{"schema_version":"secwatch.filing_event.v1","accession":"0001035092-25-000026","form_type":"8-K","ticker":"SHBI","cik":"0001035092","company_name":"SHORE BANCSHARES INC","filed_at":"2025-12-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.604499+00:00","generated_at":"2026-05-16T12:51:27.285017+00:00","sec_items":["5.02","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"confidence":"high","headline":"Shore Bancshares CEO, CFO, COO enter change-in-control severance plan with 2-3x multipliers","bullets":["CEO James M. Burke has a severance multiplier of 3; CFO Cullum and COO Stevens have a multiplier of 2.","Severance equals multiplier times (base salary plus target bonus) payable in a lump sum plus COBRA premiums.","Burke subject to 1-year non-compete and non-solicit; Cullum and Stevens subject to 1-year non-solicit only.","Qualifying Termination includes involuntary termination without cause or resignation for good reason within 24 months post-change-in-control.","Plan consolidates prior severance arrangements and replaces any other change-in-control severance agreements."],"urls":{"canonical":"https://secwatch.observer/filing/0001035092-25-000026","json":"https://secwatch.observer/filing/0001035092-25-000026.json","markdown":"https://secwatch.observer/filing/0001035092-25-000026.md","text":"https://secwatch.observer/filing/0001035092-25-000026.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035092/000103509225000026/0001035092-25-000026-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035092/000103509225000026/shbi-20251217.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:51:27.285017+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}