Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-31

Shore Bancshares Inc (SHBI)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$1,772,098
James Burke total, FY2025
52nd
CEO pay percentile vs peers
25.6:1
CEO-to-median pay ratio
97.57%
Say-on-pay support, latest vote
Companies that benchmark against SHBI
9 companies name SHBI as a compensation peer

Each company listed discloses SHBI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SHBI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
James Burke$700,000$0$524,978$0$397,717$111,642$37,761$1,772,098
President and Chief Executive Officer
Charles Cullum302,65434,400550,4950171,018018,4001,076,967
Executive Vice President and Chief Financial Officer
Donna Stevens380,0000132,9780151,132143,59123,031830,732
Executive Vice President and Chief Operating Officer
B. Scot Ebron430,00034,400150,4900171,018018,075803,983
Executive Vice President and Chief Banking Officer
Christy Lombardi370,0000129,4820147,15544,58827,235718,460
Executive Vice President and Chief Human Resources Officer
Todd Capitani250,1920139,97000118,39660,451569,009
Former Chief Financial Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
James Burke$1,772,098$1,171,590$799,020+600,508
Charles Cullum1,076,967
Donna Stevens830,732666,101643,491+164,631
B. Scot Ebron803,983
Christy Lombardi718,460582,843
Todd Capitani569,009741,371−172,362

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Dividend-equivalent accruals2026-05-2116,6959 insiders, 9 accrual rows
Michael B. AdamsDirector2026-05-21A175203,551CommonForm 4 ↗
Rebecca M. McDonaldDirector2026-07-29A2,310CommonForm 4 ↗
Rebecca M. McDonaldDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
E. Lawrence Sanders, IIIDirector2026-07-29A2,310CommonForm 4 ↗
Konrad M. WaysonDirector2026-07-29A2,310CommonForm 4 ↗
Charles CullumEVP, Chief Financial Officer2026-07-29A4,161CommonForm 4 ↗
Charles CullumEVP, Chief Financial Officer2026-07-29D4,16100Derivative, Class A CommonForm 4 ↗
Charles CullumEVP, Chief Financial Officer2026-07-29D1,41300CommonForm 4 ↗
Michael B. AdamsDirector2026-07-29A2,310CommonForm 4 ↗
Louis P. Jenkins, JrDirector2026-07-29A2,310CommonForm 4 ↗
E. Lawrence Sanders, IIIDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
David S. JonesDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
Konrad M. WaysonDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
Michael B. AdamsDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
R. Michael Clemmer, JrDirector2026-07-29A2,310CommonForm 4 ↗
R. Michael Clemmer, JrDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
Alan J. HyattDirector2026-07-29A2,310CommonForm 4 ↗
Alan J. HyattDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
Louis P. Jenkins, JrDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
David S. JonesDirector2026-07-29A2,310CommonForm 4 ↗
John A. Lamon, IIIDirector2026-07-29A2,310CommonForm 4 ↗
John A. Lamon, IIIDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 31 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
R. Michael Clemmer, JrDirector2026-05-21A1,855$0$0Derivative, Class A CommonForm 4 ↗
Rebecca M. McDonaldDirector2026-05-21A1,85500Derivative, Class A CommonForm 4 ↗
Michael B. AdamsDirector2026-05-21A175203,551CommonForm 4 ↗
John A. Lamon, IIIDirector2026-05-21A1,85500Derivative, Class A CommonForm 4 ↗
Konrad M. WaysonDirector2026-05-21A1,85500Derivative, Class A CommonForm 4 ↗
Louis P. Jenkins, JrDirector2026-05-21A1,85500Derivative, Class A CommonForm 4 ↗
Michael B. AdamsDirector2026-05-21A1,85500Derivative, Class A CommonForm 4 ↗
Alan J. HyattDirector2026-05-21A1,85500Derivative, Class A CommonForm 4 ↗
E. Lawrence Sanders, IIIDirector2026-05-21A1,85500Derivative, Class A CommonForm 4 ↗
David S. JonesDirector2026-05-21A1,85500Derivative, Class A CommonForm 4 ↗
Rebecca M. McDonaldDirector2026-07-29A2,310CommonForm 4 ↗
Rebecca M. McDonaldDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
E. Lawrence Sanders, IIIDirector2026-07-29A2,310CommonForm 4 ↗
Konrad M. WaysonDirector2026-07-29A2,310CommonForm 4 ↗
