SEC Form 4 · accession 0001635831-26-000004
Live Oak Bancshares, Inc. · LOB
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William L. Williams III
Director
Period of report
Jul 1, 2026
Accepted (ET)
Jul 6, 2026 · 4:15 pm EDT
Rule 10b5-1 plan
yes — trade under a plan
Issuer CIK
0001462120
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Voting Common StockF2 | Jul 1, 2026 | S | 2,604 | $41.2335 | D | 1,128,322 | I | By William L. Williams Revocable Trust |
| Voting Common StockF3 | Jul 1, 2026 | S | 5,796 | $41.7761 | D | 1,122,526 | I | By William L. Williams Revocable Trust |
| Voting Common Stock | holding | — | — | — | 52,825 | D | ||
| Voting Common Stock | holding | — | — | — | 14,110 | I | By Spoint-ILM, LLC | |
| Voting Common Stock | holding | — | — | — | 137,025 | I | By Elizabeth Williams Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 12, 2026.
- F2This transaction was executed in multiple trades at prices ranging from $40.655 to $41.62. 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.
- F3This transaction was executed in multiple trades at prices ranging from $41.65 to $42.02. 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.