Live Oak Bancshares, Inc. filings document the regulatory record of a financial holding company whose principal subsidiary is Live Oak Bank. The company’s 8-K reports cover operating results and financial condition, dividend declarations on Voting Common Stock and Series A preferred depositary shares, executive compensation actions, equity awards, and risk-management leadership changes.
Proxy materials describe governance matters, executive compensation, equity-award disclosure and shareholder voting items. Other filings include Form 12b-25 filing-status notices and capital-structure references to common stock and the company’s 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.
Live Oak Bancshares, Inc. insider reporting person, who serves as Chief Executive Officer, director and a 10% owner, reported a sale of company stock. On 12/05/2025, the insider sold 10,000 shares of Voting Common Stock at a weighted average price of $32.809, coded as an open market sale. The transaction was carried out under a Rule 10b5-1 trading plan that was adopted on August 27, 2025.
After this sale, the insider continues to hold substantial indirect positions through several entities, including 3,107,844 shares held by the James S. Mahan Revocable Trust and 3,032,547 shares held by the Marguerite D. Mahan Revocable Trust. Additional indirect holdings include 127,167 shares in the 2021 Chip Mahan Family and Charitable Trust, 127,167 shares in the 2021 Peggy Mahan Family Trust, and 140,150 shares held by Peapod II, LLC.
Live Oak Bancshares, Inc. reported an initial insider ownership filing for its Chief Risk Officer. The Form 3 indicates that the reporting person is an officer of the company and is filing individually. In this filing, the insider reports beneficial ownership of 0 shares of Voting Common Stock, held directly. No derivative securities such as options or warrants are listed as beneficially owned.
Live Oak Bancshares, Inc. insider trading report shows that a major insider executed pre-planned stock sales. On December 3, 2025, voting common stock of Live Oak Bancshares (LOB) was sold in two transactions by trusts associated with the reporting person, who is a director, 10% owner, and Chief Executive Officer.
The James S. Mahan Revocable Trust sold 6,082 shares at a weighted average price of $32.9214 per share and 3,918 shares at a weighted average price of $33.2414 per share, under a Rule 10b5-1 trading plan adopted on August 27, 2025. After these trades, the filing reports continued indirect beneficial ownership of substantial voting common stock positions through multiple family and revocable trusts.
An affiliated trust of the issuer has filed a notice of proposed sale of 10,000 shares of common stock under Rule 144. The planned sale, through Fidelity Brokerage Services LLC on the NYSE, has an indicated aggregate market value of $326,900 with an approximate sale date of 12/05/2025. The seller previously acquired the shares in August 2020 via open-market purchases paid in cash.
Over the past three months, the same trust sold 10,000 common shares on each of 11/26/2025, 11/28/2025, and 12/03/2025, for gross proceeds of $321,747.83, $320,458.60, and $330,467.30, respectively. By signing the notice, the seller represents they are not aware of undisclosed material adverse information about the issuer’s current or prospective operations.
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.
Live Oak Bancshares, Inc. reported insider equity activity by its General Counsel. The filing shows two transactions in voting common stock coded as "G," indicating gifts on November 26, 2025 and November 28, 2025, each at a price of $0. After these gifts, the reporting person directly beneficially owned 105,876 shares of voting common stock.
The filing also details multiple grants of restricted stock units (RSUs), each representing the right to receive one share of Live Oak Bancshares voting common stock. These RSUs vest in five equal annual installments beginning on dates in February of 2022, 2023, 2024, 2025, and 2026, as long as the General Counsel continues to serve the company or a related entity on the applicable vesting dates.
Live Oak Bancshares, Inc. insider James S. Mahan, the company’s Chief Executive Officer, director and 10% owner, reported open-market sales of company stock under a pre-arranged trading plan. On November 26, 2025, a trust for his benefit sold 10,000 shares of voting common stock at a weighted average price of $32.1723 per share. On November 28, 2025, the same trust sold an additional 10,000 shares at a weighted average price of $32.0434 per share.
The filing notes these transactions were effected pursuant to a Rule 10b5-1 trading plan adopted on August 27, 2025, which is designed to allow insiders to sell shares according to a preset schedule. After these sales, Mahan continues to report substantial indirect holdings in Live Oak Bancshares through several trusts and entities, including 3,127,844 shares held by the James S. Mahan Revocable Trust and 3,032,547 shares held by the Marguerite D. Mahan Revocable Trust.
Live Oak Bancshares, Inc. announced a leadership change in its risk management function. Effective December 1, 2025, the company appointed Ewa Stasiowska as Chief Risk Officer of both Live Oak Bancshares and its wholly owned subsidiary, Live Oak Banking Company. She replaces Gregory W. Seward, who had served as Chief Risk Officer since July 2022.
Gregory Seward will continue in his existing role as General Counsel for the company and the bank, so he remains part of the executive team. The company also issued a press release describing Ms. Stasiowska’s appointment, which is included as an exhibit to this report.
A shareholder of LOB filed a Form 144 notice to sell up to 10,000 shares of common stock through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $320,458.60. The filing states that these shares were originally acquired in open market purchases for cash on 08/24/2020 and 08/27/2020.
The notice also reports that the James S Mahan Rev Trust sold 10,000 common shares on 11/26/2025 for gross proceeds of $321,747.83 during the prior three months. Shares of the issuer’s common stock outstanding were 45,857,617 at the time referenced in the form.
Live Oak Bancshares, Inc. (LOB) reported an insider transaction by a director on a Form 4. On 11/20/2025, the reporting person purchased 1,000 shares of voting common stock in an open-market transaction at a price of $30.24 per share, coded as a purchase ("P"). Following this buy, the director beneficially owned 6,697 shares of Live Oak voting common stock held directly.
The filing also notes that the director holds 2,946 restricted stock units, each representing a right to receive one share of voting common stock, which are scheduled to vest on May 1, 2026.