SHIELDS DALE

PrivateCIK: 1809941
Location

ANNAPOLIS, MD

SHIELDS DALE enters SEVERN BANCORP INC with 10K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Derivatives
InsiderSHIELDS DALECIK 1809941
IssuerSEVERN BANCORP INCCIK 868271
Director
Since May 2020
10K
Baseline shares
100% direct
10K
Direct ownership
1 position
1.50K
Derivative underlying
1 instrument
1
Security positions
All direct
Non-Derivative Holdings1

Common Stock

Direct
Shares owned10K
Total
10K direct10K
Derivative Holdings1

Employee Stock Option (Right to Buy)

Direct
Underlying security
Common Stock

Underlying shares

1.50K

Shares owned

N/A

Exercise price

8.26

Expiration

Exercise window

Total

Underlying

1.50K

Owned

0.00

SHIELDS DALE — Initial Ownership Disclosure (Form 3) Filed May 11, 2020 | Finecho