SHORE BANCSHARES INC

Ticker: SHBI CUSIP: 825107105 Class: Common Stock

BRIDGEWAY CAPITAL MANAGEMENT, LLC's Holding History (CIK: 0001107261)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025

Shares 250,127 Value ($000) $4,422 Avg Close $16.78 Range $14.93 - $19.22

Q3 2025

Shares 235,277 Value ($000) $3,861 Avg Close $16.47 Range $14.96 - $17.67

Q2 2025

Shares 194,786 Value ($000) $3,062 Avg Close $14.06 Range $11.47 - $15.88

Q1 2025

Shares 148,605 Value ($000) $2,012 Avg Close $15.07 Range $13.15 - $17.24

Q4 2024

Shares 104,992 Value ($000) $1,664 Avg Close $15.49 Range $13.21 - $17.61

Q3 2024

Shares 202,483 Value ($000) $2,833 Avg Close $13.42 Range $11.03 - $14.99

Q2 2024

Shares 258,170 Value ($000) $2,956 Avg Close $10.85 Range $10.06 - $11.90

Q1 2024

Shares 248,090 Value ($000) $2,853 Avg Close $12.00 Range $10.56 - $14.38

Q4 2023

Shares 238,290 Value ($000) $3,396 Avg Close $11.80 Range $9.66 - $14.51

Q3 2023

Shares 227,453 Value ($000) $2,393 Avg Close $11.38 Range $10.27 - $13.37

Q2 2023

Shares 189,339 Value ($000) $2,189 Avg Close $12.25 Range $10.65 - $14.45

Q1 2023

Shares 123,257 Value ($000) $1,760 Avg Close $16.63 Range $14.00 - $18.15

Q4 2022

Shares 125,157 Value ($000) $2,181 Avg Close $18.72 Range $17.04 - $20.85

Q3 2022

Shares 126,657 Value ($000) $2,194 Avg Close $18.98 Range $17.29 - $20.50

Q2 2022

Shares 131,857 Value ($000) $2,439 Avg Close $19.75 Range $17.91 - $21.21

Q1 2022

Shares 134,894 Value ($000) $2,763 Avg Close $20.52 Range $19.34 - $21.41

Q4 2021

Shares 159,857 Value ($000) $3,333 Avg Close $19.30 Range $17.50 - $23.19

Q3 2021

Shares 129,512 Value ($000) $2,296 Avg Close $17.36 Range $16.35 - $18.00

Q2 2021

Shares 154,512 Value ($000) $2,588 Avg Close $16.93 Range $16.10 - $18.01

Q1 2021

Shares 162,512 Value ($000) $2,766 Avg Close $15.40 Range $12.99 - $18.10

Q4 2020

Shares 142,512 Value ($000) $2,081 Avg Close $12.84 Range $10.25 - $15.12

Q3 2020

Shares 142,512 Value ($000) $1,565 Avg Close $10.01 Range $9.14 - $11.77

Q2 2020

Shares 125,512 Value ($000) $1,392 Avg Close $9.79 Range $8.00 - $12.40

Q1 2020

Shares 125,512 Value ($000) $1,362 Avg Close $14.60 Range $7.63 - $17.56

Q4 2019

Shares 175,612 Value ($000) $3,049 Avg Close $16.35 Range $15.01 - $17.90

Q3 2019

Shares 175,612 Value ($000) $2,706 Avg Close $15.79 Range $14.90 - $17.00

Q2 2019

Shares 175,612 Value ($000) $2,870 Avg Close $15.59 Range $14.84 - $16.48

Q1 2019

Shares 185,412 Value ($000) $2,764 Avg Close $15.20 Range $14.00 - $16.11

Q4 2018

Shares 206,612 Value ($000) $3,004 Avg Close $16.07 Range $12.95 - $18.32

Q3 2018

Shares 216,612 Value ($000) $3,860 Avg Close $18.87 Range $16.63 - $19.84

Q2 2018

Shares 245,112 Value ($000) $4,662 Avg Close $18.83 Range $17.92 - $20.09

Q1 2018

Shares 277,712 Value ($000) $5,238 Avg Close $17.92 Range $16.28 - $19.80

Q4 2017

Shares 277,712 Value ($000) $4,638 Avg Close $17.11 Range $15.74 - $18.49

Q3 2017

Shares 277,862 Value ($000) $4,626 Avg Close $16.60 Range $15.97 - $17.34

Q2 2017

Shares 296,962 Value ($000) $4,885 Avg Close $16.58 Range $15.17 - $17.53

Q1 2017

Shares 296,962 Value ($000) $4,962 Avg Close $16.43 Range $14.64 - $17.92

Q4 2016

Shares 302,912 Value ($000) $4,619 Avg Close $13.79 Range $11.49 - $16.90

Q3 2016

Shares 302,912 Value ($000) $3,568 Avg Close $11.70 Range $11.07 - $12.17

Q2 2016

Shares 303,062 Value ($000) $3,561 Avg Close $11.63 Range $10.23 - $12.50

Q1 2016

Shares 187,662 Value ($000) $2,248 Avg Close $11.35 Range $10.36 - $12.59

Q4 2015

Shares 132,812 Value ($000) $1,445 Avg Close $10.16 Range $9.32 - $11.00

Q3 2015

Shares 120,812 Value ($000) $1,174 Avg Close $9.48 Range $9.13 - $9.85

Q2 2015

Shares 66,112 Value ($000) $623 Avg Close $9.33 Range $9.01 - $9.94

Q1 2015

Shares 46,112 Value ($000) $423 Avg Close $9.24 Range $8.51 - $9.54

Q4 2014

Shares 63,112 Value ($000) $595 Avg Close $9.24 Range $8.87 - $9.78

Q3 2014

Shares 63,112 Value ($000) $568 Avg Close $8.94 Range $8.61 - $9.25

Q2 2014

Shares 63,112 Value ($000) $569 Avg Close $9.34 Range $8.57 - $10.49

Q1 2014

Shares 63,112 Value ($000) $600 Avg Close $9.44 Range $9.00 - $9.99

Q4 2013

Shares 46,112 Value ($000) $425 Avg Close $9.09 Range $8.50 - $9.45

Q3 2013

Shares 46,112 Value ($000) $406 Avg Close $8.14 Range $7.06 - $9.06

Q2 2013

Shares 25,000 Value ($000) $184 Avg Close $7.13 Range $5.97 - $7.75

Period	Shares	Value ($000)	Average Close	Price Range
Q4 2025	250,127	$4,422	$16.78	$14.93 - $19.22
Q3 2025	235,277	$3,861	$16.47	$14.96 - $17.67
Q2 2025	194,786	$3,062	$14.06	$11.47 - $15.88
Q1 2025	148,605	$2,012	$15.07	$13.15 - $17.24
Q4 2024	104,992	$1,664	$15.49	$13.21 - $17.61
Q3 2024	202,483	$2,833	$13.42	$11.03 - $14.99
Q2 2024	258,170	$2,956	$10.85	$10.06 - $11.90
Q1 2024	248,090	$2,853	$12.00	$10.56 - $14.38
Q4 2023	238,290	$3,396	$11.80	$9.66 - $14.51
Q3 2023	227,453	$2,393	$11.38	$10.27 - $13.37
Q2 2023	189,339	$2,189	$12.25	$10.65 - $14.45
Q1 2023	123,257	$1,760	$16.63	$14.00 - $18.15
Q4 2022	125,157	$2,181	$18.72	$17.04 - $20.85
Q3 2022	126,657	$2,194	$18.98	$17.29 - $20.50
Q2 2022	131,857	$2,439	$19.75	$17.91 - $21.21
Q1 2022	134,894	$2,763	$20.52	$19.34 - $21.41
Q4 2021	159,857	$3,333	$19.30	$17.50 - $23.19
Q3 2021	129,512	$2,296	$17.36	$16.35 - $18.00
Q2 2021	154,512	$2,588	$16.93	$16.10 - $18.01
Q1 2021	162,512	$2,766	$15.40	$12.99 - $18.10
Q4 2020	142,512	$2,081	$12.84	$10.25 - $15.12
Q3 2020	142,512	$1,565	$10.01	$9.14 - $11.77
Q2 2020	125,512	$1,392	$9.79	$8.00 - $12.40
Q1 2020	125,512	$1,362	$14.60	$7.63 - $17.56
Q4 2019	175,612	$3,049	$16.35	$15.01 - $17.90
Q3 2019	175,612	$2,706	$15.79	$14.90 - $17.00
Q2 2019	175,612	$2,870	$15.59	$14.84 - $16.48
Q1 2019	185,412	$2,764	$15.20	$14.00 - $16.11
Q4 2018	206,612	$3,004	$16.07	$12.95 - $18.32
Q3 2018	216,612	$3,860	$18.87	$16.63 - $19.84
Q2 2018	245,112	$4,662	$18.83	$17.92 - $20.09
Q1 2018	277,712	$5,238	$17.92	$16.28 - $19.80
Q4 2017	277,712	$4,638	$17.11	$15.74 - $18.49
Q3 2017	277,862	$4,626	$16.60	$15.97 - $17.34
Q2 2017	296,962	$4,885	$16.58	$15.17 - $17.53
Q1 2017	296,962	$4,962	$16.43	$14.64 - $17.92
Q4 2016	302,912	$4,619	$13.79	$11.49 - $16.90
Q3 2016	302,912	$3,568	$11.70	$11.07 - $12.17
Q2 2016	303,062	$3,561	$11.63	$10.23 - $12.50
Q1 2016	187,662	$2,248	$11.35	$10.36 - $12.59
Q4 2015	132,812	$1,445	$10.16	$9.32 - $11.00
Q3 2015	120,812	$1,174	$9.48	$9.13 - $9.85
Q2 2015	66,112	$623	$9.33	$9.01 - $9.94
Q1 2015	46,112	$423	$9.24	$8.51 - $9.54
Q4 2014	63,112	$595	$9.24	$8.87 - $9.78
Q3 2014	63,112	$568	$8.94	$8.61 - $9.25
Q2 2014	63,112	$569	$9.34	$8.57 - $10.49
Q1 2014	63,112	$600	$9.44	$9.00 - $9.99
Q4 2013	46,112	$425	$9.09	$8.50 - $9.45
Q3 2013	46,112	$406	$8.14	$7.06 - $9.06
Q2 2013	25,000	$184	$7.13	$5.97 - $7.75