It probably didn't shear because you don't have enough PTO hp to shear it. That has been the case with my 5' bush hog. I use it on my 24hp
B3200 and 32hp Ford NAA and in three years of use I have yet to shear a pin. The shear pin is designed to protect the gear box and PTO driveline from being overloaded, not necessarily your tractor. If you are using a small tractor you will kill the engine on the tractor before it will shear the pin. Same thing on my post hole digger, never sheared a pin with either tractor, just kills the engine when it gets bound up. This is fine with me, the tractor driveline is built tough enough to take some abuse so I don't worry about it.