Charles CullumEVP, Chief Financial Officer2026-07-29A4,161CommonForm 4 ↗
Charles CullumEVP, Chief Financial Officer2026-07-29D4,16100Derivative, Class A CommonForm 4 ↗
Charles CullumEVP, Chief Financial Officer2026-07-29D1,41300CommonForm 4 ↗
Michael B. AdamsDirector2026-07-29A2,310CommonForm 4 ↗
Louis P. Jenkins, JrDirector2026-07-29A2,310CommonForm 4 ↗
E. Lawrence Sanders, IIIDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
David S. JonesDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
Konrad M. WaysonDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
Michael B. AdamsDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
R. Michael Clemmer, JrDirector2026-07-29A2,310CommonForm 4 ↗
R. Michael Clemmer, JrDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
Alan J. HyattDirector2026-07-29A2,310CommonForm 4 ↗
Alan J. HyattDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
Louis P. Jenkins, JrDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
David S. JonesDirector2026-07-29A2,310CommonForm 4 ↗
John A. Lamon, IIIDirector2026-07-29A2,310CommonForm 4 ↗
John A. Lamon, IIIDirector2026-07-29D2,31000Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
B. Scot EbronRSU2025-02-274,993$75,245
Christy LombardiRSU2025-02-274,29664,741
Charles CullumRSU2025-11-1912,571200,005
James BurkePSU2025-02-278,70917,41826,127262,489
B. Scot EbronPSU2025-02-272,4974,9937,49075,245
Todd CapitaniPSU2025-02-272,3224,6446,96669,985
Donna StevensRSU2025-02-274,41266,489
Charles CullumPSU2025-08-212,3724,7447,11675,240
James BurkeRSU2025-02-2717,418262,489
Charles CullumRSU2025-08-214,74475,240
Donna StevensPSU2025-02-272,2064,4126,61866,489
Charles CullumRSU2025-07-2912,485200,010
Todd CapitaniRSU2025-02-274,64469,985
Christy LombardiPSU2025-02-272,1484,2966,44464,741
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
B. Scot Ebron$75,245$75,245$050.0%
Christy Lombardi64,74164,741050.0%
Charles Cullum475,25575,240013.7%
James Burke262,489262,489050.0%
Todd Capitani69,98569,985050.0%
Donna Stevens66,48966,489050.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Charles CullumRSU12,571$222,255
B. Scot EbronRSU4,99388,276
B. Scot EbronPSU4,99388,276
Charles CullumRSU4,74483,874
Charles CullumPSU4,74483,874
Donna StevensPSU4,41278,004
B. Scot EbronPSU4,30676,130
Christy LombardiRSU4,29675,953
Donna StevensPSU4,08572,223
Christy LombardiRSU1,36024,045
B. Scot EbronRSU1,19221,075
James BurkePSU17,418307,950
Christy LombardiPSU4,29675,953
Christy LombardiRSU2,65046,852
Charles CullumRSU12,485220,735
B. Scot EbronRSU2,87150,759
Donna StevensRSU4,41278,004
James BurkePSU14,037248,174
Christy LombardiPSU3,97570,278
Donna StevensRSU2,72448,160
James BurkeRSU9,358165,449
James BurkeRSU6,260110,677
James BurkeRSU17,418307,950
05

Incentive-plan design — the Compensation Discussion & Analysis

Our goal is to ensure that our compensation programs are competitive in attracting, motivating, and retaining high level executive talent, are commensurate with our financial performance, and are aligned with the interests of our stockholders.

CEO STI target (% of salary)50%
CEO LTI target (% of salary)
Independent consultantAon
Clawback policytrue
Anti-hedging
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2023,842,167593,66980,47597.57%Passed
20252025-06-0420,495,1921,481,951367,28293.26%Passed
20242024-06-0522,720,5791,336,95372,69394.44%Passed
20222022-05-2412,772,440842,438161,42493.81%Passed
20202020-04-227,455,0231,581,983107,38682.49%Passed
20192019-04-247,790,0281,318,104147,33485.53%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-2097.57%a
20252025-06-0493.26%b
20242024-06-0594.44%c

a. Approved under the standard stated in the filing — “Abstentions, "broker non-votes" (explained below) and failure to cast a vote are not considered "votes cast" and will therefore have no effect on the voting outcome of the election of directors, the advisory vote on executive compensation, or the ratification of the appointment of Crowe LLP as our independent registered public accounting firm.”.

