---
schema_version: "secwatch.filing_event.v1"
accession: "0001035092-26-000054"
form_type: "8-K"
ticker: "SHBI"
cik: "0001035092"
company_name: "SHORE BANCSHARES INC"
filed_at: "2026-10-01T15:35:49+00:00"
generated_at: "2026-10-12T14:19:27.996133+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.2
confidence: "high"
source: SEC EDGAR
---

# Shore Bancshares adopts deferred compensation plan for non-employee directors and amends existing plan

## Summary
- Board adopted a Deferred Compensation Plan for Non-employee Directors on September 30, 2026, effective December 31, 2026.
- Non-employee directors may defer 0% to 100% of cash compensation and 0% or 100% of shares from vested Restricted Stock Units.
- Board also amended the existing Deferred Compensation Plan to eliminate non-employee director participation after the 2026 plan year.
- Deferred amounts are credited as Deferred Stock Units; payment options include lump sum within 60 days or installments up to 10 years.
- The plan is intended to comply with Section 409A; exhibits 10.1 and 10.2 were filed with the report.

## SEC filing metadata
- accession: 0001035092-26-000054
- form_type: 8-K
- ticker: SHBI
- cik: 0001035092
- company_name: SHORE BANCSHARES INC
- filed_at: 2026-10-01T15:35:49+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.2
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035092/000103509226000054/0001035092-26-000054-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035092/000103509226000054/shbi-20260930.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001035092-26-000054
- JSON: https://secwatch.observer/filing/0001035092-26-000054.json
- Plain text: https://secwatch.observer/filing/0001035092-26-000054.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.