Live Oak Bancshares, Inc.
LOB, LOB-PA · State Commercial Banks · 46.3M shares · +2%/yr ↑ shares · EDGAR filings ↗
Net buyback after stock comp: $444K (gross $444K)
Reference price $40.05 · est. market cap ~$1.9B — last insider sale, 2026-06-24 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
C66Live Oak Bancshares — leading SBA/small-business digital lender, low ROA.
Strengths
- Net income up sharply (71st pct); national SBA-lending niche
- Strong free cash flow (72nd)
Risks
- ROA 18th — gain-on-sale and growth-investment drag
- Small-business-credit-cycle sensitivity
Notable findings
- Restatement• The restatement of our financial statements could affect investor confidence and expose us to additional risks and uncertainties, which could materially and adversely affect our business, operations 8-K ↗
- Exec changeRecent 8-K item 5.02 8-K ↗
- Material weakness• We have identified material weaknesses in our internal control over financial reporting which, if not remediated appropriately or in a timely manner, could result in a loss of investor confidence an
- Insider sellingInsider selling — 40 open-market sale(s) by 6 insider(s) (cluster of 6 insiders, ~$12M, last 6mo) Form 4 ↗
Key metrics
Return on equity
8.5%
Return on assets
0.7%
Net-income growth
36.7%
Free cash flow
$143M
Tangible book value
$1.2B
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-24 | WILLIAMS WILLIAM L. III | Sell | 8.4K | $40.05 |
| 2026-06-11 | MAHAN JAMES S III | Sell | 10K | $38.19 |
| 2026-06-10 | MAHAN JAMES S III | Sell | 915 | $39.20 |
| 2026-06-10 | MAHAN JAMES S III | Sell | 9.1K | $38.68 |
| 2026-06-04 | MAHAN JAMES S III | Sell | 79 | $37.65 |
| 2026-06-04 | MAHAN JAMES S III | Sell | 9.9K | $37.26 |
| 2026-06-03 | MAHAN JAMES S III | Sell | 637 | $37.14 |
| 2026-06-03 | MAHAN JAMES S III | Sell | 9.4K | $36.42 |
| 2026-05-28 | MAHAN JAMES S III | Sell | 10K | $37.25 |
| 2026-05-27 | MAHAN JAMES S III | Sell | 10K | $37.65 |
| 2026-05-21 | MAHAN JAMES S III | Sell | 6.6K | $36.92 |
| 2026-05-21 | MAHAN JAMES S III | Sell | 3.4K | $37.42 |
| 2026-05-20 | Moroz Mark Michael | Tax withheld | 3.2K | $36.20 |
| 2026-05-20 | Moroz Mark Michael | Option exercise | 7.1K | — |
| 2026-05-20 | MAHAN JAMES S III | Sell | 9.6K | $36.83 |
| 2026-05-20 | MAHAN JAMES S III | Sell | 355 | $37.15 |
| 2026-05-14 | MAHAN JAMES S III | Sell | 10K | $36.23 |
| 2026-05-13 | MAHAN JAMES S III | Sell | 10K | $35.96 |
| 2026-05-01 | McHenry Patrick Timothy | Option exercise | 3.1K | — |
| 2026-05-01 | Bradford Tonya Williams | Option exercise | 2.9K | — |
| 2026-05-01 | Petty Miltom Emmett | Option exercise | 2.9K | — |
| 2026-05-01 | Valine Yousef A. | Option exercise | 2.9K | — |
| 2026-05-01 | Cameron William Henderson | Option exercise | 2.9K | — |
| 2026-05-01 | Lunsford Jeffrey W | Option exercise | 1.9K | — |
| 2026-05-01 | LUCHT DAVID G | Option exercise | 2.9K | — |
