---
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"
generated_at: "2026-05-23T11:26:34.485715+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Shore Bancshares names Charles Cullum EVP and CFO effective April 21, 2025

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-018145
- JSON: https://secwatch.observer/filing/0001628280-25-018145.json
- Plain text: https://secwatch.observer/filing/0001628280-25-018145.txt

## 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_url: https://www.sec.gov/Archives/edgar/data/1035092/000162828025018145/0001628280-25-018145-index.htm
- 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_url: https://www.sec.gov/Archives/edgar/data/1035092/000162828025018145/0001628280-25-018145-index.htm

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