Shore Bancshares SHBI Insider Ownership

NASDAQ SHBI

$22.45 +0.05 (+0.22%)

At close: Nov 6, 2026 · 4:00 PM EST

Insider Holdings by Owner

2.00Mn Shares

Alan J Hyatt939.00K47.0%

Lloyd L Jr Beatty114.71K5.7%

James M Burke90.11K4.5%

Edward Lawrence Iii Sanders72.86K3.6%

A Joseph Jr Slater66.63K3.3%

Other insiders (34)714.44K35.8%

Insider Ownership Statistics

as of 30 Sep, 2026

Insider Ownership

6.15%

▲+0.081% pp QoQ

Shares Held by Insiders

2.06Mn

filed for Sep 2026

▲+1.33% QoQ

Shares Outstanding

33.45Mn

33,451,484 shares

Direct Holdings

1.77Mn

Indirect: 285.07K

Net Open-Market Trades

+300

net bought · $7.37K in Sep 2026

Insiders Holding Shares

with Form 4 holdings on file

Shares Owned by Insiders

Shares held % of outstanding

Latest —

Average ownership —

Peak ownership —

Open-Market Insider Trades

Bought Sold

Latest quarter —

Net over range —

Net-buying quarters —

Insider Ownership Summary

Updated Oct 30, 2026

Across the past 12 months, open-market trades by Shore Bancshares insiders totaled $240,619 in purchases (13.51K shares) and $33,842 in sales (1.8K shares).

Behind Shore Bancshares' open-market trades in the past 12 months were 5 insiders buying and one insider selling.
Among Shore Bancshares insiders, Aaron Michael Kaslow (EVP, Chief Legal Officer) led open-market buying over the past 12 months with $101,140 of purchases (6.5K shares); the latest was on November 18, 2025.
On the sell side, A. Joseph Slater Jr. (Director) led open-market sales of Shore Bancshares stock over the past 12 months with $33,842 (1.8K shares), most recently on March 2, 2026.
The newest open-market trade among Shore Bancshares insiders came on October 27, 2026, when John Lamon (Director) made a purchase of 338 shares for $7,754.
Away from the open market, SHBI insiders acquired 49.83K shares through option exercises and conversions and gave up 27.57K shares to cover taxes or exercise prices over the last 12 months.
According to Business Quant data, insiders at Shore Bancshares reported 2.06Mn shares in total in their latest Form 4 filings, up 1.35% from 2.03Mn shares at the end of Q2 2026 and down 4.96% from 2.16Mn shares at the end of Q3 2025.
By type of ownership, SHBI insiders hold 86.14% of their shares directly (1.77Mn shares) and 13.86% indirectly (285.07K shares).
Holdings in Shore Bancshares stock are reported by 28 insiders, the officers, directors and 10% owners who have filed a Form 4 in the past two years.
SHBI's three largest insider shareholders, per their latest Form 4 filings, are Alan J. Hyatt (Director, 952.54K shares), James M. Burke (President & CEO, 98.19K shares) and Edward Lawrence Sanders III (Director, 89.33K shares).
Alan J. Hyatt holds 46.30% of the combined insider position in Shore Bancshares.
Institutional investors held 68.07% of Shore Bancshares stock at the end of Q2 2026, while the latest Form 4 filings of its insiders account for about 6.15%; other investors, including the public, hold roughly 25.78%.
Over the trailing 12 months, 24 insiders reported transactions in SHBI stock across 64 Form 4 filings.
This summary of Shore Bancshares insider activity covers Form 4 filings through October 29, 2026.