| 2026-04-30 | Derraik Renato | Sell | 75K | $37.83 |
| 2026-03-12 | MAHAN JAMES S III | Sell | 10K | $32.50 |
| 2026-03-11 | MAHAN JAMES S III | Sell | 10K | $32.83 |
| 2026-03-05 | MAHAN JAMES S III | Sell | 1.1K | $35.89 |
| 2026-03-05 | MAHAN JAMES S III | Sell | 8.9K | $35.37 |
| 2026-03-04 | MAHAN JAMES S III | Sell | 10K | $36.69 |
| 2026-03-02 | Phifer Walter J | Sell | 4.7K | $36.58 |
| 2026-03-02 | Seward Gregory W | Sell | 3.0K | $36.70 |
| 2026-02-26 | MAHAN JAMES S III | Sell | 1.2K | $40.00 |
| 2026-02-26 | MAHAN JAMES S III | Sell | 8.8K | $39.29 |
| 2026-02-25 | MAHAN JAMES S III | Sell | 2.5K | $39.65 |
| 2026-02-25 | MAHAN JAMES S III | Sell | 7.5K | $39.21 |
| 2026-02-23 | Seward Gregory W | Tax withheld | 445 | $38.30 |
| 2026-02-23 | SUTHERLAND JOHN W. | Option exercise | 178 | — |
| 2026-02-23 | SUTHERLAND JOHN W. | Tax withheld | 87 | $38.30 |
| 2026-02-23 | Cairns Michael | Tax withheld | 73 | $38.30 |
| 2026-02-23 | Moroz Mark Michael | Option exercise | 4.0K | — |
| 2026-02-23 | Moroz Mark Michael | Tax withheld | 1.8K | $38.30 |
| 2026-02-23 | Cairns Michael | Option exercise | 145 | — |
| 2026-02-23 | Phifer Walter J | Option exercise | 69 | — |
| 2026-02-23 | Phifer Walter J | Tax withheld | 32 | $38.30 |
| 2026-02-23 | Spencer Courtney | Option exercise | 2.0K | — |
| 2026-02-23 | Spencer Courtney | Tax withheld | 889 | $38.30 |
| 2026-02-23 | Seward Gregory W | Option exercise | 1.0K | — |
| 2026-02-19 | MAHAN JAMES S III | Sell | 10K | $40.04 |
| 2026-02-18 | MAHAN JAMES S III | Sell | 9.2K | $40.26 |
| 2026-02-18 | MAHAN JAMES S III | Sell | 762 | $41.15 |
| 2026-02-17 | Seward Gregory W | Tax withheld | 1.1K | $40.75 |
| 2026-02-17 | Moroz Mark Michael | Option exercise | 1.6K | — |
| 2026-02-17 | Moroz Mark Michael | Tax withheld | 703 | $40.75 |
| 2026-02-17 | Spencer Courtney | Option exercise | 1.6K | — |
| 2026-02-17 | Spencer Courtney | Tax withheld | 702 | $40.75 |
| 2026-02-17 | Derraik Renato | Option exercise | 1.6K | — |
| 2026-02-17 | Derraik Renato | Tax withheld | 703 | $40.75 |
| 2026-02-17 | Seward Gregory W | Option exercise | 2.4K | — |
| 2026-02-17 | SUTHERLAND JOHN W. | Option exercise | 316 | — |
| 2026-02-17 | SUTHERLAND JOHN W. | Tax withheld | 158 | $40.75 |
| 2026-02-17 | Losch William C III | Option exercise | 1.3K | — |
| 2026-02-17 | Losch William C III | Tax withheld | 562 | $40.75 |
| 2026-02-13 | Seward Gregory W | Option exercise | 12K | — |
| 2026-02-13 | Seward Gregory W | Tax withheld | 5.3K | $40.54 |
| 2026-02-13 | Derraik Renato | Option exercise | 18K | — |
| 2026-02-13 | Derraik Renato | Tax withheld | 8.0K | $40.54 |
| 2026-02-13 | SUTHERLAND JOHN W. | Option exercise | 711 | — |
| 2026-02-13 | SUTHERLAND JOHN W. | Tax withheld | 354 | $40.54 |
| 2026-02-13 | Spencer Courtney | Option exercise | 2.8K | — |
| 2026-02-13 | Spencer Courtney | Tax withheld | 1.3K | $40.54 |
| 2026-02-13 | Losch William C III | Option exercise | 18K | — |
