Shore Bancshares Inc director John Lamon filed a Form 4 on October 29, 2026, disclosing a purchase of 338 shares of common stock on October 27, 2026, under the company's Dividend Reinvestment Plan.

Key Highlights

  • Purchase transaction: John Lamon acquired 338 shares of Shore Bancshares common stock on October 27, 2026, at a price of $22.94 per share.
  • Plan-based acquisition: According to the filing, the acquisition was an exempt purchase under the Shore Bancshares Dividend Reinvestment Plan, pursuant to Rule 16a-11.
  • Post-transaction ownership: Following the transaction, Lamon beneficially owned 65,514 shares of common stock directly, including 56,403 shares owned jointly with his spouse.
  • Restricted stock units: The filing also discloses 1,855 restricted stock units, each representing a contingent right to receive one share of SHBI common stock, vesting on May 21, 2027.
  • Reporting person role: Lamon is identified in the filing as a director of Shore Bancshares Inc, traded on NASDAQ:SHBI.

John Lamon's October 2026 Dividend Reinvestment Purchase at Shore Bancshares

Director John Lamon of Shore Bancshares Inc (NASDAQ:SHBI) reported a change in beneficial ownership through a Form 4 filed on October 29, 2026. The filing covers a single open-market acquisition dated October 27, 2026, in which Lamon acquired 338 shares of the company's common stock at $22.94 per share. The filing characterizes the transaction as an exempt acquisition under the Shore Bancshares Dividend Reinvestment Plan, pursuant to Rule 16a-11.

Following the reported transaction, Lamon's total direct beneficial ownership stood at 65,514 shares. According to the filing, this figure includes 56,403 shares owned jointly with the reporting person's spouse. The filing notes that the ownership form for these shares is listed as direct.

In addition to the common stock position, the filing discloses 1,855 restricted stock units held by Lamon. The filing states that each restricted stock unit represents a contingent right to receive one share of SHBI common stock, and that the units vest on May 21, 2027. The Form 4 was signed by Christy Lombardi as attorney in fact for John A. Lamon, and dated October 29, 2026.

What Was Disclosed

The filing reports a Dividend Reinvestment Plan purchase of 338 common shares at $22.94 by director John Lamon on October 27, 2026, bringing his total direct beneficial ownership to 65,514 shares, alongside 1,855 unvested restricted stock units.