Form 4: Live Oak Bancshares CEO Sells Shares
Insider Transaction (Form 4)
James S Mahan Iii, Chief Executive Officer, a Director and 10% owner of Live Oak Bancshares, Inc., sold 20,000 shares of common stock on August 19, 2026.
Summary
- Open-market sale: disposed of 8,002 Voting Common Stock at $41.05 ($328,464) on August 19, 2026; holds 2,819,842 after (Indirect).
- Open-market sale: disposed of 1,998 Voting Common Stock at $41.97 ($83,852) on August 19, 2026; holds 2,817,844 after (Indirect).
- Open-market sale: disposed of 10,000 Voting Common Stock at $40.53 ($405,283) on August 20, 2026; holds 2,807,844 after (Indirect).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $817,600 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
James S Mahan Iii — Director, Officer (Chief Executive Officer), 10% owner
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-19 | Open-market sale | Voting Common Stock | 8,002 | $41 | $328.5K | 2,819,842 |
| 2026-08-19 | Open-market sale | Voting Common Stock | 1,998 | $42 | $83.9K | 2,817,844 |
| 2026-08-20 | Open-market sale | Voting Common Stock | 10,000 | $41 | $405.3K | 2,807,844 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-19 | Open-market sale (8,002 shares) |
| 2026-08-19 | Open-market sale (1,998 shares) |
| 2026-08-20 | Open-market sale (10,000 shares) |
Keywords
insider transaction, Form 4, LOB, Live Oak Bancshares, Inc., bearish, James S Mahan Iii
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