| 2026-02-13 | Losch William C III | Tax withheld | 8.0K | $40.54 |
| 2026-02-12 | SUTHERLAND JOHN W. | Option exercise | 876 | — |
| 2026-02-12 | SUTHERLAND JOHN W. | Tax withheld | 436 | $40.22 |
| 2026-02-12 | Losch William C III | Option exercise | 11K | — |
| 2026-02-12 | Losch William C III | Tax withheld | 4.9K | $40.22 |
| 2026-02-12 | Seward Gregory W | Option exercise | 2.8K | — |
| 2026-02-12 | Moroz Mark Michael | Tax withheld | 1.0K | $40.22 |
| 2026-02-12 | Phifer Walter J | Option exercise | 2.0K | — |
| 2026-02-12 | Phifer Walter J | Tax withheld | 992 | $40.22 |
| 2026-02-12 | Spencer Courtney | Option exercise | 2.1K | — |
| 2026-02-12 | Spencer Courtney | Tax withheld | 1.0K | $40.22 |
| 2026-02-12 | Derraik Renato | Option exercise | 4.3K | — |
| 2026-02-12 | Derraik Renato | Tax withheld | 1.9K | $40.22 |
| 2026-02-12 | Moroz Mark Michael | Option exercise | 2.3K | — |
| 2026-02-12 | Seward Gregory W | Tax withheld | 1.3K | $40.22 |
| 2026-02-12 | MAHAN JAMES S III | Sell | 9.3K | $40.05 |
| 2026-02-12 | MAHAN JAMES S III | Sell | 735 | $40.92 |
| 2026-02-11 | MAHAN JAMES S III | Sell | 9.6K | $40.84 |
| 2026-02-11 | MAHAN JAMES S III | Sell | 402 | $41.39 |
| 2026-02-10 | Moroz Mark Michael | Tax withheld | 824 | $41.04 |
| 2026-02-10 | Cairns Michael | Option exercise | 1.3K | — |
| 2026-02-10 | Cairns Michael | Tax withheld | 638 | $41.04 |
| 2026-02-10 | Phifer Walter J | Option exercise | 1.9K | — |
| 2026-02-10 | Phifer Walter J | Tax withheld | 957 | $41.04 |
| 2026-02-10 | Spencer Courtney | Option exercise | 1.4K | — |
| 2026-02-10 | Spencer Courtney | Tax withheld | 709 | $41.04 |
| 2026-02-10 | Derraik Renato | Option exercise | 3.1K | — |
| 2026-02-10 | Derraik Renato | Tax withheld | 1.5K | $41.04 |
| 2026-02-10 | Seward Gregory W | Option exercise | 1.9K | — |
| 2026-02-10 | Seward Gregory W | Tax withheld | 922 | $41.04 |
| 2026-02-10 | SUTHERLAND JOHN W. | Tax withheld | 284 | $41.04 |
| 2026-02-10 | Losch William C III | Option exercise | 9.0K | — |
| 2026-02-10 | Losch William C III | Tax withheld | 4.1K | $41.04 |
| 2026-02-10 | SUTHERLAND JOHN W. | Option exercise | 570 | — |
| 2026-02-10 | Moroz Mark Michael | Option exercise | 1.9K | — |
| 2026-02-06 | Phifer Walter J | Option exercise | 6.2K | $13.59 |
| 2026-02-05 | MAHAN JAMES S III | Sell | 9.3K | $40.13 |
| 2026-02-05 | MAHAN JAMES S III | Sell | 650 | $41.34 |
| 2026-02-04 | MAHAN JAMES S III | Sell | 9.8K | $41.88 |
| 2026-02-04 | MAHAN JAMES S III | Sell | 240 | $42.44 |
| 2026-01-26 | Stasiowska Ewa Maria | Buy | 2.6K | $38.53 |
| 2026-01-26 | Spencer Courtney | Option exercise | 14K | $13.59 |
| 2026-01-26 | Spencer Courtney | Sell | 9.7K | $39.01 |
| 2025-12-19 | MAHAN JAMES S III | Sell | 10K | $36.17 |
| 2025-12-17 | MAHAN JAMES S III | Sell | 10K | $35.97 |
| 2025-12-15 | Phifer Walter J | Option exercise | 235 | — |
