Form 4: Live Oak Bancshares Executive Reports Stock Transaction
Insider Transaction (Form 4)
Michael Cairns, Chief Credit Officer of Live Oak Bancshares, Inc., reported multiple transactions in common stock on August 19, 2026.
Summary
- Option exercise/conversion: acquired 2,420 Voting Common Stock on August 19, 2026; holds 12,604 after (Direct).
- Tax/exercise-price withholding: disposed of 1,076 Voting Common Stock at $40.89 ($43,998) on August 19, 2026; holds 11,528 after (Direct).
- Option exercise/conversion: disposed of 2,420 Restricted Stock Units on August 19, 2026; holds 7,260 after (Direct).
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as routine: the reported changes are grants, option exercises, tax withholding or similar administrative transactions, which carry limited directional signal.
Insider Transactions
Michael Cairns — Officer (Chief Credit Officer)
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-19 | Option exercise/conversion | Voting Common Stock | 2,420 | — | — | 12,604 |
| 2026-08-19 | Tax/exercise-price withholding | Voting Common Stock | 1,076 | $41 | $44.0K | 11,528 |
| 2026-08-19 | Option exercise/conversion | Restricted Stock Units | 2,420 | — | — | 7,260 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-19 | Option exercise/conversion (2,420 shares) |
| 2026-08-19 | Tax/exercise-price withholding (1,076 shares) |
| 2026-08-19 | Option exercise/conversion (2,420 shares) |
Keywords
insider transaction, Form 4, LOB, Live Oak Bancshares, Inc., neutral, Michael Cairns
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