SEC Form 4 · accession 0001231645-26-000006

Live Oak Bancshares, Inc. · LOB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Jul 27, 2026

Accepted (ET)

Jul 29, 2026 · 4:41 pm EDT

Rule 10b5-1 plan

box not checked

Issuer CIK

0001462120

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Voting Common Stock^F1	Jul 27, 2026	S	3,000	$42.1321	D	15,623	D
Depositary Shares^F2	holding	—	—		—	4,000	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F3,F4	—	holding	—	—	—	—	—	Voting Common Stock	2,486	2,486	D

F1This transaction was executed in multiple trades at prices ranging from $42.13 to $42.16. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.
F2Each depositary share represents a 1/40th interest in a share of Live Oak Bancshares, Inc. (the "Company") 8.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, no par value per share with a liquidation preference of $1,000 per share (equivalent to $25.00 per depositary share) (the "Series A Preferred Stock"). Each depositary share entitles the holder to a proportional fractional interest in all rights and preferences of the Series A Preferred Stock (including dividend, redemption, and liquidation rights).
F3Each restricted stock unit represents a contingent right to receive one share of the Company's voting common stock.
F4The restricted stock units vest on May 1, 2027.