Form 4 Holdings

Insiders Holding SHBI

Insiders 39

Shares held 2.00Mn

Of outstanding 5.97%

#	Insider	Position	Direct	Indirect	Total	Share of Insiders	Last Filed
1	Alan J Hyatt	Director	939,004	0	939,004	47.0%	31 Jul, 2026
2	Lloyd L Jr Beatty	President / Ceo	114,706	0	114,706	5.7%	09 Feb, 2023
3	James M Burke	President Ceo	90,107	0	90,107	4.5%	09 Mar, 2026
4	Edward Lawrence Iii Sanders	Director	72,856	0	72,856	3.6%	31 Jul, 2026
5	A Joseph Jr Slater	Director	66,634	0	66,634	3.3%	03 Mar, 2026
6	John Lamon	Director	65,514	0	65,514	3.3%	29 Oct, 2026
7	Louis P Jr Jenkins	Director	64,510	0	64,510	3.2%	31 Jul, 2026
8	Christy Lombardi	Evp, Chief Human Resources Ofc	57,900	0	57,900	2.9%	09 Mar, 2026
9	Michael Brian Adams	Director	48,416	0	48,416	2.4%	31 Jul, 2026
10	Todd L Capitani	Evp, Special Advisor To Ceo	40,617	0	40,617	2.0%	02 Jul, 2025
11	Frank E Iii Mason	Director	39,255	0	39,255	2.0%	03 Jan, 2025
12	Lacey Amanda Pierce	Chief Strategyprojectofficer	38,709	0	38,709	1.9%	09 Mar, 2026
13	R. Michael Clemmer	Director	32,466	0	32,466	1.6%	31 Jul, 2026
14	Clyde V. Iii Kelly	Director	27,194	0	27,194	1.4%	03 Jun, 2024
15	Andrea E. Colender	Evp, Chief Legal Officer	26,972	0	26,972	1.4%	02 Jul, 2025
16	Brian Scot Ebron	Evp, Chief Banking Officer	26,388	0	26,388	1.3%	09 Mar, 2026
17	Konrad Wayson	Director	24,573	0	24,573	1.2%	31 Jul, 2026
18	Donna J. Stevens	Evp, Chief Operating Officer	22,122	0	22,122	1.1%	09 Mar, 2026
19	Joseph V Jr Stone	Director	20,575	0	20,575	1.0%	02 Oct, 2023
20	Blenda W Armistead	Director	18,525	0	18,525	0.9%	01 Feb, 2023
21	Jeffrey E. Thompson	Director	17,253	0	17,253	0.9%	03 Feb, 2023
22	Talal Tay	Evp, Chief Risk Officer	16,683	0	16,683	0.8%	09 Mar, 2026
23	Edward Conley Jr. Allen	Cfo, Shore Bancshares	14,682	0	14,682	0.7%	23 Feb, 2022
24	David S. Jones	Director	13,960	0	13,960	0.7%	31 Jul, 2026
25	Dawn M. Willey	Director	0	12,000	12,000	0.6%	01 Dec, 2025
26	James A Judge	Director	11,663	0	11,663	0.6%	03 Feb, 2023
27	David W. Moore	Director	11,056	0	11,056	0.6%	03 Jun, 2024
28	Rebecca Middleton Mcdonald	Director	10,318	0	10,318	0.5%	31 Jul, 2026
29	Michael T. Cavey	Officer	9,427	0	9,427	0.5%	18 May, 2023
30	Jr. Charles E. Ruch,	Evp, Chief Credit Officer	7,918	0	7,918	0.4%	09 Mar, 2026
31	Mary Todd Peterson	Director	7,864	0	7,864	0.4%	03 Jun, 2024
32	Aaron Michael Kaslow	Evp, Chief Legal Officer	6,500	0	6,500	0.3%	20 Nov, 2025
33	Vance W. Adkins	Evp Cfo/Treasurer	6,389	0	6,389	0.3%	14 Feb, 2023
34	William E. Iii Esham	Director	0	5,510	5,510	0.3%	09 Feb, 2026
35	Charles S Cullum	Evp, Chief Financial Officer	3,796	0	3,796	0.2%	25 Aug, 2026
36	Noah Edward Stayton	Evp, Chief Information Officer	2,441	0	2,441	0.1%	25 Aug, 2026
37	Virginia Marie Anderson	Evp Chief Internal Audit Off.	1,422	0	1,422	0.1%	09 Mar, 2026
38	Jennifer Joseph	Officer	1,169	0	1,169	0.1%	23 Feb, 2022
39	Esther A. Streete	Director	657	0	657	0.0%	02 Jun, 2025

Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.

Form 4 Filings

906 Insider Transactions

Source SEC Form 4

Latest quarter Sep 2026

Date	Insider	Position	Transaction	Shares	Price	Value	Shares Held After	Ownership
27 Oct, 2026	John Lamon	Director	Acquired P	338	$22.94	$7.75K	65,514	Direct
21 Aug, 2026	Charles S Cullum	Evp, Chief Financial Officer	Acquired M	1,581	—	—	4,329	Direct
21 Aug, 2026	Noah Edward Stayton	Evp, Chief Information Officer	Acquired M	3,692	—	—	3,692	Direct
21 Aug, 2026	Noah Edward Stayton	Evp, Chief Information Officer	Disposed F	1,251	$0.00	$0	2,441	Direct
21 Aug, 2026	Charles S Cullum	Evp, Chief Financial Officer	Disposed F	533	$0.00	$0	3,796	Direct
21 Aug, 2026	Charles S Cullum	Evp, Chief Financial Officer	Disposed M	1,581	$0.00	$0	27,934	Direct
21 Aug, 2026	Noah Edward Stayton	Evp, Chief Information Officer	Disposed M	3,692	$0.00	$0	10,321	Direct
03 Aug, 2026	John Lamon	Director	Acquired P	300	$24.57	$7.37K	65,122	Direct
29 Jul, 2026	Edward Lawrence Iii Sanders	Director	Acquired M	2,310	—	—	72,856	Direct
29 Jul, 2026	R. Michael Clemmer	Director	Acquired M	2,310	—	—	32,466	Direct
29 Jul, 2026	Charles S Cullum	Evp, Chief Financial Officer	Acquired M	4,161	—	—	4,161	Direct
29 Jul, 2026	David S. Jones	Director	Acquired M	2,310	—	—	13,960	Direct
29 Jul, 2026	Louis P Jr Jenkins	Director	Acquired M	2,310	—	—	64,510	Direct
29 Jul, 2026	Konrad Wayson	Director	Acquired M	2,310	—	—	24,573	Direct
29 Jul, 2026	Michael Brian Adams	Director	Acquired M	2,310	—	—	48,416	Direct
29 Jul, 2026	Rebecca Middleton Mcdonald	Director	Acquired M	2,310	—	—	10,318	Direct
29 Jul, 2026	John Lamon	Director	Acquired M	2,310	—	—	64,822	Direct
29 Jul, 2026	Alan J Hyatt	Director	Acquired M	2,310	—	—	939,004	Direct
29 Jul, 2026	John Lamon	Director	Disposed M	2,310	$0.00	$0	1,855	Direct
29 Jul, 2026	Louis P Jr Jenkins	Director	Disposed M	2,310	$0.00	$0	1,855	Direct

Showing 1 to 20 of 906 transactions