Live Oak CEO Sells $737,000 in Stock as Shares Climb 35% Over the Past Year
This North Carolina-based commercial lender reported a notable insider sale amid continued growth in lending and wealth management services.
Live Oak CEO Sells $737,000 in Stock as Shares Climb 35% Over the Past Year
Overview
James S. III Mahan, the Chief Executive Officer of Live Oak Bancshares (NYSE:LOB), reported the indirect sale of 20,000 shares of Common Stock over June 3 and June 4, 2026, for a total value of approximately $737,000, as detailed in the SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($36.87).
Details
Live Oak Bancshares, Inc. is a regional financial institution with a specialized focus on commercial banking and government-backed lending. The company leverages a diversified business model that combines traditional banking with specialized financial services and investment management.
Source
Originally published at www.fool.com.


