For LOB-PA holders, these common-stock sales by a key insider are not directly credit-relevant but warrant monitoring for any deterioration in bank fundamentals. Watch for any upcoming earnings or regulatory filings that may explain the selling pattern.
Price Chart
Executive Summary
James S. Mahan III, an officer and director of Live Oak Bancshares, Inc., filed a Form 144 on May 27, 2026, indicating intent to sell 10,000 shares of common stock valued at approximately $380,200. This is part of a series of sales by the Mahan trust over the past three months. For preferred shareholders (LOB-PA), this insider selling pattern is a mild negative signal, but it does not directly affect preferred credit metrics.
Key Facts
- Insider James S. Mahan III (officer/director) proposes to sell 10,000 common shares.
- Estimated aggregate market value of the proposed sale: $380,200.
- Multiple prior sales by the same trust recorded in the last three months.
- Filing is an intent-to-sell notice; sale may not occur.
- The security analyzed is preferred stock (LOB-PA), but the sale involves common shares.
Financial Impact
Proposed sale of $380,200 in common stock; prior sales in last three months total additional ~$3.7M based on disclosed transactions.
Risk Factors
- Continued insider selling could precede negative company news.
- No direct risk to preferred dividends unless the bank's credit profile weakens.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001959173-26-004040 |
| Document: 0001959173-26-004040-index.html | 0001959173-26-004040 |
| Document: 0001959173-26-004040.txt | 0001959173-26-004040 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 144 | $34.68 | awaiting T+20 | — | $34.71 (+0.07%) |
Oct 21, 2026 5d ago | 8-K | $35.71 | awaiting T+20 | — | $34.71 (+2.81%) |
Oct 21, 2026 5d ago | Press Release | $35.71 | awaiting T+20 | — | $34.71 (+2.81%) |
Oct 20, 2026 6d ago | 8-K | $35.35 | awaiting T+20 | — | $34.71 (−1.82%) |
Sep 11, 2026 6w ago | Insider Cluster | $39.40 $34.80 | ▼ −11.68% | ▼ −13.94% | $34.71 (−11.92%) |
Sep 8, 2026 6w ago | Insider Cluster | $38.90 $34.26 | ▼ −11.93% | ▼ −13.87% | $34.71 (−10.78%) |
Sep 3, 2026 7w ago | 144 | $39.56 $36.68 | ▼ −7.28% | ▼ −6.09% | $34.71 (−12.27%) |
Sep 2, 2026 7w ago | 144 | $39.51 $36.39 | ▼ −7.90% | ▼ −7.74% | $34.71 (−12.16%) |
Aug 20, 2026 9w ago | 144 | $40.73 $38.25 | ▲ +6.09% | ▲ +6.09% | $34.71 (+14.79%) |
Aug 19, 2026 9w ago | 144 | $40.89 $38.25 | ▼ −6.46% | ▼ −4.50% | $34.71 (−15.13%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers