JOHN W. SUTHERLAND - 12 Feb 2026 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)

Role
Chief Accounting Officer
Signature
/s/ Jonathan A. Greene, By Power of Attorney
Issuer symbol
LOB
Transactions as of
12 Feb 2026
Net transactions value
-$31,887
Form type
4
Filing time
17 Feb 2026, 18:16:42 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
SUTHERLAND JOHN W. Chief Accounting Officer 1741 TIBURON DRIVE, WILMINGTON /s/ Jonathan A. Greene, By Power of Attorney 17 Feb 2026 0001635154

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOB Voting Common Stock Options Exercise +876 +5.6% 16,452 12 Feb 2026 Direct F1
transaction LOB Voting Common Stock Tax liability $17,536 -436 -2.7% $40.22 16,016 12 Feb 2026 Direct
transaction LOB Voting Common Stock Options Exercise +711 +4.4% 16,727 13 Feb 2026 Direct F1
transaction LOB Voting Common Stock Tax liability $14,351 -354 -2.1% $40.54 16,373 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 -876 -25% $0.000000 2,629 12 Feb 2026 Voting Common Stock 876 Direct F1, F2
transaction LOB Restricted Stock Units Options Exercise $0 -711 -33% $0.000000 1,423 13 Feb 2026 Voting Common Stock 711 Direct F1, F3
holding LOB Restricted Stock Units 2,754 12 Feb 2026 Voting Common Stock 2,754 Direct F1, F4
holding LOB Restricted Stock Units 2,280 12 Feb 2026 Voting Common Stock 2,280 Direct F1, F5
holding LOB Restricted Stock Units 178 12 Feb 2026 Voting Common Stock 178 Direct F1, F6
holding LOB Restricted Stock Units 632 12 Feb 2026 Voting Common Stock 632 Direct F1, F7
* 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 pro rata 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 February 22, 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.