Form 4 for LOB Live Oak Bancshares, Inc.
Accepted 2025-12-17 00:00:00 ET · period of report 2025-12-15 · accession 0002030240-25-000005 · 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 | 2025-12-17 | 2025-12-15 | LOB | Cairns Michael | Chief Credit Off | M - OptEx | — | +235 | 9,573 | +3% | — |
| D | 2025-12-17 | 2025-12-15 | LOB | Cairns Michael | Chief Credit Off | F - Tax | $35.31 | -105 | 9,468 | -1% | -$3,708 |
| D | 2025-12-17 | 2025-12-15 | LOB | Cairns Michael | Chief Credit Off | M - OptEx | $0.00 | -235 | 236 | -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 | 2025-12-15 | M | A | 235 | — | 9,573 | 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. |
| 2 | Common | Voting Common Stock | 2025-12-15 | F | D | 105 | $35.31 | 9,468 | D | — | — | |
| 3 | Derivative | Restricted Stock Units | 2025-12-15 | M | D | 235 | $0.00 | 236 | D | — · — to — | 235 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) 235 of the RSUs vested on each of December 15, 2024 and 2025, and 236 of the RSUs will vest on December 15, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date |