Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2025-02-25 00:00:00 ET · period of report 2025-02-24 · accession 0001578563-25-000141 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2025-02-25 | 2025-02-24 | LOB | Cairns Michael | Chief Credit Off | F - Tax | $31.99 | -73 | 6,946 | -1% | -$2,335 |
| D | 2025-02-25 | 2025-02-24 | LOB | Cairns Michael | Chief Credit Off | M - OptEx | — | +145 | 7,019 | +2% | — |
| D | 2025-02-25 | 2025-02-24 | LOB | Cairns Michael | Chief Credit Off | M - OptEx | $0.00 | -145 | 145 | -50% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Voting Common Stock | 2025-02-24 | F | D | 73 | $31.99 | 6,946 | D | — | — | |
| 2 | Common | Voting Common Stock | 2025-02-24 | M | A | 145 | — | 7,019 | D | — | — | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock. |
| 3 | Derivative | Restricted Stock Units | 2025-02-24 | M | D | 145 | $0.00 | 145 | D | — · — to — | 145 Voting Common Stock | (F1) Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock. (F2) 145 of the RSUs vested on February 24, 2025 and 145 of the RSUs will vest on February 22, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date. |