James Mahan Trust files Form 144 stock sale

James S Mahan Rev Trust filed a notice to sell up to 10,000 shares of common stock of the issuer through Fidelity Brokerage Services LLC on or after 08/12/2026, with an estimated aggregate sale price of $427,800.00 on the NYSE.

Rhea-AI Filing Summary

James S Mahan Rev Trust filed a notice to sell up to 10,000 shares of common stock of the issuer through Fidelity Brokerage Services LLC on or after 08/12/2026, with an estimated aggregate sale price of $427,800.00 on the NYSE. The shares were originally acquired as Pre IPO Shares from the issuer for cash on 12/18/2008.

Over the past three months, the trust reported a series of block sales of 10,000 shares each, including $359,616.93 in proceeds on 05/13/2026 and $387,321.69 on 06/10/2026, with all transactions involving common stock.

Key Figures

Planned shares to be sold: 10,000 shares Estimated aggregate sale price: $427,800.00 Past sale proceeds 05/13/2026: $359,616.93 +3 more

6 metrics

Planned shares to be sold 10,000 shares Common stock sale planned through Fidelity on or after 08/12/2026

Estimated aggregate sale price $427,800.00 Planned 10,000-share common stock sale on NYSE

Past sale proceeds 05/13/2026 $359,616.93 10,000-share common stock sale by James S Mahan Rev Trust

Past sale proceeds 06/10/2026 $387,321.69 10,000-share common stock sale by James S Mahan Rev Trust

Original acquisition date 12/18/2008 Pre IPO Shares acquired from issuer for cash

Security type Common stock All reported planned and past transactions involve common shares

Key Terms

Form 144, Pre IPO Shares, Fidelity Brokerage Services LLC, Rev Trust

4 terms

Form 144 regulatory

"144: Securities Information Common | Fidelity Brokerage Services LLC"

Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.

Pre IPO Shares financial

"Common | 12/18/2008 | Pre IPO Shares | Issuer"

Fidelity Brokerage Services LLC financial

"Common | Fidelity Brokerage Services LLC 900 Salem Street"

Rev Trust financial

"James S Mahan Rev Trust 171 Tiburon Drive Wilmington"

FAQ

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

What stock sale is disclosed for LOB in this Form 144 filing?

The filing discloses a planned sale of 10,000 shares of common stock of the LOB issuer, with an estimated aggregate sale price of $427,800.00 through Fidelity Brokerage Services LLC on or after 08/12/2026.

Who is the selling security holder in the LOB Form 144 notice?

The selling security holder is the James S Mahan Rev Trust, which holds common shares originally acquired as Pre IPO Shares from the issuer for cash on 12/18/2008, according to the Form 144 disclosure.

How many LOB shares has the James S Mahan Rev Trust sold recently?

Over the past three months, the trust reported multiple sales of 10,000-share blocks of LOB common stock on various dates between 05/13/2026 and 06/11/2026, each with separately reported dollar proceeds in the Form 144 table.

What proceeds are associated with recent LOB stock sales by the trust?

Reported proceeds per 10,000-share block include $359,616.93 on 05/13/2026 and $387,321.69 on 06/10/2026, among other sales listed, all involving common stock of the LOB issuer.

Where will the planned LOB share sale under Form 144 take place?

The notice states that the planned sale of 10,000 LOB common shares is to be executed through Fidelity Brokerage Services LLC and will occur on the NYSE, with an estimated aggregate sale price of $427,800.00.

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

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Available on EDGAR 08/12/2026 - 09:38 AM Accepted by SEC EDGAR 08/12/2026 - 09:37 AM 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	427800.00	46283620	08/12/2026	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	12/18/2008	Pre IPO Shares	Issuer			10000	12/18/2008	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 171 Tiburon Drive Wilmington NC 28403	Common	05/13/2026	10000	359616.93
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	05/14/2026	10000	362263.26
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	05/20/2026	10000	368369.08
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	05/21/2026	10000	370915.70
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	05/27/2026	10000	376513.10
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	05/28/2026	10000	372481.18
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	06/03/2026	10000	364671.37
James S Mahan Rev Trust 1741 Tiburon Drive, Wilmington NC 28403	Common	06/04/2026	10000	372531.45
James S Mahan Rev Trust 741 Tiburon Drive Wilmington NC 28403	Common	06/10/2026	10000	387321.69
James S Mahan Rev Trust 741 Tiburon Drive Wilmington NC 28403	Common	06/11/2026	10000	381850.88

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	08/12/2026
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/ Daniel Tucci, as a duly authorized representative of Fidelity Brokerage Services LLC, as attorney-in-fact for James Mahan III
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)