The estimated Net Worth of David J Bates is at least $65.5 Thousand dollars as of 27 May 2014. Mr. Bates owns over 1,000 units of Shore Bancshares stock worth over $20,973 and over the last 11 years he sold SHBI stock worth over $0. In addition, he makes $44,500 as Independent Director at Shore Bancshares.
David has made over 1 trades of the Shore Bancshares stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 1,000 units of SHBI stock worth $8,250 on 27 May 2014.
The largest trade he's ever made was buying 1,000 units of Shore Bancshares stock on 27 May 2014 worth over $8,250. On average, David trades about 40 units every 0 days since 2014. As of 27 May 2014 he still owns at least 1,522 units of Shore Bancshares stock.
You can see the complete history of Mr. Bates stock trades at the bottom of the page.
David J. Bates serves as Independent Director of the Company. Mr. Bates has been a director of the Company since 2012 and became a director of the Bank following the merger of our subsidiary banks in July 2016. Since September 2014, Mr. Bates has served as Chairman & CEO of Xtone, Inc., a small privately held technology company located in Northern Virginia. He has a Master’s Degree in economics and an MBA in finance and was employed by the World Bank Group headquartered in Washington, DC for 20 years. During that time he served 10 years as a specialist in project loan finance at International Finance Corporation, World Bank Group’s private sector affiliate. In nominating Mr. Bates, the Nominating and Governance Committee considered as important factors Mr. Bates’ experience in banking and finance as well as his experience in corporate governance matters gained through service on a number of private corporate and nonprofit boards.
As the Independent Director of Shore Bancshares, the total compensation of David Bates at Shore Bancshares is $44,500. There are 11 executives at Shore Bancshares getting paid more, with Lloyd Beatty having the highest compensation of $894,204.
David Bates is 72, he's been the Independent Director of Shore Bancshares since 2012. There are 1 older and 16 younger executives at Shore Bancshares. The oldest executive at Shore Bancshares Inc. is Edward Conley Allen Jr., 73, who is the Exec. VP & CFO.
David'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: