James S Mahan Rev Trust (NYSE: LOB) outlines Rule 144 share sale

Rhea-AI Filing Summary

James S Mahan Rev Trust has filed a notice of proposed sale under Rule 144 for 10,000 shares of common stock, with an aggregate market value of $410,100.00, to be sold through Fidelity Brokerage Services LLC on or about 02/04/2026 on the NYSE.

The issuer had 45,857,617 shares of this class outstanding. The trust previously sold eight 10,000-share blocks between November and December 2025, including sales on 11/26/2025 for $321,747.83 and on 12/19/2025 for $361,758.75.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	10000	410100.00	45857617	02/04/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	08/20/2020	Open Market Purchase	Issuer			10000	08/20/2020	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	11/26/2025	10000	321747.83
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	11/28/2025	10000	320458.60
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	12/03/2025	10000	330467.30
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	12/05/2025	10000	328114.80
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	12/10/2025	10000	343307.20
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	12/12/2025	10000	351337.65
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	12/17/2025	10000	359724.00
James S Mahan Rev Trust 171 Tiburon Drive Wilmington NC 28403	Common	12/19/2025	10000	361758.75

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many shares are being sold under the Rule 144 notice for LOB?

10,000 shares of common stock are planned for sale under this Rule 144 notice. The filing lists 10,000 shares with an aggregate market value of $410,100.00, to be sold through Fidelity Brokerage Services LLC on or about February 4, 2026, on the NYSE.

Who is selling LOB shares in this Rule 144 filing?

The James S Mahan Rev Trust is the selling holder in this Rule 144 notice. The trust reports prior sales and now plans to sell an additional 10,000 common shares through Fidelity Brokerage Services LLC on the NYSE, consistent with Rule 144 requirements.

What is the market value of LOB shares covered by this planned Rule 144 sale?

The planned sale covers an aggregate market value of $410,100.00. This value corresponds to 10,000 common shares listed in the filing, which are expected to be sold on the NYSE through Fidelity Brokerage Services LLC around February 4, 2026.

How many LOB shares were outstanding at the time of the Rule 144 notice?

The filing states that 45,857,617 shares of the relevant class were outstanding. This figure provides context for the planned 10,000-share Rule 144 sale by the James S Mahan Rev Trust, indicating the relative size of the proposed transaction.

What prior LOB share sales has James S Mahan Rev Trust reported in the last three months?

The trust reported eight prior sales of 10,000 common shares each over the past three months. These occurred between November 26 and December 19, 2025, with listed gross proceeds for each transaction ranging from approximately $321,747.83 to $361,758.75.

When were the LOB shares being sold under Rule 144 originally acquired and how were they paid for?

The 10,000 common shares were acquired on August 20, 2020 through an open market purchase from the issuer. The filing notes that payment was made on the same date in cash, indicating a straightforward cash purchase without installment or non-cash consideration.