b. Approved under the standard stated in the filing — “Abstentions will be counted for purposes of determining the presence of a quorum but will have no impact on the outcome of the vote on Proposal 4.”.

c. Approved under the standard stated in the filing — “Withholding of a vote, abstentions and broker non-votes will have no effect on the outcome of this vote, although they are counted towards establishing a quorum for the Annual Meeting.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)25.6 : 1
CEO total compensation$1,772,098
Median employee compensation$69,162
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Alan J. HyattNot independent · Board Chair · Executive (Chair)$55,000$37,006$0$0$150,793$242,799
Austin J. Slater, JrIndependent · Lead Independent Director45,00037,0060079382,799
R. Michael Clemmer, JrIndependent · Board Risk Oversight (Chair) · Executive · Strategic Initiatives & Technology40,00037,0060079377,799
Clyde V. Kelly, IIIIndependent · Compensation · Executive · Governance (Chair)40,00037,0060079377,799
Rebecca M. McDonaldIndependent · Audit (Chair) · Board Risk Oversight · Executive · Strategic Initiatives & Technology40,00037,0060079377,799
Louis P. Jenkins, JrIndependent · Audit · Compensation (Chair) · Executive · Governance · Strategic Initiatives & Technology40,00037,0060079377,799
Michael B. AdamsIndependent · Compensation · Strategic Initiatives & Technology (Chair)40,00037,0060079377,799
William E. Esham, IIIIndependent · Compensation · Executive40,00037,0000077,000
Esther A. StreeteIndependent · Audit · Board Risk Oversight · Executive · Trust (Chair)40,00037,0000077,000
Konrad M. WaysonIndependent · Audit · Board Risk Oversight35,00037,006001,86973,875
David S. JonesIndependent · Compensation · Governance · Strategic Initiatives & Technology35,00037,0060079372,799
E. Lawrence Sanders, IIIIndependent · Board Risk Oversight · Credit35,00037,0060079372,799
John A. Lamon, IIIIndependent · Audit · Compensation · Governance35,00037,0060079372,799
Dawn M. WilleyIndependent · Board Risk Oversight · Strategic Initiatives & Technology35,00037,0000079372,793
David W. MooreIndependent · Compensation · Governance · Strategic Initiatives & Technology35,00037,0000072,000
Mary Todd PetersonIndependent · Departed during FY22,5000018,29340,793
Frank E. Mason, IIIIndependent · Departed during FY14,6160019,36933,985
James M. BurkeEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$35,000
Annual equity retainer$37,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)10,000 / 20,000
Stock ownership guideline$175,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$627,116
Equity awards (grant-date value)$555,066
All other compensation$198,254
Total cost of the board$1,380,436

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Shore Bancshares Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Shore Bancshares Inc.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Tompkins Financial Corporation2025Stephen Romaine$890,000$629,769$0$594,000$3,221,209
2Eagle Bancorp, Inc.2024Susan Riel952,7282,017,169003,063,169
3Park National Corporation2025David Trautman770,833900,03602,977,449
4Civista Bancshares, Inc.2025Dennis Shaffer573,657166,2460258,1462,894,036
5S&T Bancorp, Inc.2025Christopher McComish806,077888,7990620,2992,398,854
6Financial Institutions, Inc.2025Martin Birmingham798,2441,017,0620487,5442,385,669
7Mid Penn Bancorp, Inc.2025Rory Ritrievi773,077257,2000334,4002,209,726
8Primis Financial Corp.2025Dennis Zember, Jr.748,590912,6000435,5782,185,079
9Univest Financial Corporation2025Jeffrey Schweitzer830,000539,5330663,2342,097,674
10First Commonwealth Financial Corporation2025T. Michael Price700,000515,7460745,0632,000,604
11City Holding Company2025Charles Hageboeck699,000404,8670796,8601,922,194
12Shore Bancshares Inc2025James Burke700,000524,9780397,7171,772,098
13Farmers National Banc Corp.2025Kevin Helmick686,850331,9130536,2501,644,243
14First Bancorp2025Richard Moore550,000774,3810224,3811,639,497
15Arrow Financial Corporation2025David DeMarco715,850243,2650379,4011,572,406
16CNB Financial Corporation2025Michael D. Peduzzi653,993270,6720309,2731,500,484
17Peoples Bancorp, Inc.2025Tyler Wilcox700,000259,1950416,8001,500,327
