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LOB (LOB) holder files Rule 144 to sell 10,000 shares on NYSE

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

Rhea-AI Filing Summary

A shareholder of LOB has filed a notice to sell 10,000 shares of common stock under Rule 144.

The planned sale is to be executed through Fidelity Brokerage Services LLC on the NYSE, with an approximate sale date of 12/03/2025. The filing cites an aggregate market value of $330,467.30 for these 10,000 shares, compared with 45,857,617 shares of the same class outstanding.

The shares were originally acquired on 08/24/2020 in an open market purchase from the issuer, paid in cash. Over the past three months, the James S Mahan Rev Trust has already sold 10,000 common shares on 11/26/2025 for gross proceeds of $321,747.83 and another 10,000 shares on 11/28/2025 for $320,458.60. The filer also represents that they are not aware of undisclosed material adverse information about the issuer.

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

What does the LOB Form 144 filing disclose?

The filing discloses that a shareholder intends to sell 10,000 shares of LOB common stock under Rule 144, providing details on the planned sale, prior sales, and how the shares were originally acquired.

How many LOB shares are planned to be sold and what is their value?

The shareholder plans to sell 10,000 common shares, with an indicated aggregate market value of $330,467.30 for this block.

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

The 10,000 shares to be sold were acquired on 08/24/2020 via an open market purchase from the issuer, with the purchase price paid in cash.

What recent LOB share sales has the James S Mahan Rev Trust reported?

Over the past three months, the James S Mahan Rev Trust reported selling 10,000 common shares on 11/26/2025 for $321,747.83 and another 10,000 shares on 11/28/2025 for $320,458.60.

Through which broker and on which exchange will the LOB shares be sold?

The planned 10,000-share sale is to be executed through Fidelity Brokerage Services LLC on the NYSE, with an approximate sale date of 12/03/2025.

How many LOB shares of this class are outstanding according to the filing?

The filing states that there are 45,857,617 shares of the same class of common stock outstanding.

What representation does the seller make about information on the issuer?

By signing the notice, the seller represents that they do not know of any material adverse information about the issuer's current or prospective operations that has not been publicly disclosed.

Live Oak Bancshares Inc

NYSE:LOB

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