an IRA and 819 shares through the company ESOP. After the transaction, 9,056 RSUs remain outstanding, vesting in scheduled tranches between 2026 and 2028. No open-market purchases or sales were reported; the filing represents routine equity vesting designed to align executive incentives with shareholder interests.
- Insider: Brian Scot Ebron (EVP, Chief Banking Officer)
- Transaction date: 07/01/2025
- Securities acquired: 1,562 SHBI common shares via RSU conversion
- Resulting direct holdings: 22,423 shares
- Derivative holdings remaining: 9,056 unvested RSUs
The modest size and zero-cost nature of the transaction suggest a neutral signal rather than a directional bet on the stock.