Last updated: 3 June 2024 at 1:21pm EST

R. Michael Clemmer Net Worth




The estimated Net Worth of R. Michael Clemmer is at least $381 Thousand dollars as of 15 May 2023. Mr. Clemmer owns over 2,000 units of Shore Bancshares stock worth over $334,344 and over the last 9 years he sold SHBI stock worth over $0. In addition, he makes $47,000 as Independent Director at Shore Bancshares.

Mr. Clemmer SHBI stock SEC Form 4 insiders trading

R has made over 1 trades of the Shore Bancshares stock since 2023, according to the Form 4 filled with the SEC. Most recently he bought 2,000 units of SHBI stock worth $21,960 on 15 May 2023.

The largest trade he's ever made was buying 2,000 units of Shore Bancshares stock on 15 May 2023 worth over $21,960. On average, R trades about 80 units every 0 days since 2016. As of 15 May 2023 he still owns at least 24,263 units of Shore Bancshares stock.

You can see the complete history of Mr. Clemmer stock trades at the bottom of the page.





R. Michael Clemmer biography

R. Michael Clemmer Jr. serves as Independent Director of the Company. serves as Independent Director of the Company. Mr. Clemmer had been a director of Talbot Bank since 2012 and subsequently became a director of the Bank and the Company after the merger of Talbot Bank and CNB in July 2016. Mr. Clemmer is President of Salisbury, Inc., a company that designs and manufactures pewter, sterling silver and other metal giftware, a position he has held since 1991. In 1995, Mr. Clemmer founded Executive Decision, Inc. a corporate recognition company. Since 1992, Mr. Clemmer has been involved in the development, acquisition and renovation of industrial and commercial property. He is founder of Waterside Properties LLC, a property development and management company. Mr. Clemmer is a graduate of the University of Richmond and has been a resident of Talbot County since 1982. In nominating Mr. Clemmer, the Nominating and Governance Committee considered as important factors Mr. Clemmer’s leadership capabilities, real estate development in our key market area, and his civic participation in the business community.

What is the salary of R Clemmer?

As the Independent Director of Shore Bancshares, the total compensation of R Clemmer at Shore Bancshares is $47,000. There are 7 executives at Shore Bancshares getting paid more, with Lloyd Beatty having the highest compensation of $894,204.



How old is R Clemmer?

R Clemmer is 52, he's been the Independent Director of Shore Bancshares since 2016. There are 16 older and 1 younger executives at Shore Bancshares. The oldest executive at Shore Bancshares Inc. is Edward Conley Allen Jr., 73, who is the Exec. VP & CFO.

What's R Clemmer's mailing address?

R's mailing address filed with the SEC is 28969, Information Lane, Easton, Talbot County, Maryland, 21601, United States.

Insiders trading at Shore Bancshares

Over the last 23 years, insiders at Shore Bancshares have traded over $1,357,570 worth of Shore Bancshares stock and bought 126,894 units worth $1,425,725 . The most active insiders traders include Alan J Hyatt, W Moorhead Vermilye, and David S. Jones. On average, Shore Bancshares executives and independent directors trade stock every 40 days with the average trade being worth of $43,462. The most recent stock trade was executed by Lacey Amanda Pierce on 1 July 2024, trading 1,352 units of SHBI stock currently worth $18,631.



What does Shore Bancshares do?

shore united bank is a full-service community bank with a rich history dating back to 1876. our bank was formed by the union of two sister banks, formerly cnb and the talbot bank. together, we offer innovative banking services delivered with the personal touch you expect from a community bank. we are built around the character of our people and committed to the success of our clients and our communities. in excess of one billion in assets, shore united bank is a member of the shore bancshares community of companies, the largest independent financial services company on the delmarva peninsula to offer banking, insurance and investment services to families and businesses in the mid-atlantic region. our community of companies also includes: • wye financial & trust • avon-dixon agency • freestate and son • elliott wilson insurance (trucking) • jack martin & associates (boat & yacht insurance) together, our team of experienced professionals is dedicated to helping our clients navigate towar



What does Shore Bancshares's logo look like?

Shore Bancshares Inc. logo

Complete history of Mr. Clemmer stock trades at Shore Bancshares

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
15 May 2023 R. Michael Clemmer
Director
Buy 2,000 $10.98 $21,960
15 May 2023
24,263


Shore Bancshares executives and stock owners

Shore Bancshares executives and other stock owners filed with the SEC include: