Walter J. Phifer - 09 Feb 2026 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)

Role: Chief Financial Officer
Signature: /s/ Jonathan A. Greene, By Power of Attorney
Issuer symbol: LOB
Transactions as of: 09 Feb 2026
Net transactions value: -$39,275
Form type: 4
Filing time: 11 Feb 2026, 17:09:55 UTC
Previous filing: 09 Feb 2026
Next filing: 17 Feb 2026
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Phifer Walter J	Chief Financial Officer	1741 TIBURON DRIVE, WILMINGTON	/s/ Jonathan A. Greene, By Power of Attorney	11 Feb 2026	0002006943

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LOB	Voting Common Stock	Options Exercise		+1,852	+14%		14,724	10 Feb 2026	Direct	F1
transaction	LOB	Voting Common Stock	Tax liability	$39,275	-957	-6.5%	$41.04	13,767	10 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	Award	$0	+9,580		$0.000000	9,580	09 Feb 2026	Voting Common Stock	9,580		Direct	F1, F2
transaction	LOB	Restricted Stock Units	Options Exercise	$0	-1,852	-20%	$0.000000	7,412	10 Feb 2026	Voting Common Stock	1,852		Direct	F1, F3
holding	LOB	Restricted Stock Units						69	09 Feb 2026	Voting Common Stock	69		Direct	F1, F4
holding	LOB	Restricted Stock Units						236	09 Feb 2026	Voting Common Stock	236		Direct	F1, F5
holding	LOB	Restricted Stock Units						3,144	09 Feb 2026	Voting Common Stock	3,144		Direct	F1, F6
holding	LOB	Restricted Stock Units						8,012	09 Feb 2026	Voting Common Stock	8,012		Direct	F1, F7
holding	LOB	Restricted Stock Units						14,581	09 Feb 2026	Voting Common Stock	14,581		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 9, 2027, 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 10, 2026, 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 22, 2022, 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 December 15, 2022, 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 December 9, 2023, 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 12, 2025, 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 18, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.