Live Oak Bancshares CEO Sells 20000 Shares for $653000

Core Insights - Live Oak Bancshares CEO James S. Mahan III reported the indirect sale of 20,000 shares of Common Stock for approximately $653,000 on March 11 and 12, 2026 [1][2] Company Overview - Live Oak Bancshares is a regional bank holding company based in Wilmington, North Carolina, offering commercial banking products and services, including loans and deposit accounts [6] - As of March 21, 2026, the company's stock price is $31.85, with a market capitalization of $1.47 billion and a revenue of $480.78 million for the trailing twelve months (TTM) [4] Transaction Details - The transaction involved the sale of 20,000 shares at a weighted average price of $32.67, representing 0.31% of Mahan's indirect Common Stock holdings [2][4] - This sale matches the recent median trade size of 20,000 shares for Mahan's sell transactions since December of the previous year [4] Financial Performance - Live Oak Bancshares reported a Q4 revenue of $150.93 million, marking a 61.75% increase from the previous year, and has shown growth in net income and earnings per share (EPS) [9] - Despite recent revenue growth, the company's stock has declined 7.29% year to date (YTD) and has experienced four consecutive weeks of price declines as of March 21, 2026 [10] Industry Position - The company was recognized as the most active SBA 7(a) lender in the nation by dollar volume in October 2025, securing over $2.8 billion in funding for small businesses [8] - Live Oak Bancshares is considered less ideal for investment compared to larger banking competitors due to its niche operational focus [10]