18The First of Long Island Corporation2023Christopher Becker620,000620,0000155,0001,497,065
19HomeTrust Bancshares, Inc.2025C. Hunter Westbrook675,769349,4000422,5301,487,191
20Carter Bankshares, Inc.2025Litz Van Dyke703,114300,0300183,3001,355,859
21Kearny Financial Corp.2025Craig Montanaro746,750324,1560195,2641,348,839
22Southern First Bancshares, Inc.2025R. Arthur Seaver, Jr.515,000204,608001,146,832
23Premier Financial Corp.2023Gary Small617,077309,5900119,3401,107,726
24Peoples Financial Services Corp.2025Gerard Champi557,000162,4000204,0201,068,323

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Shore Bancshares Inc113.63%PSU 50 · RSU 50NoAon
Arrow Financial Corporation106%RSU 100not disclosedPearl Meyer & Partners, LLC
Carter Bankshares, Inc.67%PSU 50 · RSU 50Yes — Total Shareholder Return (TSR)Arthur J. Gallagher & Co.
City Holding Company114%PSU 60 · RSU 40NoMcLagan
Civista Bancshares, Inc.74%RSU 100not disclosedBlanchard Consulting Group
CNB Financial Corporation47.29%PSU 50 · RSU 50NoMeridian Compensation Partners, LLC
Eagle Bancorp, Inc.not disclosedPSU 60 · RSU 40Yes — Total Shareholder Return (TSR)Aon
Farmers National Banc Corp.150%PSU 50 · RSU 25 · Cash LTI 25NoAon
Financial Institutions, Inc.104.4%RSU 50 · PSU 50Nonot disclosed
First Bancorp108.8%RSU 100not disclosedMeridien Compensation Partners
First Commonwealth Financial Corporation163.75%PSU 50 · RSU 50Yes — TSR Relative to PeersMeridian Compensation Partners LLC
HomeTrust Bancshares, Inc.not disclosednot disclosednot disclosedMeridian Compensation Partners, LLC
Kearny Financial Corp.104%PSU 50 · RSU 50NoPearl Meyer & Partners LLC
Mid Penn Bancorp, Inc.104.5%RSU 100not disclosedMeridian Compensation Partners
Park National Corporationnot disclosedPSU 100NoMeridian Compensation Partners, LLC (through April 30, 2025) and Pay Governance (after April 30, 2025)
Peoples Bancorp, Inc.60%RSU 100NoPay Governance
Peoples Financial Services Corp.104%PSU 50 · RSU 50NoPearl Meyer & Partners, LLC
Premier Financial Corp.38%PSU 67 · RSU 33Yes — 3-year Total Shareholder Return (rTSR)Pearl Meyer & Partners, LLC
Primis Financial Corp.116%PSU 70 · RSU 30Nothe Consultant
S&T Bancorp, Inc.119%RSU 50 · PSU 50NoAon
Southern First Bancshares, Inc.not disclosedRSU 100not disclosedMcLagan (Aon Company)
The First of Long Island Corporation25%PSU 67 · RSU 33NoPearl Meyer & Partners LLC
Tompkins Financial Corporation120%PSU 50 · RSU 50NoAON Human Capital Solutions, a division of Aon, plc
Univest Financial Corporation122.9%PSU 70 · RSU 30NoAon plc

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, James BurkeDEF 14A2026-04-080001035092-26-000019Section “Summary Compensation Table”. As printed: 1,772,098. Filing ↗machine: r2 · c24 · span 646564–646573
2Section 01, Charles CullumDEF 14A2026-04-080001035092-26-000019Section “Summary Compensation Table”. As printed: 1,076,967. Filing ↗machine: r5 · c24 · span 655429–655438
3Section 01, Donna StevensDEF 14A2026-04-080001035092-26-000019Section “Summary Compensation Table”. As printed: 830,732. Filing ↗machine: r14 · c24 · span 671494–671501
4Section 01, B. Scot EbronDEF 14A2026-04-080001035092-26-000019Section “Summary Compensation Table”. As printed: 803,983. Filing ↗machine: r11 · c24 · span 667050–667057
5Section 01, Christy LombardiDEF 14A2026-04-080001035092-26-000019Section “Summary Compensation Table”. As printed: 718,460. Filing ↗machine: r17 · c24 · span 680424–680431
6Section 01, Todd CapitaniDEF 14A2026-04-080001035092-26-000019Section “Summary Compensation Table”. As printed: 569,009. Filing ↗machine: r8 · c24 · span 660020–660027
7Section 03, B. Scot Ebron RSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r14 · c12 · span 732390–732396
8Section 03, Christy Lombardi RSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r20 · c12 · span 743850–743856
9Section 03, Charles Cullum RSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r9 · c12 · span 723129–723136
10Section 03, James Burke PSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r3 · c12 · span 710411–710418
11Section 03, B. Scot Ebron PSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r14 · c12 · span 732390–732396
12Section 03, Todd Capitani PSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r11 · c12 · span 726636–726642
