Welcome to our dedicated page for Live Oak Bancshares SEC filings (Ticker: LOB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
This page provides access to SEC filings for Live Oak Bancshares, Inc. (NYSE: LOB), a North Carolina–incorporated financial holding company and parent company of Live Oak Bank. Through these filings, investors can review the company’s detailed financial statements, risk disclosures, capital structure information, and governance updates.
Live Oak Bancshares’ periodic reports, such as its Form 10-K annual reports and Form 10-Q quarterly reports, present audited and unaudited financial statements, including net interest income, noninterest income, loan and lease production, deposit balances, total assets, and key performance measures. These filings also describe the company’s focus on small business lending, SBA 7(a) and USDA loan programs, and its use of a technology-based platform to support its banking model.
Current reports on Form 8-K offer more targeted updates. Recent 8-K filings have covered topics such as quarterly earnings announcements, restatements of Statements of Cash Flows and the related identification of a material weakness in internal control over financial reporting, dividend declarations on common stock and 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock depositary shares, the appointment of new directors and a Chief Risk Officer, and information about a prearranged Rule 10b5-1 stock trading plan adopted by the company’s chairman and chief executive officer.
Investors interested in capital structure and securities terms can review filings related to the company’s depositary share offering for its Series A preferred stock, including prospectus supplements and 8-K disclosures describing dividend rates, listing intentions, and potential redemption features. Filings also discuss the company’s status as a financial holding company, regulatory considerations tied to SBA and USDA programs, and technology and operational risks.
On Stock Titan, these filings are updated in near real time as they are posted to the SEC’s EDGAR system. AI-powered summaries help explain the contents of lengthy documents, highlighting items such as changes in internal control, restatement impacts on Statements of Cash Flows, dividend decisions, and board or executive appointments. Users can quickly scan 10-K and 10-Q reports for segment performance and risk factors, and examine Form 4 insider transaction reports and other ownership disclosures when available. This combination of raw filings and AI explanations allows readers to understand how Live Oak Bancshares’ regulatory reporting reflects its small business banking strategy, fintech investments, and risk management practices.
Live Oak Bancshares Chief Accounting Officer John W. Sutherland reported routine equity award activity. On
Live Oak Bancshares Chief Experience Officer Spencer Courtney reported equity award activity tied to restricted stock units (RSUs). On February 23, 2026, he exercised or converted 2,000 RSUs into 2,000 shares of voting common stock at a stated price of $0.00 per share, increasing his direct common stock position to 31,425 shares immediately after that step.
On the same date, 889 shares of voting common stock were disposed of at $38.30 per share to satisfy tax obligations associated with the equity award, leaving 30,536 shares of voting common stock held directly. He also reports multiple RSU awards that each represent the right to receive one share of common stock, vesting in annual installments beginning on dates ranging from February 14, 2023 to February 10, 2026, and an additional 153.7958 shares of voting common stock held indirectly by his spouse.
Live Oak Bancshares General Counsel Gregory W. Seward exercised 1,000 restricted stock units into voting common stock on February 23, 2026 at a price of $0.00 per share. To cover tax obligations, 445 shares were withheld at $38.30 per share, leaving him with 116,797 voting common shares held directly after these transactions.
Live Oak Bancshares, Inc. Chief Financial Officer Walter J. Phifer reported equity award activity involving restricted stock units (RSUs) and common stock. On February 23, 2026, he exercised 69 RSUs, receiving the same number of shares of voting common stock at a price of $0.00 per share.
On the same date, 32 shares of voting common stock were disposed of at $38.30 per share to satisfy tax-withholding obligations related to the equity award, leaving him with 14,815 shares of voting common stock held directly. Footnotes show multiple RSU grants that vest in five equal annual installments beginning on various dates from February 22, 2022 through August 18, 2026, contingent on his continued service.
Live Oak Bancshares, Inc. Chief Banking Officer Mark Michael Moroz reported equity award activity involving restricted stock units (RSUs) and common stock. He exercised or converted 4,000 RSUs into 4,000 shares of voting common stock at a stated price of $0.00 per share, increasing his direct common share holdings. On the same date, 1,778 shares of voting common stock were disposed of at $38.30 per share to satisfy tax obligations associated with the equity award, a tax-withholding disposition rather than an open-market sale. Following these transactions, he directly held 14,256 shares of voting common stock. Footnotes explain that each RSU converts into one share of voting common stock and that multiple RSU awards vest in scheduled annual installments beginning on dates in 2025, 2026, and 2027, subject to his continued service with the company.
Live Oak Bancshares, Inc. Chief Credit Officer Michael Cairns reported routine equity compensation activity. On February 23, 2026, he exercised 145 Restricted Stock Units, receiving 145 shares of voting common stock at $0.00 per share, lifting his direct common stock holdings to 10,257 shares before tax withholding.
To cover taxes, 73 shares of voting common stock were withheld at $38.30 per share, leaving him with 10,184 shares of voting common stock held directly after the transactions. Each RSU represents the right to receive one share of voting common stock upon vesting, and the footnotes describe multiple RSU awards that vest in equal annual installments on specified future dates, contingent on his continued service.
The issuer LOB is the subject of a Form 144 notice reporting multiple proposed sales by the James S Mahan Rev Trust. The filing lists 14 separate transactions of 10,000 shares each on dates between 11/26/2025 and 02/19/2026, shown as examples of recent sales activity totaling 140,000 shares. Trades are shown as open market purchases/sales with per‑trade cash values listed alongside each date.
Live Oak Bancshares, Inc. insider James S. Mahan III, through the James S. Mahan Revocable Trust, sold a total of 20,000 shares of Voting Common Stock in open‑market transactions. The sales occurred on February 18–19, 2026 at weighted average prices of about $40–$41 per share.
The filing notes these sales were effected under a Rule 10b5‑1 trading plan adopted on August 27, 2025. After the latest sale, the James S. Mahan Revocable Trust held 3,007,844 shares indirectly. Additional indirect holdings reported as of February 18, 2026 include 3,032,547 shares by the Marguerite D. Mahan Revocable Trust, 127,167 shares by the 2021 Chip Mahan Family and Charitable Trust, 127,167 shares by the 2021 Peggy Mahan Family Trust, and 140,150 shares by Peapod II, LLC.
Live Oak Bancshares, Inc. Chief Accounting Officer John W. Sutherland reported equity award activity involving restricted stock units and common shares. On February 17, 2026, 316 restricted stock units were exercised into 316 shares of voting common stock at $0.00 per share. To satisfy tax obligations, 158 shares of voting common stock were disposed of at $40.75 per share through a tax-withholding transaction, leaving 16,531 shares of voting common stock held directly after these transactions. The filing also shows several outstanding restricted stock unit awards that each represent a contingent right to receive one share of voting common stock and vest in five equal annual installments beginning on specified February dates from 2022 through 2027, subject to continued service.
Live Oak Bancshares Chief Experience Officer Spencer Courtney exercised 1,580 restricted stock units into voting common stock on