Shore Bancshares Ownership

Who are the major shareholders and have insiders been buying or selling?

Recent Insider Transactions

NasdaqGS:SHBI Recent Insider Transactions by Companies or Individuals
Date	Value	Name	Entity	Shares	Max Price
02 May 25	BuyUS$71,248	Konrad Wayson	Individual	5,000	US$14.25
02 May 25	BuyUS$7,922	Michael Adams	Individual	560	US$14.15
20 Feb 25	BuyUS$4,993	Donna Stevens	Individual	315	US$15.85
04 Feb 25	BuyUS$15,363	Michael Adams	Individual	965	US$15.92
25 Nov 24	BuyUS$50,820	Konrad Wayson	Individual	3,000	US$16.94
04 Jun 24	BuyUS$6,581	John Lamon	Individual	605	US$10.88

Insider Trading Volume

Insider Buying: SHBI insiders have bought more shares than they have sold in the past 3 months.

Ownership Breakdown

What is the ownership structure of SHBI?
Owner Type	Number of Shares	Ownership Percentage
Private Companies	46,471	0.139%
Individual Insiders	2,965,249	8.88%
General Public	10,535,759	31.6%
Institutions	19,826,786	59.4%

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 48.88% of the company

Ownership	Name	Shares	Current Value	Change %	Portfolio %
9.79%	BlackRock, Inc.	3,266,960	US$47.3m	6.35%	no data
5.3%	Alan Hyatt	1,769,824	US$25.6m	0%	no data
4.98%	The Vanguard Group, Inc.	1,661,598	US$24.1m	1.19%	no data
4.42%	Dimensional Fund Advisors LP	1,475,143	US$21.4m	9.56%	no data
2.85%	Manulife Asset Management	952,146	US$13.8m	0.3%	0.01%
2.14%	Geode Capital Management, LLC	713,920	US$10.3m	1.5%	no data
2.13%	Fourthstone LLC	710,862	US$10.3m	-76.1%	1.63%
1.86%	State Street Global Advisors, Inc.	621,496	US$9.0m	1.51%	no data
1.78%	American Century Investment Management Inc	594,103	US$8.6m	26.6%	no data
1.72%	Sandy Spring Bank, Asset Management Arm	573,502	US$8.3m	0%	0.34%
1.21%	1st & Main Growth Partners	403,809	US$5.8m	1.25%	0.77%
1.19%	Renaissance Technologies LLC	396,015	US$5.7m	-1.64%	0.01%
1.05%	AllianceBernstein L.P.	351,440	US$5.1m	-29.7%	no data
0.99%	Arrowstreet Capital, Limited Partnership	328,877	US$4.8m	252%	no data
0.85%	Tontine Management, LLC	283,410	US$4.1m	0%	0.13%
0.8%	Teachers Insurance and Annuity Association-College Retirement Equities Fund	268,580	US$3.9m	144%	no data
0.77%	Northern Trust Global Investments	256,831	US$3.7m	-7.76%	no data
0.72%	Morgan Stanley, Investment Banking and Brokerage Investments	241,678	US$3.5m	-0.76%	no data
0.68%	Bridgeway Capital Management, LLC	226,700	US$3.3m	62.5%	0.06%
0.67%	Hotchkis and Wiley Capital Management, LLC	222,634	US$3.2m	-17.8%	0.01%
0.62%	BNY Asset Management	208,324	US$3.0m	8.28%	no data
0.62%	Qube Research & Technologies Ltd	207,158	US$3.0m	604%	no data
0.61%	Mendon Capital Advisors Corp	205,164	US$3.0m	-11.5%	1.49%
0.59%	Siena Capital Partners GP, LLC	195,287	US$2.8m	0%	0.82%
0.53%	Wellington Management Group LLP	176,540	US$2.6m	3.58%	no data

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/05/29 05:26
End of Day Share Price	2025/05/29 00:00
Earnings	2025/03/31
Annual Earnings	2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Shore Bancshares, Inc. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Cary Morris	BB&T Capital Markets
Matthew Schultheis	Boenning & Scattergood, Inc.
John Rodis	Janney Montgomery Scott LLC