{"schema_version":"secwatch.filing_event.v1","accession":"0001628280-25-018145","form_type":"8-K","ticker":"SHBI","cik":"0001035092","company_name":"SHORE BANCSHARES INC","filed_at":"2025-04-17T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.230715+00:00","generated_at":"2026-05-23T11:26:34.485715+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"confidence":"high","headline":"Shore Bancshares names Charles Cullum EVP and CFO effective April 21, 2025","bullets":["Charles Cullum appointed EVP and CFO effective Apr 21, 2025; succeeds Todd Capitani who retires.","Cullum most recently CFO of Sandy Spring Bancorp since May 2024; over 20 years financial experience.","Base salary $430,000; 2025 STI and LTI target each at 35% of base; initial RSU award valued at $200,000.","Capitani remains through Aug 15, 2025 for transition; previously CFO of Shore since July 2023 and of Community Financial since 2009.","Cullum eligible for change-in-control severance (2x base + 2x target STI) and non-CIC severance within 24 months."],"urls":{"canonical":"https://secwatch.observer/filing/0001628280-25-018145","json":"https://secwatch.observer/filing/0001628280-25-018145.json","markdown":"https://secwatch.observer/filing/0001628280-25-018145.md","text":"https://secwatch.observer/filing/0001628280-25-018145.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1035092/000162828025018145/0001628280-25-018145-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1035092/000162828025018145/shbi-20250417.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T11:26:34.485715+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":[{"claim_id":"bef1b0c752","claim":"Todd L. Capitani retired as Chief Financial Officer at SHORE BANCSHARES INC.","evidence_excerpt":"Todd L. Capitani, the Company’s current Chief Financial Officer, who previously announced his retirement, will continue with the Company until August 15, 2025 to support this leadership transition.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035092/000162828025018145/0001628280-25-018145-index.htm","confidence":0.95},{"claim_id":"da2ebb047b","claim":"Charles S. Cullum was appointed as Executive Vice President and Chief Financial Officer at SHORE BANCSHARES INC.","evidence_excerpt":"On April 17, 2025 , Shore Bancshares, Inc. (the “Company”) announced that it appointed Charles S. Cullum to Executive Vice President and Chief Financial Officer effective April 21, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1035092/000162828025018145/0001628280-25-018145-index.htm","confidence":0.95}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}