SEC Filing Summary
Edward Lawrence Sanders III, a director at SHORE BANCSHARES INC, acquired 2,310 shares of common stock on July 29, 2026, through the company's Dividend Reinvestment Plan. This transaction is considered an exempt acquisition under Rule 16a-11. Following this acquisition, Sanders III directly owns 72,856 shares. Additionally, he has indirect ownership of common stock through various holdings: 10,515 shares held in an IRA, 5,958 shares in his spouse's IRA, and 6,447 shares held in a trust. The filing also notes the conversion of 2,310 Restricted Stock Units (RSUs) into common stock on the same date. These RSUs, which represent a contingent right to receive one share of common stock each, vested on July 29, 2026. A portion of the RSUs, specifically 1,855 units, are scheduled to vest on May 21, 2027. The price per share for the acquired shares was $0.0, as indicated by footnote F1 which states that RSUs convert into common stock on a one-for-one basis. The filing was signed by Christy Lombardi, acting as an attorney-in-fact for Edward Lawrence Sanders III, on July 31, 2026.