---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-100473"
form_type: "8-K"
ticker: "SHBI"
cik: "0001035092"
company_name: "SHORE BANCSHARES INC"
filed_at: "2022-09-15T23:59:59+00:00"
generated_at: "2026-06-23T09:17:19.448837+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Shore Bancshares CFO Edward C. Allen to retire; Vance W. Adkins named successor

## Summary
- Edward C. Allen to retire as EVP and CFO of Shore Bancshares and Shore United Bank, effective Dec 31, 2022.
- Vance W. Adkins, current EVP and Treasurer, will assume CFO role upon Allen's retirement.
- Allen's retirement is not due to any dispute or disagreement with the company or its policies.
- Adkins will serve as CFO for both the company and its wholly-owned subsidiary Shore United Bank.

## SEC filing metadata
- accession: 0001104659-22-100473
- form_type: 8-K
- ticker: SHBI
- cik: 0001035092
- company_name: SHORE BANCSHARES INC
- filed_at: 2022-09-15T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1035092/000110465922100473/0001104659-22-100473-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1035092/000110465922100473/tm2225984d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-100473
- JSON: https://secwatch.observer/filing/0001104659-22-100473.json
- Plain text: https://secwatch.observer/filing/0001104659-22-100473.txt

## Key facts
- Executive change
  Vance W. Adkins changed role as Chief Financial Officer at SHORE BANCSHARES INC.
  - Action: assume
  - Role: Chief Financial Officer
  source text: Upon Mr. Allen's retirement, Vance W. Adkins, who is currently serving as the Company's Executive Vice President and Treasurer, will assume the role of Chief Financial Officer of the Company and the Bank.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1035092/000110465922100473/0001104659-22-100473-index.htm
- Executive change
  Edward C. Allen departed as Executive Vice President and Chief Financial Officer at SHORE BANCSHARES INC.
  - Action: retire
  - Role: Executive Vice President and Chief Financial Officer
  source text: On September 13, 2022, Edward C. Allen provided notice of his intention to retire as the Executive Vice President and Chief Financial Officer of Shore Bancshares, Inc.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1035092/000110465922100473/0001104659-22-100473-index.htm

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