Live Oak Bancshares (LOB) insider plans 2,000-share sale after prior 3,000-share trade
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.
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Key Figures
Shares to be sold: 2,000 shares
Aggregate market value of proposed sale: $87,258.00
Shares outstanding: 46,262,391 shares
+4 more
7 metrics
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
Key Terms
Restricted Stock Award, Equity Compensation, JT TEN
3 terms
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.