Monitor for actual Form 4 filings to confirm if the sale was executed. The pattern of consistent insider selling by a director/officer over several months warrants attention, though the dollar amounts are modest relative to typical market cap. No immediate price action catalyst.
Price Chart
Executive Summary
James S. Mahan III, an officer and director of Live Oak Bancshares, Inc., filed a Form 144 notice of intent to sell 10,000 shares of common stock with an approximate market value of $363,700. The filing also discloses that the James S. Mahan Rev Trust has been actively selling shares in a series of transactions from February through March 2026, totaling 80,000 shares. This signals ongoing insider monetization by a key insider.
Key Facts
- James S. Mahan III (Officer and Director) filed Form 144 to sell 10,000 shares of common stock.
- Estimated market value of proposed sale: $363,700.
- The James S. Mahan Rev Trust sold 80,000 shares in 8 separate transactions between 02/18/2026 and 03/12/2026.
- Total shares sold by the trust in the prior 3 months: 80,000 shares, with proceeds ranging from $325,040.97 to $403,243.30 per block.
- The proposed sale is scheduled for 05/13/2026 on the NYSE.
Financial Impact
Proposed sale of 10,000 shares valued at ~$363,700; prior 3-month trust sales of 80,000 shares valued at ~$2.96M total.
Risk Factors
- Insider selling may signal lack of confidence in near-term prospects.
- Continued selling by the trust could pressure the stock if liquidity is thin.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-003564 |
| Document: 0001959173-26-003564-index.html | 0001959173-26-003564 |
| Document: 0001959173-26-003564.txt | 0001959173-26-003564 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 1d ago | 144 | $34.68 | awaiting T+20 | — | $34.74 (+0.17%) |
Oct 21, 2026 6d ago | 8-K | $35.71 | awaiting T+20 | — | $34.74 (+2.72%) |
Oct 21, 2026 6d ago | Press Release | $35.71 | awaiting T+20 | — | $34.74 (+2.72%) |
Oct 20, 2026 7d ago | 8-K | $35.35 | awaiting T+20 | — | $34.74 (−1.73%) |
Sep 11, 2026 6w ago | Insider Cluster | $39.40 $34.80 | ▼ −11.68% | ▼ −13.94% | $34.74 (−11.83%) |
Sep 8, 2026 7w ago | Insider Cluster | $38.90 $34.26 | ▼ −11.93% | ▼ −13.87% | $34.74 (−10.69%) |
Sep 3, 2026 7w ago | 144 | $39.56 $36.68 | ▼ −7.28% | ▼ −6.09% | $34.74 (−12.18%) |
Sep 2, 2026 7w ago | 144 | $39.51 $36.39 | ▼ −7.90% | ▼ −7.74% | $34.74 (−12.07%) |
Aug 20, 2026 9w ago | 144 | $40.73 $38.25 | ▲ +6.09% | ▲ +6.09% | $34.74 (+14.71%) |
Aug 19, 2026 9w ago | 144 | $40.89 $38.25 | ▼ −6.46% | ▼ −4.50% | $34.74 (−15.04%) |
US Market Status
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