Officer and Director Files to Sell Additional $387K in Shares, Continuing Recent Trend
LOB sits 40% above its 52-week low of $27.35.
Summary
An Officer and Director of Live Oak Bancshares has filed to sell an additional $387,321 in shares, continuing a recent pattern of insider sales.
Key Events · Ownership and Investor Activity · LOB
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Intent to Sell Shares
Officer and Director James S. Mahan III filed a Form 144 to sell 10,000 shares of common stock, valued at approximately $387,321.
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Continuation of Insider Selling Trend
This filing is part of an ongoing pattern, with Mahan having sold 100,000 shares totaling over $3.6 million in gross proceeds over the past three months.
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Broader Insider Distribution
The company has seen a net distribution of over $6.4 million in open-market sales by insiders over the last 90 days.
Analysis · LOB · Finance
James S. Mahan III, an Officer and Director, has filed a Form 144 indicating intent to sell an additional $387,321 worth of common stock. This filing extends a pattern of insider sales from Mahan, who has sold over $3.6 million in shares in the past three months, and contributes to a broader net distribution trend by insiders totaling over $6.4 million in the last 90 days.
How filings like this one have moved
In the 30 days to Sep 14, 2026, 29.9% of the 1591 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.24%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, LOB was trading at $38.21 on NYSE in the Finance sector, with a market capitalization of approximately $1.8B. The 52-week trading range was $27.35 to $42.89. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.