Form 4: Live Oak Bancshares Director, Tonya Williams Bradford, Reports Stock Transactions
SEC Form 4 Filing
Tonya Williams Bradford, a director at Live Oak Bancshares, reported the vesting and disposal of 2,327 restricted stock units on May 1, 2025.
Summary
- On May 1, 2025, Tonya Williams Bradford, a director of Live Oak Bancshares, Inc., reported a transaction involving restricted stock units.
- The transaction involved the vesting of 2,327 restricted stock units, each representing a contingent right to receive one share of Live Oak Bancshares voting common stock.
- Following the transaction, Bradford directly owns 8,197 shares of Voting Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing detailing stock transactions by a company director. It doesn't inherently indicate positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, like directors, who trade in their company's stock. It provides transparency to the market regarding the transactions of those with privileged information.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 05/01/2025 | Date of transaction: vesting of restricted stock units. |
| 05/05/2025 | Date of signature on the Form 4 filing. |
Keywords
Live Oak Bancshares, Director, Stock Transaction, Restricted Stock Units, Beneficial Ownership, Form 4, LOB
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