Form 4 Filing for James S. Mahan III

This filing details two transactions by James S. Mahan III, CEO of Live Oak Bancshares, Inc. On May 27, 2026, 10,000 shares of Voting Common Stock were disposed of at a weighted average price of $37.6513, under a Rule 10b5-1 trading plan. Following this transaction, 2,897,844 shares remained. On May 28, 2026, another 10,000 shares were disposed of at a weighted average price of $37.2481, also under the same trading plan. Post-transaction, 2,887,844 shares remained. The filing also lists holdings in various trusts, including the Marguerite D. Mahan Revocable Trust (3,032,547 shares), the 2021 Chip Mahan Family and Charitable Trust (127,167 shares), the 2021 Peggy Mahan Family Trust (127,167 shares), and Peapod II, LLC (140,150 shares).