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Get filing alertsShore Bancshares shareholders approve directors, executive pay, and auditor at annual meeting
Filed May 20, 2026 · Period ending May 20, 2026 · ~1 min read
Key Changes
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Five directors elected for three-year terms with 91–99% support; David S. Jones received lowest support at 91.3% (22.3M for, 2.1M against), James M. Burke highest at 99.1% (24.2M for, 225K against).
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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Executive compensation approved with 97.6% support (23.8M for, 594K against), indicating broad shareholder satisfaction with pay practices.
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR → -
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Crowe LLP ratified as independent auditor for 2026 with 99.96% support (28.3M for, 10K against).
Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
Summary
Shore Bancshares held its annual shareholder meeting on May 20, 2026, with routine governance matters receiving strong approval. All five director nominees were elected with support ranging from 91.3% to 99.1% of votes cast. The say-on-pay proposal passed with 97.6% approval, and the auditor ratification received near-unanimous support at 99.96%.
Broker non-votes totaled 3.9 million shares for the director and compensation proposals but were absent from the auditor vote, as is typical. This is a routine annual meeting disclosure with no material concerns. The voting results reflect normal shareholder support for management's slate and compensation practices at a community bank. No follow-on action is required from investors.
Section-by-Section Diff
Event · Item 5.07 — Submission of Matters to a Vote of Security Holders
Shore Bancshares held its annual meeting on May 20, 2026, electing five directors and approving executive compensation and auditor ratification.
Show 1 minor / wording change
Added in current filing · view on EDGAR →
Shares Voted For | Shares Voted Against | Abstentions | 28,335,126 | 10,230 | 48,666 There were no broker non-votes on the proposal.
Shareholders ratified Crowe LLP as the independent registered public accounting firm for fiscal year 2026 with 99.96% support (28,335,126 for vs. 10,230 against). The near-unanimous approval reflects routine acceptance of the auditor appointment.
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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 21, 2026 · How we verify