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. chief strategy and project officer Amanda Pierce Lacey reported equity award activity in the company’s stock. On February 27, 2026, 1,277 restricted stock units were exercised and converted into the same number of common shares at $0.00 per share, reflecting vesting of previously granted awards. The issuer then withheld 424 common shares to cover tax obligations related to this vesting, and the footnotes state that no shares were sold by the reporting person.
After these transactions, the officer directly held 37,445 shares of common stock and 8,449 restricted stock units. The filing also shows indirect ownership of common stock, including 3,963 shares by an IRA, 24,784 shares by a spouse and 4,919 shares by a spouse IRA, reflecting additional long-term holdings associated with the reporting person.
Shore Bancshares EVP and Chief Credit Officer Charles E. Ruch, Jr. reported equity award activity involving restricted stock units and common stock. On February 27, 2026, 1,354 restricted stock units were exercised and converted into 1,354 shares of Shore Bancshares common stock at a stated price of $0.0000 per share. To cover tax withholding obligations tied to this RSU vesting, 454 shares of common stock were withheld by the issuer, and the footnotes clarify that no shares were sold by Ruch in the market. After these transactions, he directly owned 4,918 restricted stock units and 7,200 shares of common stock. Footnotes also describe a scheduled vesting pattern for additional restricted stock units through 2028 and reference an increase in beneficial ownership from dividends reinvested under the company’s dividend reinvestment plan.
Shore Bancshares EVP and COO Donna J. Stevens reported equity award activity and updated holdings. On February 27, 2026, she exercised 1,470 restricted stock units, which converted into the same number of common shares at no cash exercise price. To cover tax withholding on the RSU vesting, 496 common shares were withheld by the company, and the footnotes clarify that no shares were sold by Stevens. After these transactions, she directly holds 21,238 common shares and 9,089 restricted stock units, plus indirect holdings of common stock through an IRA and for her children.
SHORE BANCSHARES INC President & CEO James M. Burke reported equity award activity involving restricted stock units and common shares. On February 27, 2026, 5,806 restricted stock units were exercised and converted into 5,806 shares of common stock at no cash price, increasing his directly held common stock to 84,974 shares before tax withholding.
To cover tax obligations related to this RSU vesting, 1,954 common shares were withheld by the issuer, reducing his directly held common stock to 83,020 shares; no shares were sold by Burke. He also reports indirect ownership of 8,082 common shares held by an IRA.
Shore Bancshares EVP and Chief Risk Officer Talal Tay reported equity award activity involving restricted stock units and common shares. On February 27, 2026, he exercised 1,393 restricted stock units, which converted into 1,393 shares of SHBI common stock on a one-for-one basis at no cash exercise price.
To cover tax withholding obligations tied to this RSU vesting, the issuer withheld 428 shares of common stock, and no shares were sold by Tay. After these transactions, he held 15,197 shares of common stock directly and 9,422 restricted stock units, with additional RSU tranches scheduled to vest on future dates. He also held 1,004 shares of common stock indirectly through an IRA, and his direct holdings included 1,969 shares acquired under the employee stock purchase plan as of March 3, 2026.
Shore Bancshares, Inc. files its annual report describing a growing community banking franchise anchored by Shore United Bank across Maryland, Delaware and Virginia. The bank offers a broad mix of commercial and consumer lending, deposits, mortgage banking, trust, wealth management and cannabis-related business banking.
The report highlights its 2023 acquisition of The Community Financial Corporation, adding Southern Maryland and Fredericksburg, Virginia, and notes a commercial real estate portfolio of $2.64 billion, or 53.95% of total loans, and related regulatory concentration metrics. Management discusses human capital priorities, competitive pressures from banks and fintechs, and extensive supervision by the Federal Reserve, OCC, FDIC and CFPB-related rules. Detailed risk factors cover interest-rate and inflation pressures, liquidity, credit quality, commercial real estate and residential mortgage exposure, cannabis banking legal uncertainty, cybersecurity, BSA/AML compliance, and potential impairments to securities, goodwill and deferred tax assets.
Augustus John William III reported acquisition or exercise transactions in this Form 4 filing.
Shore Bancshares EVP Augustus John William III reported a corrected equity award. On February 17, 2026, he was granted 5,288 restricted stock units, each representing one share of SHBI common stock. This Form 4/A amends a prior filing that mistakenly reported 2,700 units.
The RSUs vest in three annual installments starting on February 17, 2027. The schedule is 1,762 units on February 17, 2027, 1,763 units on February 17, 2028, and 1,763 units on February 17, 2029, aligning the award with long-term performance and retention.
Shore Bancshares EVP and Chief Risk Officer Talal Tay received a grant of 3,249 restricted stock units on February 17, 2026. Each unit represents a contingent right to one share of SHBI common stock and will vest in three installments beginning on February 17, 2027, the first anniversary of the award date.
After this grant, Tay holds 10,815 restricted stock units. Direct common stock holdings total 14,232 shares as of February 19, 2026, including 1,969 shares acquired through the employee stock purchase plan, and 1,004 additional common shares are held indirectly through an IRA.
STEVENS DONNA J. reported acquisition or exercise transactions in this Form 4 filing.
Shore Bancshares Inc. executive vice president and chief operating officer Donna J. Stevens received a grant of 3,423 restricted stock units on February 17, 2026. Each unit represents a contingent right to receive one share of SHBI common stock at no cash cost.
The new award vests in three installments beginning on February 17, 2027, the first anniversary of the grant date. After this grant, Stevens directly holds 10,559 restricted stock units. She also beneficially owns common stock directly and indirectly, including shares held in an IRA and by her children, as reflected in the updated ownership balances.
Stayton Noah Edward reported acquisition or exercise transactions in this Form 4 filing.
SHORE BANCSHARES INC executive Noah Edward Stayton received a grant of 2,935 restricted stock units (RSUs) on February 17, 2026. The award was reported at a grant price of $0.00 per unit and brings his directly owned RSU total to 14,013 units.
Each RSU represents a contingent right to receive one share of SHBI common stock. The newly granted RSUs vest in three installments beginning on February 17, 2027, the first anniversary of the grant date, with the remaining RSUs subject to scheduled vesting through February 17, 2029.