William C. Losch III - 12 Feb 2026 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)

Role: President
Signature: /s/ Jonathan A. Greene, By Power of Attorney
Issuer symbol: LOB
Transactions as of: 12 Feb 2026
Net transactions value: -$519,818
Form type: 4
Filing time: 17 Feb 2026, 18:11:01 UTC
Previous filing: 11 Feb 2026
Next filing: 19 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Losch William C III	President	1741 TIBURON DRIVE, WILMINGTON	/s/ Jonathan A. Greene, By Power of Attorney	17 Feb 2026	0001453279

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOB	Voting Common Stock	Options Exercise		+11,016	+5.6%		206,514	12 Feb 2026	Direct	F1
transaction	LOB	Voting Common Stock	Tax liability	$196,917	-4,896	-2.4%	$40.22	201,618	12 Feb 2026	Direct
transaction	LOB	Voting Common Stock	Options Exercise		+17,923	+8.9%		219,541	13 Feb 2026	Direct	F1
transaction	LOB	Voting Common Stock	Tax liability	$322,901	-7,965	-3.6%	$40.54	211,576	13 Feb 2026	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LOB	Restricted Stock Units	Options Exercise	$0	-11,016	-25%	$0.000000	33,050	12 Feb 2026	Voting Common Stock	11,016		Direct	F1, F2
transaction	LOB	Restricted Stock Units	Options Exercise	$0	-17,923	-33%	$0.000000	35,846	13 Feb 2026	Voting Common Stock	17,923		Direct	F1, F3
holding	LOB	Restricted Stock Units						52,694	12 Feb 2026	Voting Common Stock	52,694		Direct	F1, F4
holding	LOB	Restricted Stock Units						36,123	12 Feb 2026	Voting Common Stock	36,123		Direct	F1, F5
holding	LOB	Restricted Stock Units						42,000	12 Feb 2026	Voting Common Stock	42,000		Direct	F1, F6
holding	LOB	Restricted Stock Units						2,528	12 Feb 2026	Voting Common Stock	2,528		Direct	F1, F7
holding	LOB	Restricted Stock Units						150,000	12 Feb 2026	Voting Common Stock	150,000		Direct	F1, F8

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.
F2	The RSUs vest in five equal annual installments beginning on February 12, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date.
F3	The RSUs vest in five equal annual installments beginning on February 13, 2024, subject to the reporting person's continuous service to the Company or a related entity on such date.
F4	The RSUs vest in five equal annual installments beginning on February 9, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date.
F5	The RSUs vest in five equal annual installments beginning on February 10, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.
F6	The RSUs vest in five equal annual installments beginning on August 10, 2022, subject to the reporting person's continuous service to the Company or a related entity on such date.
F7	The RSUs vest in five equal annual installments beginning on February 14, 2023, subject to the reporting person's continuous service to the Company or a related entity on such date.
F8	The RSUs vest in five equal annual installments beginning on August 25, 2024, subject to the reporting person's continuous service to the Company or a related entity on such date.