The insider selling is routine and immaterial in size. Monitor upcoming quarterly earnings for any credit-quality or loan-growth signals, but this cluster alone does not warrant a trading response.
Price Chart
Executive Summary
A cluster of insider selling at Live Oak Bancshares over a 7-day window, totaling $457K in open-market sales by two directors and a C-suite officer. The sales are modest relative to the $2.0B market cap (~0.02%), and the cluster includes non-cash derivative exercises and tax-withholding surrenders by the President and CIO, which are liquidity-driven and non-informative. The selling is routine in scale and pattern, with no material bearish signal for the stock.
Key Financial Metrics
Key Facts
- Two directors and one C-suite officer sold shares in open-market transactions totaling $457K.
- President William C. Losch III and CIO Renato Derraik exercised derivatives and surrendered shares for tax withholding (non-cash events totaling ~$1.26M).
- Total open-market sales represent ~0.02% of LOB's $2.0B market cap, well below the 0.1% threshold for materiality.
- The cluster includes no open-market purchases; net direction is selling.
Financial Impact
Open-market sales of $457K, or ~0.02% of market cap; non-cash derivative exercises and tax-withholding surrenders of ~$1.26M have no economic impact.
Risk Factors
- Insider selling could accelerate if the stock appreciates further, but current scale is negligible.
- No open-market buying to signal insider conviction.
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-1786611809163 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 144 | $34.68 | awaiting T+20 | — | $34.68 (+0.00%) |
Oct 21, 2026 5d ago | 8-K | $35.71 | awaiting T+20 | — | $34.68 (+2.88%) |
Oct 21, 2026 5d ago | Press Release | $35.71 | awaiting T+20 | — | $34.68 (+2.88%) |
Oct 20, 2026 6d ago | 8-K | $35.35 | awaiting T+20 | — | $34.68 (−1.90%) |
Sep 11, 2026 6w ago | Insider Cluster | $39.40 $34.80 | ▼ −11.68% | ▼ −13.94% | $34.68 (−11.98%) |
Sep 8, 2026 6w ago | Insider Cluster | $38.90 $34.26 | ▼ −11.93% | ▼ −13.87% | $34.68 (−10.85%) |
Sep 3, 2026 7w ago | 144 | $39.56 $36.68 | ▼ −7.28% | ▼ −6.09% | $34.68 (−12.34%) |
Sep 2, 2026 7w ago | 144 | $39.51 $36.39 | ▼ −7.90% | ▼ −7.74% | $34.68 (−12.22%) |
Aug 20, 2026 9w ago | 144 | $40.73 $38.25 | ▲ +6.09% | ▲ +6.09% | $34.68 (+14.85%) |
Aug 19, 2026 9w ago | 144 | $40.89 $38.25 | ▼ −6.46% | ▼ −4.50% | $34.68 (−15.19%) |
US Market Status
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