13Section 03, Donna Stevens RSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r17 · c12 · span 738120–738126
14Section 03, Charles Cullum PSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r7 · c12 · span 719021–719027
15Section 03, James Burke RSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r3 · c12 · span 710411–710418
16Section 03, Charles Cullum RSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r7 · c12 · span 719021–719027
17Section 03, Donna Stevens PSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r17 · c12 · span 738120–738126
18Section 03, Charles Cullum RSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r6 · c12 · span 717227–717234
19Section 03, Todd Capitani RSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r11 · c12 · span 726636–726642
20Section 03, Christy Lombardi PSUDEF 14A2026-04-080001035092-26-000019Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r20 · c12 · span 743850–743856
21Section 07, pay ratioDEF 14A2026-04-080001035092-26-000019Section “CEO Pay Ratio”. As printed: 25.6 : 1. Filing ↗
22Section 08, Alan J. HyattDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 242,799. Filing ↗machine: t18 · r5 · c9 · span 343030–343037
23Section 08, Austin J. Slater, JrDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 82,799. Filing ↗machine: t18 · r15 · c9 · span 363636–363642
24Section 08, R. Michael Clemmer, JrDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 77,799. Filing ↗machine: t18 · r3 · c9 · span 338994–339000
25Section 08, Clyde V. Kelly, IIIDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 77,799. Filing ↗machine: t18 · r8 · c9 · span 349031–349037
26Section 08, Rebecca M. McDonaldDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 77,799. Filing ↗machine: t18 · r11 · c9 · span 355300–355306
27Section 08, Louis P. Jenkins, JrDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 77,799. Filing ↗machine: t18 · r6 · c9 · span 345094–345100
28Section 08, Michael B. AdamsDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 77,799. Filing ↗machine: t18 · r2 · c9 · span 337020–337026
29Section 08, William E. Esham, IIIDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 77,000. Filing ↗machine: t18 · r4 · c9 · span 340971–340977
30Section 08, Esther A. StreeteDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 77,000. Filing ↗machine: t18 · r16 · c9 · span 365609–365615
31Section 08, Konrad M. WaysonDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 73,875. Filing ↗machine: t18 · r17 · c9 · span 367579–367585
32Section 08, David S. JonesDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 72,799. Filing ↗machine: t18 · r7 · c9 · span 347060–347066
33Section 08, E. Lawrence Sanders, IIIDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 72,799. Filing ↗machine: t18 · r14 · c9 · span 361573–361579
34Section 08, John A. Lamon, IIIDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 72,799. Filing ↗machine: t18 · r9 · c9 · span 351001–351007
35Section 08, Dawn M. WilleyDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 72,793. Filing ↗machine: t18 · r18 · c9 · span 369855–369861
36Section 08, David W. MooreDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 72,000. Filing ↗machine: t18 · r12 · c9 · span 357270–357276
37Section 08, Mary Todd PetersonDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 40,793. Filing ↗machine: t18 · r13 · c9 · span 359507–359513
38Section 08, Frank E. Mason, IIIDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 33,985. Filing ↗machine: t18 · r10 · c9 · span 353239–353245
39Section 08, James M. BurkeDEF 14A2026-04-080001035092-26-000019Section “Director Compensation”. As printed: 0. Filing ↗
