Gregory W. Seward - 23 Feb 2026 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)

Role
General Counsel
Signature
/s/ Jonathan A. Greene, by Power of Attorney
Issuer symbol
LOB
Transactions as of
23 Feb 2026
Net transactions value
-$17,044
Form type
4
Filing time
25 Feb 2026, 17:27:45 UTC
Previous filing
19 Feb 2026
Next filing
04 Mar 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Seward Gregory W General Counsel 1741 TIBURON DRIVE, WILMINGTON /s/ Jonathan A. Greene, by Power of Attorney 25 Feb 2026 0001656656

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOB Voting Common Stock Options Exercise +1,000 +0.86% 117,242 23 Feb 2026 Direct F1
transaction LOB Voting Common Stock Tax liability $17,044 -445 -0.38% $38.30 116,797 23 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 -1,000 -100% $0.000000 0 23 Feb 2026 Voting Common Stock 1,000 Direct F1, F2
holding LOB Restricted Stock Units 2,370 23 Feb 2026 Voting Common Stock 2,370 Direct F1, F3
holding LOB Restricted Stock Units 8,262 23 Feb 2026 Voting Common Stock 8,262 Direct F1, F4
holding LOB Restricted Stock Units 23,898 23 Feb 2026 Voting Common Stock 23,898 Direct F1, F5
holding LOB Restricted Stock Units 8,383 23 Feb 2026 Voting Common Stock 8,383 Direct F1, F6
holding LOB Restricted Stock Units 7,412 23 Feb 2026 Voting Common Stock 7,412 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 vested in five equal annual installments beginning on February 22, 2022.
F3 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.
F4 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.
F5 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.
F6 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.
F7 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.