The insider cluster is too small to warrant a trade signal. Monitor next quarterly earnings for any credit-quality or loan-growth changes that might explain director selling, but the current activity is routine and non-informative.
Price Chart
Executive Summary
A cluster of insider selling at Live Oak Bancshares over the past week, totaling $457K, was led by two directors and the Chief Experience Officer. The selling is modest relative to the $2.0B market cap (~0.02%), and the President's concurrent derivative exercise and tax-withholding sale are non-cash events that do not signal a bearish view. The cluster is routine in scale and lacks the materiality to drive a directional read.
Key Financial Metrics
Key Facts
- Three insiders sold shares totaling $457K in the week ending August 10, 2026.
- President William C. Losch III exercised 42,000 derivative shares at $0 and surrendered 18,665 shares for tax withholding ($788K) — both non-cash events.
- Total open-market sales of $457K represent ~0.02% of LOB's $2.0B market cap, well below the 0.1% materiality threshold.
- No 10b5-1 plan or regular pattern is evident, but the dollar amounts are trivial relative to company size.
Financial Impact
Total insider selling of $457K is immaterial relative to $2.0B market cap.
Risk Factors
- Insider selling could accelerate if credit conditions deteriorate, but current levels are negligible.
- No material risk identified from this cluster alone.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-LOB-1786568506838 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 144 | — | awaiting T+20 | — | — |
Oct 21, 2026 5d ago | 8-K | $35.71 | awaiting T+20 | — | $35.15 (+1.57%) |
Oct 21, 2026 5d ago | Press Release | $35.71 | awaiting T+20 | — | $35.15 (+1.57%) |
Oct 20, 2026 6d ago | 8-K | $35.35 | awaiting T+20 | — | $35.15 (−0.57%) |
Sep 11, 2026 6w ago | Insider Cluster | $39.40 $34.80 | ▼ −11.68% | ▼ −13.94% | $35.15 (−10.79%) |
Sep 8, 2026 6w ago | Insider Cluster | $38.90 $34.26 | ▼ −11.93% | ▼ −13.87% | $35.15 (−9.64%) |
Sep 3, 2026 7w ago | 144 | $39.56 $36.68 | ▼ −7.28% | ▼ −6.09% | $35.15 (−11.15%) |
Sep 2, 2026 7w ago | 144 | $39.51 $36.39 | ▼ −7.90% | ▼ −7.74% | $35.15 (−11.04%) |
Aug 20, 2026 9w ago | 144 | $40.73 $38.25 | ▲ +6.09% | ▲ +6.09% | $35.15 (+13.70%) |
Aug 19, 2026 9w ago | 144 | $40.89 $38.25 | ▼ −6.46% | ▼ −4.50% | $35.15 (−14.04%) |
US Market Status
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