40Section 02, R. Michael Clemmer, Jr 2026-05-21Form 42026-05-260001671853-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Rebecca M. McDonald 2026-05-21Form 42026-05-260001812715-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Michael B. Adams 2026-05-21Form 42026-05-260001832670-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, John A. Lamon, III 2026-05-21Form 42026-05-260001463254-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Konrad M. Wayson 2026-05-21Form 42026-05-260001463181-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Louis P. Jenkins, Jr 2026-05-21Form 42026-05-260001238317-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Michael B. Adams 2026-05-21Form 42026-05-260001832670-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Alan J. Hyatt 2026-05-21Form 42026-05-260001218591-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, E. Lawrence Sanders, III 2026-05-21Form 42026-05-260001725985-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, David S. Jones 2026-05-21Form 42026-05-260001543080-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Rebecca M. McDonald 2026-07-29Form 42026-07-310001812715-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Rebecca M. McDonald 2026-07-29Form 42026-07-310001812715-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, E. Lawrence Sanders, III 2026-07-29Form 42026-07-310001725985-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Konrad M. Wayson 2026-07-29Form 42026-07-310001463181-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Charles Cullum 2026-07-29Form 42026-07-310002023454-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Charles Cullum 2026-07-29Form 42026-07-310002023454-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Charles Cullum 2026-07-29Form 42026-07-310002023454-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Michael B. Adams 2026-07-29Form 42026-07-310001832670-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Louis P. Jenkins, Jr 2026-07-29Form 42026-07-310001238317-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, E. Lawrence Sanders, III 2026-07-29Form 42026-07-310001725985-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, David S. Jones 2026-07-29Form 42026-07-310001543080-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Konrad M. Wayson 2026-07-29Form 42026-07-310001463181-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Michael B. Adams 2026-07-29Form 42026-07-310001832670-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, R. Michael Clemmer, Jr 2026-07-29Form 42026-07-310001671853-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, R. Michael Clemmer, Jr 2026-07-29Form 42026-07-310001671853-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Alan J. Hyatt 2026-07-29Form 42026-07-310001218591-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Alan J. Hyatt 2026-07-29Form 42026-07-310001218591-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Louis P. Jenkins, Jr 2026-07-29Form 42026-07-310001238317-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, David S. Jones 2026-07-29Form 42026-07-310001543080-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, John A. Lamon, III 2026-07-29Form 42026-07-310001463254-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, John A. Lamon, III 2026-07-29Form 42026-07-310001463254-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
71Section 06, 2026 voteForm 8-K2026-05-200001035092-26-000032Item 5.07 · say-on-pay result. As reported: 97.57% (votes for as printed: 23,842,167). Filing ↗
72Section 06, 2025 voteForm 8-K2025-06-040001628280-25-029238Item 5.07 · say-on-pay result. As reported: 93.26% (votes for as printed: 20,495,192). Filing ↗
73Section 06, 2024 voteForm 8-K2024-06-050001628280-24-026765Item 5.07 · say-on-pay result. As reported: 94.44% (votes for as printed: 22,720,579). Filing ↗
74Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
75Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
76Section 09b board cost (computed)ComputedcomputedCash 627,116 + equity 555,066 + all other 198,254 = 1,380,436, summed across the director compensation table rows.machine: formula: Σ = 1,380,436
77Tompkins Financial Corporation, Section 10b CEO totalDEF 14A2026-04-060001140361-26-013350CEO total compensation as printed in Tompkins Financial Corporation's own proxy. As printed: 3,221,209. Filing ↗machine: r3 · c27 · span 696857–696866
78Eagle Bancorp, Inc., Section 10b CEO totalDEF 14A2025-04-010001050441-25-000074CEO total compensation as printed in Eagle Bancorp, Inc.'s own proxy. As printed: 3,063,169. Filing ↗
