LOB Live Oak Bancshares, Inc.
Price Chart
Executive Summary
James S. Mahan III, an officer and director of Live Oak Bancshares, Inc., filed a Form 144 on June 3, 2026, indicating intent to sell 10,000 shares of common stock with an estimated aggregate market value of approximately $364,671. This filing follows a series of similar 10,000-share sales by the Mahan Rev Trust over the past three months, suggesting a pattern of routine portfolio diversification rather than a one-time event.
Actionable Insight
The filing signals continued insider selling by a key officer/director, but the pattern of regular 10,000-share sales suggests a pre-arranged plan or diversification strategy rather than a negative signal. Monitor for any acceleration in selling frequency or volume, which would be more concerning.
Key Facts
- James S. Mahan III (officer and director) filed Form 144 to sell 10,000 shares of Live Oak Bancshares common stock.
- Estimated aggregate market value of proposed sale: approximately $364,671.
- The filing notes that today's sale and those recorded in the past 3 months occurred in the James S Mahan Rev Trust, of which Mahan is a trustee and account stakeholder.
- The Form 144 lists 10 prior sales of 10,000 shares each by the trust between March and May 2026, with proceeds ranging from ~$325,000 to ~$377,000.
- The filing is an advance notice of intent to sell; the actual sale may or may not occur.
Financial Impact
Proposed sale of 10,000 shares valued at ~$364,671. This is part of a recurring pattern of similar-sized sales by the trust.
Risk Factors
- Insider selling may be perceived negatively by the market, though the recurring pattern reduces alarm.
- The sale may not occur; Form 144 is an intent to sell, not a completed transaction.
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-004315 |
| Document: 0001959173-26-004315-index.html | 0001959173-26-004315 |
| Document: 0001959173-26-004315.txt | 0001959173-26-004315 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 18, 2026
today
|
8-K
| $38.25 awaiting T+1 | awaiting T+1 | — | $37.99 (−0.68%) |
|
Jun 11, 2026
7d ago
|
144
| $39.03 $38.33 | ▼ −1.79% | ▼ −3.56% | $37.99 (−2.66%) |
|
Jun 4, 2026
14d ago
|
144
| $25.14 $25.16 | ▲ +0.10% | ▲ +2.67% | $37.99 (+51.14%) |
|
Jun 3, 2026
15d ago
|
144
| $25.14 $25.16 | ▲ +0.10% | ▲ +2.67% | $37.99 (+51.14%) |
|
May 27, 2026
22d ago
|
144
| $25.35 $25.50 | ▲ +0.59% | ▲ +0.05% | $37.99 (+49.86%) |
|
May 21, 2026
28d ago
|
144
| $25.28 $25.34 | ▲ +0.24% | ▼ −0.21% | $37.99 (+50.28%) |
|
May 20, 2026
29d ago
|
144
| $25.27 $25.28 | ▲ +0.04% | ▼ −0.15% | $37.99 (+50.34%) |
|
May 19, 2026
4w ago
|
8-K
| $24.75 $24.76 | ▲ +0.04% | ▼ −0.15% | $37.99 (+53.49%) |
|
May 14, 2026
5w ago
|
144
| $24.77 $24.74 | ▼ −0.11% | ▼ −0.05% | $37.99 (+53.37%) |
|
May 13, 2026
5w ago
|
144
| $25.31 $25.22 | ▼ −0.34% | ▼ −1.11% | $37.99 (+50.13%) |
US Market Status
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