Director at Live Oak Bancshares (LOB) awarded 2,486 RSUs and updates holdings
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Valine Yousef A. reported acquisition or exercise transactions in this Form 4 filing.
Live Oak Bancshares, Inc. director Valine A. Yousef reported an equity compensation grant and updated holdings of the company’s voting common stock. On May 19, 2026, she received 2,486 restricted stock units (RSUs), each representing a contingent right to one share of voting common stock that vests on May 1, 2027.
After this grant, the filing shows 10,401 shares of voting common stock held directly and 1,500 shares held indirectly through the Valine Revocable Living Trust, plus the 2,486 RSUs tied to future share delivery, subject to vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Valine Yousef A.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,486 | $0.00 | -- |
| holding | Voting Common Stock | -- | -- | -- |
| holding | Voting Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,486 shares (Direct, null);
Voting Common Stock — 10,401 shares (Direct, null);
Voting Common Stock — 1,500 shares (Indirect, By Valine Revocable Living Trust)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares, Inc. voting common stock. The restricted stock units vest on May 1, 2027.
Key Figures
RSU grant: 2,486 units
RSU vesting date: May 1, 2027
Direct share holdings: 10,401 shares
+1 more
4 metrics
RSU grant
2,486 units
Restricted stock units granted on May 19, 2026
RSU vesting date
May 1, 2027
Vesting date for 2,486 RSUs
Direct share holdings
10,401 shares
Voting common stock held directly after transactions
Indirect share holdings
1,500 shares
Voting common stock held via Valine Revocable Living Trust
Key Terms
Restricted Stock Units, contingent right, vesting, voting common stock, +1 more
5 terms
Restricted Stock Units financial
"Restricted Stock Units, each representing a contingent right to receive one share"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share"
vesting financial
"The restricted stock units vest on May 1, 2027"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
voting common stock financial
"Each RSU represents a right to receive one share of voting common stock"
indirect ownership financial
"1,500 shares held indirectly through the Valine Revocable Living Trust"