| 2025-12-15 | Cairns Michael | Option exercise | 235 | — |
| 2025-12-15 | Cairns Michael | Tax withheld | 105 | $35.31 |
| 2025-12-15 | Phifer Walter J | Tax withheld | 109 | $35.31 |
| 2025-12-12 | MAHAN JAMES S III | Sell | 10K | $35.13 |
| 2025-12-10 | MAHAN JAMES S III | Sell | 6.5K | $34.69 |
| 2025-12-10 | MAHAN JAMES S III | Sell | 3.5K | $33.65 |
| 2025-12-09 | Moroz Mark Michael | Option exercise | 2.8K | — |
| 2025-12-09 | Cairns Michael | Option exercise | 943 | — |
| 2025-12-09 | Cairns Michael | Tax withheld | 420 | $33.02 |
| 2025-12-09 | Phifer Walter J | Option exercise | 1.6K | — |
| 2025-12-09 | Phifer Walter J | Tax withheld | 729 | $33.02 |
| 2025-12-09 | Moroz Mark Michael | Tax withheld | 1.3K | $33.02 |
| 2025-12-08 | Cairns Michael | Option exercise | 946 | — |
| 2025-12-08 | Cairns Michael | Tax withheld | 421 | $32.95 |
| 2025-12-05 | MAHAN JAMES S III | Sell | 10K | $32.81 |
| 2025-12-03 | MAHAN JAMES S III | Sell | 3.9K | $33.24 |
| 2025-12-03 | MAHAN JAMES S III | Sell | 6.1K | $32.92 |
| 2025-11-28 | Seward Gregory W | Gift | 150 | — |
| 2025-11-28 | MAHAN JAMES S III | Sell | 10K | $32.04 |
| 2025-11-26 | MAHAN JAMES S III | Sell | 10K | $32.17 |
| 2025-11-26 | Seward Gregory W | Gift | 100 | — |
| 2025-11-20 | Bradford Tonya Williams | Buy | 1.0K | $30.24 |
| 2025-11-19 | Seward Gregory W | Option exercise | 1.5K | $14.55 |
| 2025-11-19 | Seward Gregory W | Sell | 1.2K | $30.20 |
| 2025-11-18 | Seward Gregory W | Option exercise | 12K | $14.55 |
| 2025-11-18 | Seward Gregory W | Tax withheld | 3.1K | $30.04 |
| 2025-10-29 | LUCHT DAVID G | Gift | 3.0K | — |
| 2025-08-25 | Losch William C III | Option exercise | 50K | — |
| 2025-08-25 | Losch William C III | Tax withheld | 22K | $37.70 |
| 2025-08-19 | Cairns Michael | Option exercise | 2.4K | — |
| 2025-08-19 | Cairns Michael | Tax withheld | 1.1K | $35.35 |
| 2025-08-18 | LUCHT DAVID G | Buy | 4.0K | $25.12 |
| 2025-08-11 | Losch William C III | Option exercise | 42K | — |
| 2025-08-11 | Losch William C III | Tax withheld | 19K | $31.83 |
| 2025-08-11 | Derraik Renato | Option exercise | 25K | — |
| 2025-08-11 | Derraik Renato | Tax withheld | 11K | $31.83 |
| 2025-06-27 | SUTHERLAND JOHN W. | Option exercise | 3.0K | $17.00 |
| 2025-05-07 | Cameron William Henderson | Buy | 5.0K | $26.10 |
| 2025-05-06 | Cameron William Henderson | Buy | 5.0K | $25.92 |
| 2025-05-06 | Bradford Tonya Williams | Sell | 2.5K | $26.51 |
| 2025-05-01 | Glossman Diane Beth | Option exercise | 2.3K | — |
| 2025-05-01 | Valine Yousef A. | Option exercise | 2.3K | — |
| 2025-05-01 | Bradford Tonya Williams | Option exercise | 2.3K | — |
| 2025-05-01 | Cameron William Henderson | Option exercise | 2.3K | — |
| 2025-05-01 | Petty Miltom Emmett | Option exercise | 2.3K | — |
| 2025-05-01 | LUCHT DAVID G | Option exercise | 2.3K | — |
| 2025-05-01 | Hoffsis Glen F. | Option exercise | 2.3K | — |
