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LOB (LOB) Rule 144 notice details 10,000-share planned stock sale

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

A shareholder of LOB has filed a notice under Rule 144 to sell 10,000 shares of common stock through Fidelity Brokerage Services on the NYSE, with an aggregate market value of 354,900.00. The filing notes that there were 45,857,617 shares of this class outstanding at the time of the notice.

The seller acquired these 10,000 shares in an open market purchase from the issuer on 08/21/2020, paid for in cash on the same date. Over the past three months, the James S Mahan Rev Trust has already sold five blocks of 10,000 common shares each, with disclosed gross proceeds ranging from about 320,458.60 to 343,307.20 per transaction.

Positive

  • None.

Negative

  • None.

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

FAQ

How many LOB shares are planned to be sold under this Form 144?

The notice states that 10,000 shares of common stock of LOB are planned to be sold through Fidelity Brokerage Services LLC on the NYSE.

What is the aggregate market value of the LOB shares to be sold?

The filing reports an aggregate market value of 354,900.00 for the 10,000 LOB common shares to be sold.

How many LOB common shares were outstanding when this Form 144 was filed?

The notice states that there were 45,857,617 LOB common shares outstanding at the time of the filing.

When and how were the LOB shares being sold under this Form 144 acquired?

The 10,000 LOB common shares were acquired on 08/21/2020 via an open market purchase from the issuer, paid in cash on the same date.

Who is the selling holder in the recent LOB share sales disclosed?

The recent transactions disclosed list James S Mahan Rev Trust, at 1741 Tiburon Drive, Wilmington, NC 28403, as the seller of LOB common shares.

What LOB share sales occurred in the past three months for this seller?

Over the past three months, the James S Mahan Rev Trust sold five blocks of 10,000 LOB common shares each, on 11/26/2025, 11/28/2025, 12/03/2025, 12/05/2025, and 12/10/2025, with gross proceeds between 320,458.60 and 343,307.20 per sale.
Live Oak Bancshares Inc

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United States
WILMINGTON