Trade Summary
5 months ago, Adams Michael Brian, serving as Dir at Shore Bancshares Inc (SHBI), purchased 10,000 shares at $15.00 per share, for a total transaction value of $150,000.00. Following this transaction, Adams Michael Brian now holds 54,753 shares of SHBI.
This purchase represents a 22.00% increase in Adams Michael Brian's stake in the company. This is considered a high-conviction trade given the significant change in ownership.
The trade was executed on Friday, August 1, 2025 and publicly disclosed via SEC Form 4 filing on Monday, August 4, 2025, 3 days after the trade was made.
Shore Bancshares Inc operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.