Form 4: Live Oak Bancshares CEO Sells Shares
Insider Transaction (Form 4)
James S Mahan Iii, Chief Executive Officer, a Director and 10% owner of Live Oak Bancshares, Inc., sold 10,000 shares of common stock on September 3, 2026 for $39.75 per share.
Summary
- Open-market sale: disposed of 10,000 Voting Common Stock at $39.75 ($397,466) on September 3, 2026; holds 2,767,844 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $397,466 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
James S Mahan Iii — Director, Officer (Chief Executive Officer), 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-03 | Open-market sale | Voting Common Stock | 10,000 | $40 | $397.5K | 2,767,844 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-03 | Open-market sale (10,000 shares) |
Keywords
insider transaction, Form 4, LOB, Live Oak Bancshares, Inc., bearish, James S Mahan Iii
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