Live Oak Bancshares CEO Lobbed Up 10,000 Shares For Sale in December

2 hours ago 4

Adé Hennis, The Motley Fool

Tue, January 13, 2026 astatine 4:15 AM CST 4 min read

The transactions conducted by LOB's CEO lone impacted indirect shares of voting communal stock.
The CEO continued to merchantability much shares of the institution passim December 2025.
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James S. Mahan III, Chief Executive Officer of Live Oak Bancshares (NYSE:LOB), disposed of 10,000 shares done indirect open-market income connected Dec. 10, 2025, arsenic disclosed successful this SEC Form 4 filing.

Metric

Value

Shares sold (indirect)	10,000
Transaction value	~$343,300
Post-transaction shares (direct)
Post-transaction shares (indirect)	3,097,844

Transaction worth based connected SEC Form 4 weighted mean merchantability terms ($34.33).

How important is the transaction comparative to Mahan's remaining equity exposure?
This merchantability represented lone 0.32% of Mahan's aggregate indirect holdings, leaving the immense bulk of his beneficial interest, which is inactive implicit 3 cardinal shares, held via spot and affiliated entities.
What does the commercialized uncover astir nonstop versus indirect insider ownership?
Mahan's nonstop ownership remained astatine zero, with each shares sold successful this filing sourced from indirect holdings managed done trusts specified arsenic the James S. Mahan Revocable Trust, underscoring a penchant for indirect equity vulnerability and property readying vehicles.

Metric

Value

Revenue (TTM)	$434.21 million
Net income (TTM)	$68.61 million
Dividend yield	0.33%
*1-year terms change	-1.71%

* 1-year terms alteration calculated utilizing Jan. 12, 2025 arsenic the notation date.

Live Oak Bancshares operates arsenic a determination slope holding institution with a diversified suite of commercialized banking and fiscal services.
It offers a scope of commercialized banking products and services, including assorted deposit accounts, commercialized and concern loans, existent property lending, and government-guaranteed indebtedness colony and securitization services.
The slope generates gross chiefly done nett involvement income from lending activities, fees from wealthiness absorption and concern advisory services, arsenic good arsenic the servicing of government-backed loans.

Since the mentioned transaction, Mahan continued to merchantability shares indirectly done assorted spot companies. His astir caller transaction was connected Dec. 19, 2025, wherever helium was near with 3.02,547 shares, 30,000 little than what helium had connected Dec. 10. However, these income were predetermined and not conducted by the trusts successful the moment. Using a Rule 10b5-1 trading plan, the merchantability of shares was planned connected Aug. 27, 2025. to beryllium executed connected circumstantial dates successful December.