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SEC EDGARJUN 51 min read$LOB

MAHAN JAMES S III sold $737K of LOB (indirect holdings)

MAHAN JAMES S III (Chief Executive Officer) sold 20,000 indirectly-held shares of Live Oak Bancshares, Inc. (LOB) at an average of $36.87 ($36.42–$37.65, $0.74M total) across 4 trades over 2026-06-03 to 2026-06-04 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · MAHAN JAMES S III
Published Jun 5, 2026, 9:09 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 28, 2026, 3:43 AM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$LOB
Bearish
medium confidence
Mentioned
$LOB
Relevance
4/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$LOBBearishLow
01

Why it matters

The filing provides fresh, primary‑source data on insider activity, but the modest size limits market impact.

02

Market read

Primary insider sale with limited scale; modest relevance for traders monitoring insider activity.

03

What to watch

CEO retains a large stake (over 2.8 M shares) and the sale was pre‑arranged, suggesting no urgent distress.

Relevance 4/10Novelty 4/10Timing: post‑market filing

Background

SEC Form 4 filing discloses an insider transaction by Live Oak Bancshares' CEO.

Company-level read

Ticker impact

$LOBBearishMedium confidence
Context

CEO James Mahan sold 20,000 shares for $737,303 via a 10b5‑1 plan, reducing his stake to 2,867,844 shares.

Expected impact

likely slight pressure as the market prices in the insider sell

Evidence & confidence

Sale size is modest ($0.7 M) and executed under a pre‑arranged plan, limiting the strength of the signal.

Market effects

Sector

May add minor bearish bias to regional banking sector if investors view insider sell as a red flag.

Regional

Limited impact on U.S. regional banks; the trade is isolated.

Global

Low; the filing is a company‑specific event with no broader macro effect.

Counterpoint

What could challenge this read

The sale could simply be liquidity management under a 10b5‑1 plan, not a sign of deteriorating fundamentals.

Key entities

  • company
    Live Oak Bancshares, Inc.

    U.S. regional bank (ticker LOB) whose CEO sold shares.

  • person
    James Mahan

    Chief Executive Officer of Live Oak Bancshares.

Read at source← All news

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

LOB insider trading history →

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