LOB Live Oak Bancshares, Inc.
Price Chart
Executive Summary
James S. Mahan III, a director and/or officer of Live Oak Bancshares, filed a Form 144 to sell 10,000 common shares worth approximately $367,000 through Fidelity. This filing reflects intent to sell, not a completed transaction, and follows a pattern of nearly identical monthly 10,000-share sales in the James S. Mahan Rev Trust since March 2026, suggesting a systematic diversification plan rather than a one-off informed trade. The dollar value is modest for a preferred-stock holder, and the repeated pattern reduces any singular signal.
Actionable Insight
This is a routine 144 filing consistent with a pre-existing pattern of monthly 10,000-share sales by the same trust. It carries minimal incremental signal for the preferred shares (LOB-PA). No immediate trading action is warranted; monitor for any unexpected acceleration or a sale at a materially different price or volume that would break the established pattern.
Key Facts
- Insider James S. Mahan III filed Form 144 to sell 10,000 common shares of Live Oak Bancshares, Inc. (LOB-PA).
- Approximate aggregate dollar value of the proposed sale is $367,000.
- The proposed sale is through Fidelity Brokerage Services LLC.
- Mahan is listed as both Officer and Director.
- This is part of a recurring monthly pattern: similar 10,000-share sales by the James S. Mahan Rev Trust have been recorded in March, May, and June 2026, with 11 similar transactions in the past 3 months.
Financial Impact
$367,000 proposed sale — negligible relative to the bank's total equity and market cap. The pattern of $329k–$377k monthly sales suggests a pre-arranged diversification program.
Risk Factors
- Preferred-share holders (LOB-PA) have limited exposure to common-share insider activity; the sale does not directly affect dividend coverage or credit quality.
- The recurring nature of these sales reduces the likelihood of a negative informational signal.
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-004326 |
| Document: 0001959173-26-004326-index.html | 0001959173-26-004326 |
| Document: 0001959173-26-004326.txt | 0001959173-26-004326 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
5d ago
|
144
| $39.03 $38.33 | ▼ −1.79% | ▼ −3.56% | $38.64 (−1.00%) |
|
Jun 4, 2026
12d ago
|
144
| $25.14 $25.16 | ▲ +0.10% | ▲ +2.67% | $38.64 (+53.73%) |
|
Jun 3, 2026
13d ago
|
144
| $25.14 $25.16 | ▲ +0.10% | ▲ +2.67% | $38.64 (+53.73%) |
|
May 27, 2026
20d ago
|
144
| $25.35 $25.50 | ▲ +0.59% | ▲ +0.05% | $38.64 (+52.43%) |
|
May 21, 2026
26d ago
|
144
| $25.28 $25.34 | ▲ +0.24% | ▼ −0.21% | $38.64 (+52.85%) |
|
May 20, 2026
27d ago
|
144
| $25.27 $25.28 | ▲ +0.04% | ▼ −0.15% | $38.64 (+52.91%) |
|
May 19, 2026
28d ago
|
8-K
| $24.75 $24.76 | ▲ +0.04% | ▼ −0.15% | $38.64 (+56.12%) |
|
May 14, 2026
4w ago
|
144
| $24.77 $24.74 | ▼ −0.11% | ▼ −0.05% | $38.64 (+56.00%) |
|
May 13, 2026
4w ago
|
144
| $25.31 $25.22 | ▼ −0.34% | ▼ −1.11% | $38.64 (+52.70%) |
|
Apr 30, 2026
6w ago
|
144
| $25.32 $25.34 | ▲ +0.08% | ▼ −0.14% | $38.64 (+52.61%) |
US Market Status
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