Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2026-01-28 00:00:00 ET · period of report 2026-01-26 · accession 0001937224-26-000002 · 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 | 2026-01-28 | 2026-01-26 | LOB | Spencer Courtney | Chief Experience Off | S - Sale+OE | $39.01 | -9,700 | 25.2K | -28% | -$378.4K |
| D | 2026-01-28 | 2026-01-26 | LOB | Spencer Courtney | Chief Experience Off | M - OptEx | $13.59 | +14.0K | 34.9K | +67% | +$190.3K |
| D | 2026-01-28 | 2026-01-26 | LOB | Spencer Courtney | Chief Experience Off | M - OptEx | $0.00 | -14.0K | 0 | -100% | $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 | 2026-01-26 | S | D | 9,700 | $39.01 | 25,160 | D | — | — | (F1) This transaction was executed in multiple trades at prices ranging from $39.000 to $39.155. 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. |
| 2 | Common | Voting Common Stock | 2026-01-26 | M | A | 14,000 | $13.59 | 34,860 | D | — | — | |
| 3 | Derivative | Stock Option (right to buy) | 2026-01-26 | M | D | 14,000 | $0.00 | 0 | D | $13.59 · — to 2026-02-16 | 14,000 Voting Common Stock | (F2) The shares subject to this option vested and became exercisable yearly in seven installments beginning on February 16, 2017, as follows: 10% of the shares subject to the option vested on each of February 16, 2017, 2018, 2019, 2020, and 2021; 25% of the shares subject to the option vested on February 16, 2022; and 25% of the shares subject to the option vested on February 16, 2023. |