| 2025-02-24 | Davis Micah S | Option exercise | 1.0K | — |
| 2025-02-24 | Davis Micah S | Tax withheld | 445 | $31.99 |
| 2025-02-24 | Cairns Michael | Option exercise | 145 | — |
| 2025-02-24 | Cairns Michael | Tax withheld | 73 | $31.99 |
| 2025-02-24 | SUTHERLAND JOHN W. | Option exercise | 178 | — |
| 2025-02-24 | SUTHERLAND JOHN W. | Tax withheld | 89 | $31.99 |
| 2025-02-24 | Spencer Courtney | Option exercise | 2.0K | — |
| 2025-02-24 | Spencer Courtney | Tax withheld | 889 | $31.99 |
| 2025-02-24 | Seward Gregory W | Option exercise | 1.0K | — |
| 2025-02-24 | Seward Gregory W | Tax withheld | 445 | $31.99 |
| 2025-02-24 | Phifer Walter J | Option exercise | 69 | — |
| 2025-02-24 | Phifer Walter J | Tax withheld | 35 | $31.99 |
| 2025-02-24 | Mann Stephanie | Option exercise | 2.0K | — |
| 2025-02-24 | Mann Stephanie | Tax withheld | 589 | $31.99 |
| 2025-02-14 | Mann Stephanie | Option exercise | 1.6K | — |
| 2025-02-14 | MAHAN JAMES S III | Gift | 72K | — |
| 2025-02-14 | SUTHERLAND JOHN W. | Option exercise | 711 | — |
| 2025-02-14 | SUTHERLAND JOHN W. | Tax withheld | 354 | $34.92 |
| 2025-02-14 | SUTHERLAND JOHN W. | Option exercise | 316 | — |
| 2025-02-14 | SUTHERLAND JOHN W. | Tax withheld | 158 | $33.93 |
| 2025-02-14 | Spencer Courtney | Option exercise | 2.8K | — |
| 2025-02-14 | Spencer Courtney | Tax withheld | 1.3K | $34.92 |
| 2025-02-14 | Spencer Courtney | Option exercise | 1.6K | — |
| 2025-02-14 | Spencer Courtney | Tax withheld | 703 | $33.93 |
| 2025-02-14 | Seward Gregory W | Option exercise | 12K | — |
| 2025-02-14 | Seward Gregory W | Tax withheld | 5.3K | $34.92 |
| 2025-02-14 | Seward Gregory W | Option exercise | 2.4K | — |
| 2025-02-14 | Seward Gregory W | Tax withheld | 1.1K | $33.93 |
| 2025-02-14 | Mann Stephanie | Option exercise | 12K | — |
| 2025-02-14 | Mann Stephanie | Tax withheld | 3.5K | $34.92 |
| 2025-02-14 | Mann Stephanie | Tax withheld | 466 | $33.93 |
| 2025-02-14 | Losch William C III | Option exercise | 18K | — |
| 2025-02-14 | Losch William C III | Tax withheld | 8.0K | $34.92 |
| 2025-02-14 | Losch William C III | Option exercise | 1.3K | — |
| 2025-02-14 | Losch William C III | Tax withheld | 562 | $33.93 |
| 2025-02-14 | Derraik Renato | Option exercise | 18K | — |
| 2025-02-14 | Derraik Renato | Tax withheld | 8.0K | $34.92 |
| 2025-02-14 | Derraik Renato | Option exercise | 1.6K | — |
| 2025-02-14 | Derraik Renato | Tax withheld | 703 | $33.93 |
| 2025-02-14 | Davis Micah S | Option exercise | 2.3K | — |
| 2025-02-14 | Davis Micah S | Tax withheld | 1.0K | $34.92 |
| 2025-02-14 | Davis Micah S | Option exercise | 948 | — |
| 2025-02-14 | Davis Micah S | Tax withheld | 422 | $33.93 |
| 2025-02-12 | SUTHERLAND JOHN W. | Option exercise | 876 | — |
| 2025-02-12 | SUTHERLAND JOHN W. | Tax withheld | 436 | $34.80 |
| 2025-02-12 | Spencer Courtney | Option exercise | 2.1K | — |
| 2025-02-12 | Spencer Courtney | Tax withheld | 1.0K | $34.80 |
