Form 4: Shore Bancshares Officer Brian Scot Ebron Reports Stock Transactions
SEC Form 4
Brian Scot Ebron, Chief Banking Officer of Shore Bancshares, reports acquisition and vesting of restricted stock units.
Summary
- Brian Scot Ebron, Chief Banking Officer of Shore Bancshares Inc., filed a Form 4 on March 8, 2024, reporting transactions related to Shore Bancshares (SHBI) stock.
- On March 6, 2024, Ebron acquired 296 shares of common stock through the vesting of restricted stock units.
- Ebron directly owns 5,701 restricted stock units and indirectly owns 819 shares through an ESOP and 36,148 shares through an IRA.
- On March 7, 2024, Ebron acquired 4,306 restricted stock units.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is neither positive nor negative.
Industry Context
This filing is a routine disclosure of stock transactions by a company insider, as required by the Securities and Exchange Act of 1934. It provides transparency regarding the holdings and transactions of company executives.
Key Dates
| Date | Description |
|---|---|
| July 1, 2023 | Date of execution for the Limited Power of Attorney for Section 16 Reporting Obligations. |
| March 6, 2024 | Restricted stock units vested, converting into 296 shares of common stock. |
| March 7, 2024 | Acquisition of 4,306 restricted stock units. |
| March 8, 2024 | Date of Form 4 filing. |
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