Form 4: Live Oak Bancshares Director Exercises Stock Options
SEC Form 4 Filing
Diane Beth Glossman, a director of Live Oak Bancshares, Inc., exercised stock options on May 1, 2025, acquiring 2,327 shares of voting common stock.
Summary
- On May 1, 2025, Diane Beth Glossman, a director of Live Oak Bancshares, Inc., executed a transaction involving the company's securities.
- Glossman exercised restricted stock units, which converted into 2,327 shares of Live Oak Bancshares voting common stock.
- Following the transaction, Glossman directly owns 72,983 shares of Live Oak Bancshares voting common stock.
- The restricted stock units vested on May 1, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction. It is neutral in tone and does not convey any particular positive or negative sentiment.
Industry Context
This is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a relatively small number of shares.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: Director exercised restricted stock units. |
| 05/01/2025 | Restricted stock units vested. |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Live Oak Bancshares, Director, Stock Options, Form 4, Securities, Ownership, Transaction
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