Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2025-11-20 00:00:00 ET · period of report 2025-11-18 · accession 0001656656-25-000003 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2025-11-20 | 2025-11-18+ | LOB | Seward Gregory W | GC | M - OptEx | $14.55 | +13.5K | 107.3K | +14% | +$196.4K |
| D | 2025-11-20 | 2025-11-18 | LOB | Seward Gregory W | GC | F - Tax | $30.04 | -3,051 | 105.8K | -3% | -$91.7K |
| D | 2025-11-20 | 2025-11-19 | LOB | Seward Gregory W | GC | S - Sale+OE | $30.20 | -1,200 | 106.1K | -1% | -$36.2K |
| DM | 2025-11-20 | 2025-11-18+ | LOB | Seward Gregory W | GC | M - OptEx | $0.00 | -13.5K | 1,500 | -90% | $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 | 2025-11-18 | M | A | 12,000 | $14.55 | 108,877 | D | — | — | |
| 2 | Common | Voting Common Stock | 2025-11-18 | F | D | 3,051 | $30.04 | 105,826 | D | — | — | |
| 3 | Common | Voting Common Stock | 2025-11-19 | S | D | 1,200 | $30.20 | 106,126 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $30.16 to $30.247. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected. |
| 4 | Common | Voting Common Stock | 2025-11-19 | M | A | 1,500 | $14.55 | 107,326 | D | — | — | |
| 5 | Derivative | Employee Stock Option (right to buy) | 2025-11-19 | M | D | 1,500 | $0.00 | 0 | D | $14.55 · — to 2025-11-19 | 1,500 Voting Common Stock | (F2) The shares subject to this option vested and became exercisable yearly in seven installments beginning on November 19, 2016, as follows: 10% of the shares subject to the option vested on each of November 19, 2016, 2017, 2018, 2019, and 2020; and 25% of the shares subject to the option vested on each of November 19, 2021 and 2022. |
| 6 | Derivative | Employee Stock Option (right to buy) | 2025-11-18 | M | D | 12,000 | $0.00 | 1,500 | D | $14.55 · — to 2025-11-19 | 12,000 Voting Common Stock | (F2) The shares subject to this option vested and became exercisable yearly in seven installments beginning on November 19, 2016, as follows: 10% of the shares subject to the option vested on each of November 19, 2016, 2017, 2018, 2019, and 2020; and 25% of the shares subject to the option vested on each of November 19, 2021 and 2022. |