Officer/Director Files Intent to Sell Additional $362K in Shares, Continuing Recent Sales Pattern
LOB sits 38% above its 52-week low of $26.19.
Summary
An Officer and Director of Live Oak Bancshares, Inc. has filed to sell an additional $362,263 worth of shares, extending a recent pattern of insider selling.
Key Events · Ownership and Investor Activity · LOB
-
Officer/Director Files Intent to Sell
James S. Mahan III, an Officer and Director, filed a Form 144 to sell 10,000 common shares.
-
Proposed Sale Value
The proposed sale is valued at approximately $362,263.
-
Continuation of Recent Insider Sales
This filing extends a pattern of sales by Mahan, who has sold over $3.3 million worth of shares in the past three months, indicating ongoing insider disposition.
Analysis · LOB · Finance
James S. Mahan III, an Officer and Director, has filed a Form 144 indicating intent to sell an additional 10,000 shares worth approximately $362,263. This follows a series of sales by Mahan, totaling over $3.3 million in the past three months, and adds to the pattern of insider selling observed recently. The ongoing disposition of shares by a key insider could be interpreted as a lack of confidence or a move for personal liquidity.
How filings like this one have moved
In the 30 days to Oct 26, 2026, 36.2% of the 898 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.75%. 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 $36.19 on NYSE in the Finance sector, with a market capitalization of approximately $1.7B. The 52-week trading range was $26.19 to $42.89. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.