Form 4: Live Oak Bancshares Executive Stephanie Mann Reports Stock Transactions

Stephanie Mann, Chief Strategy Officer of Live Oak Bancshares, reports the vesting and disposal of restricted stock units and common stock.

Summary

• On February 10, 2025, Stephanie Mann, Chief Strategy Officer of Live Oak Bancshares, engaged in transactions involving the company's voting common stock and restricted stock units (RSUs).
• Mann acquired 1,112 shares of voting common stock through the vesting of RSUs.
• She also acquired 174 shares of voting common stock through the vesting of additional RSUs.
• Simultaneously, Mann disposed of 387 shares of voting common stock at a price of $35.08.
• She also disposed of 61 shares of voting common stock at a price of $35.08.
• Following these transactions, Mann directly owns 29,749 shares of voting common stock.
• Mann also holds various tranches of RSUs that vest over the next several years.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Future Outlook

The document outlines the vesting schedule for various tranches of restricted stock units, indicating future equity compensation for the reporting person.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions in the company's stock. It's a standard practice for publicly traded companies.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in ownership, but the overall impact is likely minimal.

Key Dates

Keywords

Live Oak Bancshares, Stephanie Mann, Form 4, Insider Trading, Restricted Stock Units, Voting Common Stock, Chief Strategy Officer, LOB