LOB affiliate reports multiple 10,000-share trades

LOB affiliate filed a Form 144 reporting proposed sales and recent dispositions of Common Stock.

Rhea-AI Filing Summary

LOB affiliate filed a Form 144 reporting proposed sales and recent dispositions of Common Stock. The filing lists multiple 10,000-share transactions by the James S Mahan Rev Trust on specific dates with per-line cash amounts. Examples include a 10,000-share sale on 03/11/2026 for $328,280.17 and a 10,000-share sale on 06/10/2026 for $387,321.69.

Insights

Securities Counsel

Routine affiliate dispositions reported under Form 144; factual notice of proposed or recent sales.

The filing documents multiple 10,000-share transactions by James S Mahan Rev Trust with cash amounts tied to each date. Form 144 is a notice required for affiliate sales; the entries list per-trade cash proceeds for each 10,000-share block.

Regulatory impact is neutral based on the excerpt: these are reported dispositions and the filing does not state gating conditions or aggregate totals. Subsequent filings or transfer records would show settlement details.

Key Figures

Sample trade proceeds: $328,280.17 Sample trade proceeds: $387,321.69 Per-trade share block: 10,000 shares +1 more

4 metrics

Sample trade proceeds $328,280.17 10,000 shares on 03/11/2026

Sample trade proceeds $387,321.69 10,000 shares on 06/10/2026

Per-trade share block 10,000 shares multiple listed sale dates

Filer broker entry 10,000 shares Fidelity Brokerage Services LLC entry (06/11/2026)

Key Terms

Form 144, PRE IPO shares, Issuer, Fidelity Brokerage Services LLC

4 terms

Form 144 regulatory

"144: Securities Sold During The Past 3 Months"

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 regulatory

"PRE IPO shares | Issuer | 10000 | 12/18/2008"

Fidelity Brokerage Services LLC market

"Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI"

FAQ

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

What does the LOB Form 144 filing show?

It shows reported proposed sales and recent dispositions of Common Stock by an affiliate. The filing lists multiple 10,000-share transactions with per-line cash amounts and trade dates such as 03/11/2026 and 06/10/2026.

How many shares did James S Mahan Rev Trust trade in the excerpt (LOB)?

The excerpt lists repeated 10,000-share blocks sold on various dates. Examples include 10,000 shares on 03/11/2026 for $328,280.17 and 10,000 shares on 06/10/2026 for $387,321.69.

What proceeds are recorded for the sample trades in the LOB filing?

Per-line cash amounts are provided for each 10,000-share trade. Sample proceeds include $328,280.17 (03/11/2026) and $387,321.69 (06/10/2026) as shown in the excerpt.

Does the Form 144 excerpt state who receives sale proceeds for LOB?

The rows show cash values linked to each trade entry but the excerpt does not state a use-of-proceeds recipient beyond the listed seller names and cash amounts for each transaction line.

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

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Accepted by SEC EDGAR 06/11/2026 - 04:44 PM 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	381850.88	46262391	06/11/2026	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	03/11/2026	10000	328280.17
James S Mahan Rev Trust 1741 Tiburon Drive Wilmington NC 28403	Common	03/12/2026	10000	325040.97
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

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	06/11/2026
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)