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 EVP and Chief Risk Officer Talal Tay reported multiple equity award transactions. On March 6 and 7, 2026, restricted stock units converted into common stock on a one-for-one basis, resulting in acquisitions of 994 and 1,196 shares of common stock at a stated price of $0.00 per share through derivative exercises.
On both dates, portions of the newly issued shares, 324 and 380 shares, were withheld by the issuer to satisfy tax withholding obligations in connection with RSU vesting, and no shares were sold by the reporting person. Following these transactions, Tay directly held 16,683 shares of common stock and 8,428 restricted stock units, which include 1,969 shares acquired under the employee stock purchase plan as of March 9, 2026. Certain remaining restricted stock units are scheduled to vest in specified annual installments through 2029.
Shore Bancshares Inc Chief Strategy & Project Officer Amanda Lacey Pierce reported equity compensation activity involving restricted stock units (RSUs) and common stock. On March 6 and 7, 2026, RSUs converted into common stock on a one-for-one basis, adding 984 and 965 common shares, respectively, through derivative exercises.
On both dates, 350 and 335 common shares were withheld by the issuer to satisfy tax withholding obligations related to RSU vesting, and no shares were sold by the reporting person. Following these transactions, Pierce directly held 38,709 common shares and maintained additional indirect holdings through an IRA, spouse, and spouse IRA, as well as remaining unvested RSUs scheduled to vest between 2027 and 2029.
Shore Bancshares EVP and Chief Banking Officer Brian Scot Ebron reported equity compensation activity involving restricted stock units (RSUs) and common stock. On March 6 and 7, 2026, RSUs representing 1,192 and 1,435 shares, respectively, were exercised and converted into the same number of Shore Bancshares common shares at no cash exercise price.
To satisfy tax withholding obligations tied to these RSU vestings, 387 shares on March 6 and 455 shares on March 7 were withheld by the issuer, and no shares were sold by Ebron. After these transactions, he held 26,388 shares of common stock directly and 9,748 RSUs, plus indirect ownership of 36,967 common shares by an IRA, which includes 2,116 shares acquired under the employee stock purchase plan as of March 9, 2026.
Shore Bancshares EVP Virginia Marie Anderson reported equity award activity involving restricted stock units and common shares. On March 6, 2026, 142 restricted stock units were exercised and converted into 142 shares of common stock at no cash exercise price, increasing her directly held common shares.
A separate entry shows 58 common shares withheld by the issuer to satisfy tax withholding obligations related to the RSU vesting, so no shares were sold by Anderson in the market. After these transactions, she directly held 1,422 shares of common stock and 3,014 restricted stock units, each representing a contingent right to receive one share of SHBI common stock, with additional tranches scheduled to vest between February 2027 and February 2029.
Shore Bancshares EVP and COO Donna J. Stevens reported RSU vesting and related share movements. On March 7, 2026, 1,362 restricted stock units converted into an equal number of common shares at $0 per share. To cover tax withholding on this vesting, 478 common shares were withheld by the company, leaving her with 22,122 directly held common shares and 7,727 restricted stock units. She also reports indirect ownership of 60 common shares held by her children and 1,868 common shares held in an IRA, which includes 1,762 shares acquired under the employee stock purchase plan as of March 9, 2026. Remaining restricted stock units are scheduled to vest in several tranches between February 2027 and February 2029.
Shore Bancshares executive Charles E. Ruch Jr. reported the vesting and conversion of restricted stock units into common stock, along with tax-share withholding.
On March 7, 2026, 1,104 restricted stock units converted into 1,104 shares of common stock at no cash cost. To cover tax obligations tied to this vesting, 386 shares of common stock were withheld by the company, and no shares were sold by the executive. Following these transactions, he directly held 7,918 shares of common stock and 3,814 restricted stock units. Footnotes describe additional RSU tranches scheduled to vest in 2027 and 2028.
Shore Bancshares director Joseph A. Slater Jr. reported an open-market sale of 1,802 shares of Shore Bancshares common stock. The weighted average sale price was $18.78 per share, with individual trades occurring between $18.77 and $18.79. After this transaction, he directly owns 66,634 shares of the company’s common stock.
Shore Bancshares Inc EVP Chief Internal Audit Officer Virginia Marie Anderson reported equity award activity involving company stock. On February 27, 2026, 696 restricted stock units were exercised into 696 shares of common stock at a stated price of $0.0000 per share, increasing her direct common stock holdings to 1,607 shares.
To cover tax withholding related to this RSU vesting, 269 common shares were withheld by the issuer, reducing her directly held common shares to 1,338, as noted in the footnotes that no shares were sold by her. Following these transactions, she directly holds 3,156 restricted stock units. Footnotes also outline additional RSU tranches scheduled to vest between March 6, 2026 and February 17, 2029.
Shore Bancshares EVP and Chief Banking Officer Brian Scot Ebron reported equity award activity involving restricted stock units and common stock. On February 27, 2026, he acquired 1,664 shares of common stock through the exercise and vesting of restricted stock units at $0.00 per share.
To cover related tax obligations, 511 common shares were withheld by the issuer, and no shares were sold by Ebron. After these transactions, he held 24,603 shares of common stock directly and 36,967 shares indirectly through an IRA. Footnotes note that restricted stock units convert to common stock on a one-for-one basis and that additional RSUs are scheduled to vest on specified future dates.
Shore Bancshares EVP Christy Lombardi reported routine equity award activity. On February 27, 2026, 1,432 restricted stock units were exercised and converted into 1,432 shares of common stock at a stated price of $0.00 per share. To cover tax withholding on the RSU vesting, the issuer withheld 483 shares of common stock; no shares were sold by Lombardi in the market. After these transactions, Lombardi directly owned 56,169 shares of common stock and 10,210 restricted stock units, plus an additional 6,555 common shares held indirectly through an IRA, which includes 204 shares acquired under the Shore Bancshares, Inc. Employee Stock Purchase Plan as of March 3, 2026.