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Live Oak Bancshares (LOB) insider plans 2,000-share sale after prior 3,000-share trade

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

The filing reports a planned sale of 2,000 shares of common stock through Charles Schwab & Co., Inc., with an aggregate market value of $87,258.00. The issuer has 46,262,391 shares of common stock outstanding, and the proposed sale is targeted for August 4, 2026 on the NYSE.

The selling holder previously received 3,000 shares as a Restricted Stock Award from the issuer on May 1, 2024 as equity compensation. During the past three months, David George Lucht and Mary Lucht (JT TEN) sold 3,000 shares of common stock on July 27, 2026 for total proceeds of $126,396.30.

Positive

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Shares to be sold 2,000 shares Proposed common stock sale through Charles Schwab & Co., Inc.
Aggregate market value of proposed sale $87,258.00 Estimated value of 2,000 common shares to be sold
Shares outstanding 46,262,391 shares Issuer’s common stock outstanding
Planned sale date 08/04/2026 Target date for proposed NYSE sale
Restricted Stock Award 3,000 shares Equity compensation granted on 05/01/2024
Recent shares sold 3,000 shares Sale by David George Lucht & Mary Lucht on 07/27/2026
Proceeds from recent sale $126,396.30 Total for 3,000 common shares sold on 07/27/2026
Restricted Stock Award financial
"Common Stock | 05/01/2024 | Restricted Stock Award | Issuer"
A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.
Equity Compensation financial
"3000 | 05/01/2024 | Equity Compensation"
Equity compensation is pay given to employees, executives or contractors in the form of company ownership—such as stock, stock options or restricted shares—rather than just cash. It matters to investors because it can align workers' incentives with shareholders (like paying someone in slices of the same pie they help grow), but it also increases the number of shares outstanding and company expenses, affecting ownership percentages and earnings per share.
JT TEN financial
"David George Lucht & Mary Lucht JT TEN C/O 1741 Tiburon"

AI-generated analysis. How Rhea-AI works. Not financial advice.

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FAQ

What stock sale is Live Oak Bancshares (LOB) planning under this Form 144?

The filing covers a proposed sale of 2,000 shares of common stock through Charles Schwab & Co., Inc., with an aggregate market value of $87,258.00, expected to be sold on August 4, 2026 on the NYSE.

How many Live Oak Bancshares (LOB) shares are outstanding in this Form 144?

The filing states that there are 46,262,391 shares of the issuer’s common stock outstanding. This figure provides context for the 2,000 shares proposed to be sold under the Form 144 notice.

What prior equity compensation is disclosed for Live Oak Bancshares (LOB) in this filing?

The filer previously received 3,000 shares of common stock as a Restricted Stock Award from the issuer on May 1, 2024. The filing classifies this grant as equity compensation from the issuer.

What recent sales of Live Oak Bancshares (LOB) stock are reported?

The filing reports that David George Lucht and Mary Lucht (JT TEN) sold 3,000 shares of common stock on July 27, 2026 for total proceeds of $126,396.30. This transaction occurred within the past three months.

Through which broker will the Live Oak Bancshares (LOB) shares be sold?

The proposed sale of 2,000 shares of common stock is to be executed through Charles Schwab & Co., Inc., located at 3000 Schwab Way, Westlake, TX 76262, with trading on the NYSE.

On what date is the Live Oak Bancshares (LOB) Form 144 sale expected?

The filing indicates an expected sale date of August 4, 2026 for the 2,000 shares of common stock to be sold on the NYSE through Charles Schwab & Co., Inc.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature