LOB Insider Trading

Live Oak Bancshares, Inc. (LOB) operates in the Financial Services sector, specifically the Banks - Regional industry, with a market capitalization near $1.60B, listed on NYSE, employing roughly 1,027 people, carrying a beta of 1.94 to the broader market. Live Oak Bancshares, Inc. Led by James S. Mahan, public since 2015-07-23.

In the last 12 months, Live Oak Bancshares, Inc. insiders made 2 buy transactions and 73 sale transactions.

DateNameTypeSharesPriceValue
Sep 11, 2026MAHAN JAMES S IIIS-Sale10,000$38.63$386.3K
Sep 11, 2026MAHAN JAMES S IIIS-Sale10,000$38.75$387.5K
Sep 8, 2026WILLIAMS WILLIAM L. IIIS-Sale6,590$40.09$264.2K
Sep 8, 2026MAHAN JAMES S IIIS-Sale10,000$39.75$397.5K
Sep 8, 2026Bradford Tonya WilliamsS-Sale1,600$39.89$63.8K
Sep 3, 2026WILLIAMS WILLIAM L. IIIS-Sale1,810$40.00$72.4K
Sep 3, 2026MAHAN JAMES S IIIS-Sale9,742$39.53$385.1K
Sep 3, 2026MAHAN JAMES S IIIS-Sale258$39.88$10.3K
Aug 28, 2026MAHAN JAMES S IIIS-Sale10,000$39.99$399.9K
Aug 28, 2026MAHAN JAMES S IIIS-Sale10,000$39.66$396.6K

LOB Insider Activity by Quarter

Reported Form 4 and Form 5 lines under LOB's own SEC company ID, by transaction date, back to Q4 2024. Purchases and sales are code P / S (open market or private) in the company's shares; other lines are purchases and sales of other securities (options, warrants, preferred), awards, exercises, tax withholding, gifts and other acquisitions and dispositions. Later filings and amendments can change the current quarter. Earlier quarters are not shown: the filings read reach back to Mar 4, 2024, and a quarter counts only when every filing for it was read.

QuarterPurchasesBoughtSalesSoldOther Lines
Q4 2026 (so far)0N/A0N/A0
Q3 20260N/A22$5.6M16
Q2 20260N/A17$6.9M26
Q1 20261$100.0K23$5.3M110
Q4 20251$30.2K11$2.8M26
Q3 20251$100.5K0N/A14
Q2 20252$260.1K1$66.3K23
Q1 20250N/A0N/A121
Q4 20241$39.8K3$1.1M16

LOB Institutional Ownership (13F)

As of Jun 30, 2026 (Q2 2026), 240 institutions reported holding 32,843,621 LOB shares, valued at $1.34B as reported, 70.6% of its market cap (market cap of Jun 26, 2026). That is +12 institutions from the quarter before. Among managers whose reports for both quarters are comparable, 31 opened a position, 17 closed one, 86 added and 66 trimmed.

Top Holders, Q2 2026

ManagerSharesValueChange
T. Rowe Price Investment Management, Inc.6,471,452$264.3M-18,649
BlackRock, Inc.3,515,856$143.6M+82,957
VANGUARD CAPITAL MANAGEMENT LLC1,654,730$67.6M+121,959
DIMENSIONAL FUND ADVISORS LP1,615,529$66.0M+22,344
STATE STREET CORP1,367,619$55.9M-69,696
BARROW HANLEY MEWHINNEY & STRAUSS LLC1,360,091$55.5M-261,812
GILDER GAGNON HOWE & CO LLC1,123,910$45.9M-69,204
VANGUARD PORTFOLIO MANAGEMENT LLC996,870$40.7M+88,724
SOUTHERNSUN ASSET MANAGEMENT, LLC934,751$38.2M-98,788
GEODE CAPITAL MANAGEMENT, LLC912,543$37.3M+58,585

By Quarter

QuarterInstitutionsSharesValue
Q2 202624032,843,621$1.34B
Q1 202622832,640,556$1.08B
Q4 202522934,567,798$1.19B
Q3 202522330,675,061$1.08B
Q2 202520830,869,393$920.0M
Q1 202522130,076,896$801.9M
Q4 202421530,346,177$1.20B
Q3 202420929,783,288$1.41B
Q2 202419729,813,292$1.05B

From the SEC's Form 13F data sets: investment managers with $100 million or more in Section 13(f) securities report their holdings each quarter, up to 45 days after it ends; a restated filing replaces the original, and values are as the managers reported them (a position whose price runs about 1,000 times below other managers', from a manager whose positions mostly do, is read as reported in thousands of dollars). The same shares can be reported by more than one manager, so totals can count some twice.

ETFs Holding LOB

FundWeight of LOBShares (as reported)Value (as reported)Source updated
VTI Vanguard Morningstar Total Stock Market ETF0.00%1,181,867$46.6MOct 7, 2026
IWM iShares Russell 2000 ETF0.04%988,834$33.9MOct 8, 2026
AVUV Avantis U.S. Small Cap Value ETF0.09%780,815$26.8MOct 8, 2026
VB Vanguard Morningstar Small-Cap ETF0.01%425,570$16.8MOct 7, 2026
VXF Vanguard Extended Market ETF0.02%415,153$16.4MOct 7, 2026
DFAT Dimensional - US Targeted Value ETF0.05%430,041$15.7MOct 8, 2026
KRE State Street SPDR S&P Regional Banking ETF0.31%291,594$11.0MOct 8, 2026
VBK Vanguard Morningstar Small-Cap Growth ETF0.02%245,157$9.7MOct 7, 2026
VTWO Vanguard Russell 2000 ETF0.04%209,680$8.3MOct 7, 2026
DFAC Dimensional - US Core Equity 2 ETF0.01%192,101$7.0MOct 8, 2026
SCHA Schwab U.S. Small-Cap ETF0.03%193,255$7.0MOct 8, 2026
IWO iShares Russell 2000 Growth ETF0.04%167,213$5.7MOct 8, 2026
DFSV U.S. Small Cap Value Portfolio ETF Class Shares0.01%109,371$4.0MOct 8, 2026
FESM Fidelity Enhanced Small Cap ETF0.06%106,133$3.6MOct 8, 2026
AVSC Avantis U.S. Small Cap Equity ETF0.08%72,930$2.5MOct 8, 2026

From each fund's latest holdings file on record that shows LOB's listed security itself. A file counts when its line count is consistent with the fund's reported holdings count (at most twice it plus 10, or at most 1,000 lines for a reported count of exactly 10, which the data source gives many funds as a cap), read with that file or inherited from the fund's last classified file (within 20% of its line count, read within 60 days). Funds whose line for the company could not be confirmed as LOB's listed security, or that hold it through underlying funds (look-through), are not listed. Only long positions count: a fund is left out when any of its lines for LOB reports a negative weight, share count or value, or none of them above zero (a short position, or figures that disagree). Shares, value and weight are as reported in each fund's file, dated by the data source's last update of that file (not the date of the positions); the weight is LOB's share of that fund.

How to Read LOB Insider Activity

Net insider sentiment skews to the sell side over the trailing twelve months: 73 sales versus 2 buys. Insider sales carry less informational weight than buys because they are often driven by liquidity, tax planning, or pre-scheduled Rule 10b5-1 trading plans rather than negative information. The transaction type alone does not say whether a sale was made on the open market or privately, or under a 10b5-1 plan; the filing's plan checkbox and footnotes do. The transaction table above includes the filer's reporting name, transaction type, share count, per-share price, and total dollar value where computable. For options traders, insider activity is one input to event-driven sizing alongside earnings calendar, analyst-rating cluster moves, and the implied-vol surface. Form 4 filings (the dominant Section 16 reporting form) must be submitted within two business days of the transaction; clusters of buys across multiple insiders within a short window are the strongest informational pattern. SEC EDGAR carries the underlying source filings for verification and additional historical depth.

Learn how insider trading is reported and how to read the data →

Frequently asked LOB insider trading questions

How active are LOB insiders right now?
Over the trailing twelve months, Live Oak Bancshares, Inc. (LOB) insiders made 2 buy transactions and 73 sale transactions. Net insider sentiment over the trailing twelve months tilts to the sell side (73 sales vs 2 buys). The transaction list above shows the most recent filings; each entry includes the insider's name, transaction type, share count, and per-share price.
What counts as an insider transaction?
Section 16 of the Securities Exchange Act requires officers, directors, and 10% beneficial-owner shareholders to disclose changes in their holdings via Form 3 (initial statement), Form 4 (subsequent transactions, filed within two business days), and Form 5 (annual catch-up). Insider transactions cover open-market purchases and sales, exercise of stock options, gifts, and grants. The "transaction type" field on each row distinguishes these subcategories.
Are LOB insider buys a bullish signal?
Insider purchases (Type P, made on the open market or privately; the code covers both) carry more informational weight than insider sales: an insider must commit personal capital, and the SEC scrutinizes purchases under Rule 10b5-1 for material non-public information. Sales, by contrast, are often driven by liquidity, tax planning, or pre-scheduled 10b5-1 trading plans rather than negative information. Cluster buying (multiple insiders buying within a short window) is a stronger signal than isolated buys.
How do LOB insider transactions affect options pricing?
Insider transaction data does not directly drive implied volatility, but Form 4 disclosures can move single-name IV if the size or timing is unusual (e.g. a large CEO buy ahead of an earnings window). Options markets price the marginal informational content; routine transactions under pre-scheduled plans are typically ignored. For event-driven options sizing, pair the insider transaction history with the upcoming earnings calendar.