Live Oak Bancshares, Inc. filings document the regulatory record of a financial holding company whose principal subsidiary is Live Oak Bank. The company’s 8-K reports cover operating results and financial condition, dividend declarations on Voting Common Stock and Series A preferred depositary shares, executive compensation actions, equity awards, and risk-management leadership changes.
Proxy materials describe governance matters, executive compensation, equity-award disclosure and shareholder voting items. Other filings include Form 12b-25 filing-status notices and capital-structure references to common stock and the company’s 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.
Live Oak Bancshares, Inc. General Counsel Gregory W. Seward sold 4,514 shares at a weighted average price of $35.2602 per share and 486 shares at a weighted average price of $35.7734 per share on October 26, 2026. The sales were effected under a Rule 10b5-1 trading plan adopted on February 27, 2026. Seward's reported direct RSU positions represent 2,370, 23,898, 8,262, 7,412 and 8,383 underlying common shares. Each RSU represents a contingent right to one share; the related five-equal-installment vesting schedules begin on February 14, 2023, February 13, 2024, February 12, 2025, February 10, 2026 and February 9, 2027, respectively, subject to continuous service.
Live Oak Bancshares, Inc. (LOB) officer Gregory Seward reported a proposed sale of 5,000 common shares through Fidelity Brokerage Services LLC, with an approximate sale date of October 26, 2026. The stated aggregate market value is $176,550.29.
Live Oak Bancshares, Inc. (LOB) reported third-quarter 2026 net income attributable to common shareholders of $24.260 million, or $0.52 per diluted common share. Total revenue was $175.646 million, up 23.4% from the third quarter of 2025, while net interest income rose 15.2% to $133.009 million. Pre-provision net revenue reached $89.926 million, up 52.9% year over year.
Common-shareholder net income declined 5.1% year over year and 30.1% from the second quarter. Provision for credit losses was $54.700 million, up 145.9% from a year earlier. The company said it was primarily driven by $17.0 million related to the stressed distillery portfolio and reserves supporting continued loan growth.
As of September 30, 2026, total assets were $16,965.575 million and deposits were $15,468.175 million, up 15.7% and 16.4% year over year, respectively; quarterly loan and lease production was $2,133.637 million. Live Oak also cited an identified material weakness in internal control over financial reporting among risks that could affect results.
Live Oak Bancshares, Inc. (LOB) reported that Renato Derraik notified the company on October 14, 2026, of his resignation as Chief Information & Digital Officer of Live Oak Banking Company. He is resigning to pursue other endeavors, and his last day of employment with the bank will be November 6, 2026.
Live Oak Bancshares, Inc. (LOB) reported that Chief Executive Officer and director James S. Mahan III filed a Form 4 disclosing indirect sales of Voting Common Stock. On September 9 and 10, 2026, a revocable trust associated with him sold 20,000 shares in total at weighted average prices in the high-$38 range, in open-market or private transactions.
The filing states these sales were effected under a Rule 10b5-1 trading plan adopted on August 27, 2025. After these transactions, Mahan reports continued indirect holdings through several entities, including 3,032,547 shares held by the Marguerite D. Mahan Revocable Trust and additional stakes held by family trusts and an LLC.
Live Oak Bancshares, Inc. (LOB) is the issuer for a planned sale of common stock under Rule 144 for the account of James S. Mahan III, through the James S Mahan Rev Trust. The notice covers a proposed sale of 10,000 shares of common stock, with an aggregate market value of $387,484.84, while total common shares outstanding are listed as 46,283,620 as of September 10, 2026. The shares to be sold were originally acquired on December 18, 2008 as pre‑IPO shares for cash from the issuer. The filing also lists multiple prior sales of 10,000-share blocks by the same trust during the past three months.
Live Oak Bancshares, Inc. (LOB) received a Rule 144 notice that James S. Mahan III, through Fidelity Brokerage Services LLC, plans to sell 10,000 shares of common stock, with an indicated aggregate market value of $386,312.10 as of September 9, 2026.
The notice states that this sale and multiple prior sales over the past three months were made from the James S Mahan Revocable Trust, where Mahan is a trustee and account stakeholder. Those earlier trust sales each involved 10,000 shares of common stock on various dates in June, August, and early September 2026 with reported proceeds in the $380,000–$430,000 range per block.
Live Oak Bancshares, Inc. (LOB) director William L. Williams III reported selling 6,590 shares of Voting Common Stock on September 3, 2026 at a weighted average price of $40.0941 per share through the William L. Williams Revocable Trust.
The sale was effected under a Rule 10b5-1 trading plan adopted on March 12, 2026. After this transaction, the Revocable Trust reported owning 1,105,725.8621 shares indirectly, while Williams also reported 52,825 shares held directly and additional indirect holdings of 14,110 shares through Spoint-ILM, LLC and 137,025 shares through the Elizabeth Williams Family Trust.
Live Oak Bancshares, Inc. (LOB) insider activity shows a trust associated with Chief Executive Officer and director James S. Mahan III selling 10,000 shares of voting common stock on September 3, 2026 at a weighted average price of $39.75 per share under a Rule 10b5-1 trading plan adopted on August 27, 2025. After this sale, the James S. Mahan Revocable Trust held 2,767,844 shares indirectly, while other family-related trusts and an LLC continued to hold additional indirect positions.
Live Oak Bancshares, Inc. (LOB) director Bradford Tonya Williams reported selling 1,600 shares of Voting Common Stock on September 3, 2026 at $39.89 per share, leaving 8,043 shares held directly. Williams also holds Restricted Stock Units representing 2,486 underlying shares of voting common stock that are scheduled to vest on May 1, 2027.