The estimated Net Worth of Lloyd L Jr Beatty is at least $2.47 Million dollars as of 8 February 2023. Mr. Beatty owns over 420 units of Shore Bancshares stock worth over $1,580,649 and over the last 22 years he sold SHBI stock worth over $0. In addition, he makes $894,204 as President, Chief Executive Officer, and Director at Shore Bancshares.
Lloyd has made over 10 trades of the Shore Bancshares stock since 2011, according to the Form 4 filled with the SEC. Most recently he bought 420 units of SHBI stock worth $7,417 on 8 February 2023.
The largest trade he's ever made was exercising 35,180 units of Shore Bancshares stock on 31 January 2018 worth over $265,257. On average, Lloyd trades about 1,710 units every 132 days since 2003. As of 8 February 2023 he still owns at least 114,706 units of Shore Bancshares stock.
You can see the complete history of Mr. Beatty stock trades at the bottom of the page.
Lloyd L. Beatty Jr., CPA serves as President, Chief Executive Officer, Director of the Company. Mr. Beatty has served as the Company’s President and Chief Executive Officer (“CEO”) since June 2013 and as a director of the Company since 2000. Prior to the merger of our banking subsidiaries, CNB and The Talbot Bank of Easton (“Talbot Bank”), which formed Shore United Bank, in July 2016, Mr. Beatty served as a director of the Talbot Bank since 1992 and as a director of CNB since 2015 and subsequently became a director of the Bank following the merger. Since January 2011, Mr. Beatty has served as our President and Chief Operating Officer (“COO”) and previously served as our Executive Vice President and COO since August 2007. Prior to that and since October 2004, Mr. Beatty has been employed by us in various executive level operating officer capacities. Prior to joining the Company, Mr. Beatty was the Chief Operating Officer of Darby Overseas Investments, LP, a global private equity firm, and President of Darby Advisors, Inc., a privately held family investment business, from 1998 to 2005. Mr. Beatty was also a practicing certified public accountant for 25 years and a principal in the accounting firm Beatty, Satchell & Company from 1977 to 1998. In nominating Mr. Beatty, the Nominating and Governance Committee considered as important factors Mr. Beatty’s extensive financial knowledge and operational experience, as well as his familiarity with an important market area in which we compete, his experience with the Bank and his experience in advising companies on financial and tax matters, merger and acquisition transactions, and insurance operations.
As the President, Chief Executive Officer, and Director of Shore Bancshares, the total compensation of Lloyd Beatty at Shore Bancshares is $894,204. There are no executives at Shore Bancshares getting paid more.
Lloyd Beatty is 67, he's been the President, Chief Executive Officer, and Director of Shore Bancshares since 2015. There are 5 older and 13 younger executives at Shore Bancshares. The oldest executive at Shore Bancshares Inc. is Edward Conley Allen Jr., 73, who is the Exec. VP & CFO.
Lloyd's mailing address filed with the SEC is 28969, Information Lane, Easton, Talbot County, Maryland, 21601, United States.
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.
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
Shore Bancshares executives and other stock owners filed with the SEC include: