SEC Filing Summary

James S. Mahan III, CEO of Live Oak Bancshares, Inc., reported a sale of 10,000 shares of Voting Common Stock on December 19, 2025, under a Rule 10b5-1 trading plan. The weighted average sale price was $36.1734, with individual trades ranging from $35.89 to $36.50. Following this transaction, his reported direct or indirect ownership includes 3,032,547 shares held 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. The total post-transaction shares for this specific transaction are reported as 3,067,844.