| 2025-02-12 | Seward Gregory W | Option exercise | 2.8K | — |
| 2025-02-12 | Seward Gregory W | Tax withheld | 1.3K | $34.80 |
| 2025-02-12 | Phifer Walter J | Option exercise | 2.0K | — |
| 2025-02-12 | Phifer Walter J | Tax withheld | 997 | $34.80 |
| 2025-02-12 | Mann Stephanie | Option exercise | 2.3K | — |
| 2025-02-12 | Mann Stephanie | Tax withheld | 767 | $34.80 |
| 2025-02-12 | Losch William C III | Option exercise | 11K | — |
| 2025-02-12 | Losch William C III | Tax withheld | 5.0K | $34.80 |
| 2025-02-12 | Derraik Renato | Option exercise | 4.3K | — |
| 2025-02-12 | Derraik Renato | Tax withheld | 2.0K | $34.80 |
| 2025-02-12 | Davis Micah S | Option exercise | 1.8K | — |
| 2025-02-12 | Davis Micah S | Tax withheld | 856 | $34.80 |
| 2025-02-10 | SUTHERLAND JOHN W. | Option exercise | 461 | — |
| 2025-02-10 | SUTHERLAND JOHN W. | Tax withheld | 230 | $35.08 |
| 2025-02-10 | Spencer Courtney | Option exercise | 2.0K | — |
| 2025-02-10 | Spencer Courtney | Tax withheld | 997 | $35.08 |
| 2025-02-10 | Seward Gregory W | Option exercise | 2.0K | — |
| 2025-02-10 | Seward Gregory W | Tax withheld | 997 | $35.08 |
| 2025-02-10 | Phifer Walter J | Option exercise | 195 | — |
| 2025-02-10 | Phifer Walter J | Tax withheld | 97 | $35.08 |
| 2025-02-10 | Mann Stephanie | Option exercise | 1.1K | — |
| 2025-02-10 | Mann Stephanie | Tax withheld | 387 | $35.08 |
| 2025-02-10 | Mann Stephanie | Option exercise | 174 | — |
| 2025-02-10 | Mann Stephanie | Tax withheld | 61 | $35.08 |
| 2025-02-10 | Davis Micah S | Option exercise | 2.0K | — |
| 2025-02-10 | Davis Micah S | Tax withheld | 997 | $35.08 |
| 2025-02-10 | Cairns Michael | Option exercise | 390 | — |
| 2025-02-10 | Cairns Michael | Tax withheld | 194 | $35.08 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-18 | Exec/director change | filing ↗ |
| 2026-05-22 | Exec/director changeShareholder voteExhibits | filing ↗ |
| 2026-05-19 | Other | filing ↗ |
| 2026-04-22 | ResultsExhibits | filing ↗ |
| 2026-02-19 | Other | filing ↗ |
| 2026-02-13 | Exec/director changeExhibits | filing ↗ |
| 2026-01-21 | ResultsExhibits | filing ↗ |
| 2025-12-01 | Exec/director changeExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-18 | 2026-06-16 | 0001462120-26-000047 ↗ |
| 8-K | 2026-05-22 | 2026-05-19 | 0001462120-26-000045 ↗ |
| 8-K | 2026-05-19 | 2026-05-19 | 0001462120-26-000042 ↗ |
| 10-Q | 2026-05-05 | 2026-03-31 | 0001462120-26-000039 ↗ |
| 8-K | 2026-04-22 | 2026-04-22 | 0001462120-26-000036 ↗ |
| 10-K | 2026-02-27 | 2025-12-31 | 0001462120-26-000020 ↗ |
| 8-K | 2026-02-19 | 2026-02-19 | 0001462120-26-000012 ↗ |
| 8-K | 2026-02-13 | 2026-02-09 | 0001462120-26-000009 ↗ |
| 8-K | 2026-01-21 | 2026-01-21 | 0001462120-26-000004 ↗ |
| 8-K | 2025-12-01 | 2025-12-01 | 0001462120-25-000110 ↗ |
| 8-K | 2025-11-18 | 2025-11-18 | 0001462120-25-000108 ↗ |
| 10-Q | 2025-11-17 | 2025-09-30 | 0001462120-25-000106 ↗ |