Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2025-12-10 00:00:00 ET · period of report 2025-12-08 · accession 0002030240-25-000003 · 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 | 2025-12-10 | 2025-12-08+ | LOB | Cairns Michael | Chief Credit Off | F - Tax | $32.98 | -841 | 8,815 | -9% | -$27.7K |
| DM | 2025-12-10 | 2025-12-08+ | LOB | Cairns Michael | Chief Credit Off | M - OptEx | — | +1,889 | 9,236 | +26% | — |
| DM | 2025-12-10 | 2025-12-08+ | LOB | Cairns Michael | Chief Credit Off | M - OptEx | $0.00 | -1,889 | 2,838 | -40% | $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 | 2025-12-09 | F | D | 420 | $33.02 | 9,338 | D | — | — | |
| 2 | Common | Voting Common Stock | 2025-12-09 | M | A | 943 | — | 9,758 | 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 | Common | Voting Common Stock | 2025-12-08 | F | D | 421 | $32.95 | 8,815 | D | — | — | |
| 4 | Common | Voting Common Stock | 2025-12-08 | M | A | 946 | — | 9,236 | 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. |
| 5 | Derivative | Restricted Stock Units | 2025-12-09 | M | D | 943 | $0.00 | 1,886 | D | — · — to — | 943 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. (F3) 943 of the RSUs vested on December 9, 2024 and 2025, and 943 of the RSUs will vest on each of December 9, 2026 and 2027, subject to the reporting person's continuous service to the Company or a related entity on such date. |
| 6 | Derivative | Restricted Stock Units | 2025-12-08 | M | D | 946 | $0.00 | 2,838 | D | — · — to — | 946 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) 945 of the RSUs vested on December 9, 2024, 946 of the RSUs vested on December 8, 2025, and 946 of the RSUs will vest on each of December 8, 2026, 2027, and 2028, subject to the reporting person's continuous service to the Company or a related entity on such date. |