SHORE BANCSHARES INC
For the period ended May 29, 2025. Filed Apr 15, 2025.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
May 29, 2025 · Filed Apr 15, 2025
Contents
PAY-VERSUS-PERFORMANCE
| Year · Summary Compensation Table Total for CEO ($)(1) Beatty · Compensation Actually Paid to CEO ($) Beatty · Summary Compensation Table Total for CEO ($)(1) Burke · Compensation Actually Paid to CEO ($) Burke · Average Summary Compensation Table Total for Non-CEO NEOs ($) · Average Compensation Actually Paid to Non-CEO NEOs ($) · Value of Initial Fixed $100 Investment based on Total Shareholder Return ($)(2) · Net Income ($) | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 1,171,590 | 1,941,765 | 703,736 | 1,128,364 | 106.80 | 43,889 | |||
| 2023 | 3,140,861 | 3,140,570 | 799,020 | 823,190 | 693,090 | 1,413,810 | 82.09 | 11,228 | |||
| 2022 | 909,778 | 864,130 | — | — | 445,382 | 431,495 | 100.40 | 31,177 | |||
(1)Compensation actually paid makes required adjustments to the total amount of compensation shown for our Principal Executive Officer (“PEO”) and Former PEO, Mr. James M. Burke and Mr. Lloyd L. Beatty, and NEOs other than our PEO, in the Summary Compensation Table included above. These NEOs were Ms. Stevens, Ms. Lombardi and Mr. Adkins for 2023 and Ms. Stevens and Mr. Allen for 2022.
(2)Represents the year-over-year value, as of December 31st of each respective year, of a hypothetical initial investment of $100 made on December 31, 2021 in the Company, assuming reinvestment of all dividends paid into the stock.
Relationship Between Compensation Actually Paid and Performance
The following graphs describe the relationship between CEO and other Non-CEO NEO's actual compensation to TSR and Net Income.
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