Dimensional Fund Advisors LP Reports New 5% Stake in Shore Bancshares Inc (SHBI)

On April 9, 2026, Dimensional Fund Advisors LP filed a Schedule 13G with the SEC, reporting a new 5.0% ownership stake in Shore Bancshares Inc (SHBI). As of the event date on March 31, 2026, the investment advisor beneficially owns 1,683,403 shares of common stock. Dimensional Fund Advisors LP serves as an investment manager or sub-adviser to various registered investment companies, trusts, and separate accounts (collectively, the "Funds"). The filing indicates that Dimensional holds sole voting power over 1,648,578 shares and sole dispositive power over the full 1,683,403 shares. Dimensional expressly disclaims beneficial ownership of these securities, noting that the shares are owned by the underlying Funds. The acquisition was made in the ordinary course of business and not with the intent to change or influence the control of the issuer. This filing marks an increase from a previously reported zero position, crossing the 5% regulatory reporting threshold for the Maryland-based bank holding company.