LOB insider files Form 144 for 140,000 shares

The issuer LOB is the subject of a Form 144 notice reporting multiple proposed sales by the James S Mahan Rev Trust.

Rhea-AI Filing Summary

The issuer LOB is the subject of a Form 144 notice reporting multiple proposed sales by the James S Mahan Rev Trust. The filing lists 14 separate transactions of 10,000 shares each on dates between 11/26/2025 and 02/19/2026, shown as examples of recent sales activity totaling 140,000 shares. Trades are shown as open market purchases/sales with per‑trade cash values listed alongside each date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 for LOB disclose?

It discloses proposed sales by the James S Mahan Rev Trust totaling 140,000 shares. The filing lists 14 transactions of 10,000 shares each dated from 11/26/2025 to 02/19/2026, with per‑trade cash figures shown.

How many shares did the trustee report selling for LOB?

The trustee's entries list 14 sales of 10,000 shares each, totaling 140,000 shares. Each row includes the trade date and a cash amount for that specific 10,000‑share transaction.

Which entity is listed as the seller in the LOB Form 144?

The seller is identified as the James S Mahan Rev Trust. The trust's address and multiple 10,000‑share sale rows appear in the filing between 11/26/2025 and 02/19/2026.

Are the transactions shown as open market trades for LOB?

Yes — the filing shows open market sales. The document labels trades as open market transactions and includes cash amounts per 10,000‑share sale, indicating public market execution.

Does the Form 144 list recent per‑trade cash values for LOB sales?

Yes — each 10,000‑share transaction includes a cash value. Examples include $321,747.83 on 11/26/2025 and $403,243.30 on 02/18/2026 as shown in the filing.

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

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Accepted by SEC EDGAR 02/25/2026 - 04:17 PM EST Learn about SEC filing dates

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	0001036743
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Live Oak Bancshares, Inc.
SEC File Number	001-37497
Address of Issuer	1741 TIBURON DRIVE WILMINGTON NORTH CAROLINA 28403
Phone	910-790-5867
Name of Person for Whose Account the Securities are To Be Sold	MAHAN JAMES S III
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	Officer
Relationship to Issuer	Director

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	393218.38	45857617	02/25/2026	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	08/17/2020	Open Market Purchase	Issuer			10000	08/17/2020	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
James S Mahan Rev Trust 171 Tiburon Drive Wilmington NC 28403	Common	02/04/2026	10000	418983.13
James S Mahan Rev Trust 171 Tiburon Drive Wilmington NC 28403	Common	02/05/2026	10000	402139.96
James S Mahan Rev Trust 171 Tiburon Drive Wilmington NC 28403	Common	02/11/2026	10000	408686.34
James S Mahan Rev Trust 171 Tiburon Drive Wilmington NC 28403	Common	02/12/2026	10000	401123.67
James S Mahan Rev Trust 171 Tiburon Drive Wilmington NC 28403	Common	02/18/2026	10000	403243.30
James S Mahan Rev Trust 171 Tiburon Drive Wilmington NC 28403	Common	02/19/2026	10000	400353.94

144: Remarks and Signature

Remarks	Today's sale and those that are recorded in the past 3 months occurred in the James S Mahan Rev Trust of which James S. Mahan III is a trustee and account stakeholder.
Date of Notice	02/25/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	08/27/2025
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	/s/ Gary Redman, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for James S. Mahan III
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)