79Park National Corporation, Section 10b CEO totalDEF 14A2026-03-090000805676-26-000021CEO total compensation as printed in Park National Corporation's own proxy. As printed: 2,977,449. Filing ↗machine: t22 · r2 · c14 · span 845297–845306
80Civista Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-070001193125-26-145510CEO total compensation as printed in Civista Bancshares, Inc.'s own proxy. As printed: 2,894,036. Filing ↗machine: span 535149–535158
81S&T Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-300001193125-26-131720CEO total compensation as printed in S&T Bancorp, Inc.'s own proxy. As printed: 2,398,854. Filing ↗machine: r2 · c31 · span 570969–570978
82Financial Institutions, Inc., Section 10b CEO totalDEF 14A2026-04-060001193125-26-143723CEO total compensation as printed in Financial Institutions, Inc.'s own proxy. As printed: 2,385,669. Filing ↗machine: r4 · c21 · span 1897204–1897213
83Mid Penn Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-270001193125-26-128769CEO total compensation as printed in Mid Penn Bancorp, Inc.'s own proxy. As printed: 2,209,726. Filing ↗machine: r3 · c35 · span 723945–723954
84Primis Financial Corp., Section 10b CEO totalDEF 14A2026-04-100001104659-26-041860CEO total compensation as printed in Primis Financial Corp.'s own proxy. As printed: 2,185,079. Filing ↗machine: t76 · r8 · c23 · span 492432–492441
85Univest Financial Corporation, Section 10b CEO totalDEF 14A2026-03-130000102212-26-000015CEO total compensation as printed in Univest Financial Corporation's own proxy. As printed: 2,097,674. Filing ↗machine: r2 · c51 · span 398636–398645
86First Commonwealth Financial Corporation, Section 10b CEO totalDEF 14A2026-03-190001193125-26-115933CEO total compensation as printed in First Commonwealth Financial Corporation's own proxy. As printed: 2,000,604. Filing ↗machine: r4 · c34 · span 658732–658741
87City Holding Company, Section 10b CEO totalDEF 14A2026-03-270000726854-26-000092CEO total compensation as printed in City Holding Company's own proxy. As printed: 1,922,194. Filing ↗machine: t27 · r5 · c7 · span 511012–511021
88Shore Bancshares Inc (subject), Section 10b CEO totalDEF 14A2026-04-080001035092-26-000019CEO total compensation as printed in Shore Bancshares Inc's own proxy. As printed: 1,772,098. Filing ↗machine: r2 · c24 · span 646564–646573
89Farmers National Banc Corp., Section 10b CEO totalDEF 14A2026-03-160001437749-26-008310CEO total compensation as printed in Farmers National Banc Corp.'s own proxy. As printed: 1,644,243. Filing ↗machine: r2 · c28 · span 608756–608765
90First Bancorp, Section 10b CEO totalDEF 14A2026-03-190000811589-26-000062CEO total compensation as printed in First Bancorp's own proxy. As printed: 1,639,497. Filing ↗machine: span 385715–385724
91Arrow Financial Corporation, Section 10b CEO totalDEF 14A2026-04-230000717538-26-000045CEO total compensation as printed in Arrow Financial Corporation's own proxy. As printed: 1,572,406. Filing ↗machine: span 519962–519971
92CNB Financial Corporation, Section 10b CEO totalDEF 14A2026-03-160000736772-26-000035CEO total compensation as printed in CNB Financial Corporation's own proxy. As printed: 1,500,484. Filing ↗machine: span 677260–677269
93Peoples Bancorp, Inc., Section 10b CEO totalDEF 14A2026-03-060000318300-26-000104CEO total compensation as printed in Peoples Bancorp, Inc.'s own proxy. As printed: 1,500,327. Filing ↗machine: t174 · r4 · c19 · span 1008838–1008848
94The First of Long Island Corporation, Section 10b CEO totalDEF 14A2024-03-080001437749-24-007157CEO total compensation as printed in The First of Long Island Corporation's own proxy. As printed: 1,497,065. Filing ↗machine: r2 · c31 · span 470805–470814
95HomeTrust Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-070001538263-26-000032CEO total compensation as printed in HomeTrust Bancshares, Inc.'s own proxy. As printed: 1,487,191. Filing ↗machine: span 442986–442995
96Carter Bankshares, Inc., Section 10b CEO totalDEF 14A2026-04-150001829576-26-000027CEO total compensation as printed in Carter Bankshares, Inc.'s own proxy. As printed: 1,355,859. Filing ↗machine: t13 · r2 · c7 · span 396094–396104
97Kearny Financial Corp., Section 10b CEO totalDEF 14A2025-09-100001617242-25-000063CEO total compensation as printed in Kearny Financial Corp.'s own proxy. As printed: 1,348,839. Filing ↗machine: r2 · c54 · span 465727–465736
98Southern First Bancshares, Inc., Section 10b CEO totalDEF 14A2026-04-060001206774-26-000194CEO total compensation as printed in Southern First Bancshares, Inc.'s own proxy. As printed: 1,146,832. Filing ↗machine: t89 · r1 · c9 · span 443118–443127
99Premier Financial Corp., Section 10b CEO totalDEF 14A2024-03-180001140361-24-013910CEO total compensation as printed in Premier Financial Corp.'s own proxy. As printed: 1,107,726. Filing ↗machine: span 599128–599137
100Peoples Financial Services Corp., Section 10b CEO totalDEF 14A2026-04-100001104659-26-041794CEO total compensation as printed in Peoples Financial Services Corp.'s own proxy. As printed: 1,068,323. Filing ↗machine: t226 · r8 · c16 · span 1077916–1077925
101Section 10a, First Bancorp reciprocityDEF 14A0000811589-25-000016First Bancorp's most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
102Section 10a, Civista Bancshares, Inc. reciprocityDEF 14A0001193125-26-145510Civista Bancshares, Inc.'s most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
103Section 10a, City Holding Company reciprocityDEF 14A0000726854-26-000092City Holding Company names Shore Bancshares Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
104Section 10a, Financial Institutions, Inc. reciprocityDEF 14A0001193125-26-143723Financial Institutions, Inc.'s most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
105Section 10a, Primis Financial Corp. reciprocityDEF 14A0001104659-26-041860Primis Financial Corp. names Shore Bancshares Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
106Section 10a, Park National Corporation reciprocityDEF 14A0000805676-26-000021Park National Corporation's most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
107Section 10a, Mid Penn Bancorp, Inc. reciprocityDEF 14A0001193125-26-128769Mid Penn Bancorp, Inc. names Shore Bancshares Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
108Section 10a, Southern First Bancshares, Inc. reciprocityDEF 14A0001206774-25-000204Southern First Bancshares, Inc.'s most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
109Section 10a, Kearny Financial Corp. reciprocityDEF 14A0001617242-25-000063Kearny Financial Corp.'s most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
110Section 10a, Carter Bankshares, Inc. reciprocityDEF 14A0001829576-26-000027Carter Bankshares, Inc. names Shore Bancshares Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
111Section 10a, Farmers National Banc Corp. reciprocityDEF 14A0001437749-26-008310Farmers National Banc Corp.'s most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
112Section 10a, Peoples Bancorp, Inc. reciprocityDEF 14A0000318300-26-000104Peoples Bancorp, Inc.'s most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
113Section 10a, First Commonwealth Financial Corporation reciprocityDEF 14A0001193125-26-115933First Commonwealth Financial Corporation's most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
114Section 10a, CNB Financial Corporation reciprocityDEF 14A0000736772-26-000035CNB Financial Corporation names Shore Bancshares Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
115Section 10a, Tompkins Financial Corporation reciprocityDEF 14A0001140361-26-013350Tompkins Financial Corporation's most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
116Section 10a, Peoples Financial Services Corp. reciprocityDEF 14A0001104659-26-041794Peoples Financial Services Corp.'s most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
117Section 10a, S&T Bancorp, Inc. reciprocityDEF 14A0001193125-26-131720S&T Bancorp, Inc.'s most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
118Section 10a, HomeTrust Bancshares, Inc. reciprocityDEF 14A0001538263-26-000032HomeTrust Bancshares, Inc.'s most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
119Section 10a, Premier Financial Corp. reciprocityDEF 14A0001140361-24-013910Premier Financial Corp.'s most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗
120Section 10a, The First of Long Island Corporation reciprocityDEF 14A0001437749-24-007157The First of Long Island Corporation's most recent proxy was read; its disclosed peer group does not include Shore Bancshares Inc. Filing ↗