SHBI - Shore Bancshares Inc

Insider Purchase by Adams Michael Brian (Dir)

1 Year
After Trade
Before Trade

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Trade Summary

6 months ago, Adams Michael Brian, serving as Dir at Shore Bancshares Inc (SHBI), purchased 10,000 shares at $15.00 per share, for a total transaction value of $150,000.00. Following this transaction, Adams Michael Brian now holds 54,753 shares of SHBI.

This purchase represents a 22.00% increase in Adams Michael Brian's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Friday, August 1, 2025 and publicly disclosed via SEC Form 4 filing on Monday, August 4, 2025, 3 days after the trade was made.

Shore Bancshares Inc operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Adams Michael Brian

Dir

Michael B. Adams is an independent director of Shore Bancshares Inc. (SHBI), appointed in 2023 following the merger with The Community Financial Corporation.[[1]](https://fintool.com/app/research/companies/SHBI/people/michael-b-adams)[[4]](https://shorebancshares.q4ir.com/governance/board-of-directors/default.aspx)[[5]](https://www.sec.gov/Archives/edgar/data/1035092/000110465923077307/tm2320345d1_ex99-1.htm) Aged 58 (as of December 31, 2024), he chairs the Board’s Strategic Initiatives & Technology Committee and serves on the Executive Committee, bringing expertise in small-business leadership, commercial real estate development, and regional community involvement.[[1]](https://fintool.com/app/research/companies/SHBI/people/michael-b-adams)[[9]](https://shorebancshares.q4ir.com/governance/committee-composition/default.aspx) Adams founded and serves as President of JON Properties, LLC, a full-service commercial real estate firm in Fredericksburg, VA, since 2006, specializing in historic renovation and tax credit projects.[[1]](https://fintool.com/app/research/companies/SHBI/people/michael-b-adams) Previously, he was President of WEB Equipment, Inc. from 1995 to 2006.[[1]](https://fintool.com/app/research/companies/SHBI/people/michael-b-adams) He studied business management at Prince George’s Community College and the University of Maryland, holds a Class A General Contractor’s License, and is a licensed real estate broker in Virginia.[[1]](https://fintool.com/app/research/companies/SHBI/people/michael-b-adams) Adams has demonstrated confidence in SHBI through recent open-market purchases, including 10,000 shares on August 1, 2025, at $15 per share (increasing direct holdings to 44,912 shares) and 560 shares on May 2, 2025.[[2]](https://www.stocktitan.net/sec-filings/SHBI/form-4-shore-bancshares-inc-insider-trading-activity-fbcbdb991637.html)[[3]](https://www.tradingview.com/news/tradingview:9171af6b2a342:0-shore-bancshares-director-michael-brian-adams-buys-10-000-shares/)[[6]](https://www.investing.com/news/insider-trading-news/shore-bancshares-director-michael-brian-adams-buys-shares-worth-7921-93CH-4025864)

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Trade Price

$15.00

Quantity

10,000

Total Value

$150,000.00

Shares Owned

54,753

Trade Date

Friday, August 1, 2025

205 days ago

SEC Filing Date

Monday, August 4, 2025

Filed 3 days after trade

FINANCIAL SERVICESBANKS - REGIONAL

About Shore Bancshares Inc

Company Overview

No company information available
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