Mark Michael Moroz - 09 Dec 2025 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)

Role
Chief Banking Officer
Signature
/s/ Jonathan A. Greene, By Power of Attorney
Issuer symbol
LOB
Transactions as of
09 Dec 2025
Net transactions value
-$41,539
Form type
4
Filing time
10 Dec 2025, 16:23:35 UTC
Previous filing
21 May 2025
Next filing
11 Feb 2026
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Moroz Mark Michael Chief Banking Officer 1741 TIBURON DRIVE, WILMINGTON /s/ Jonathan A. Greene, By Power of Attorney 10 Dec 2025 0002066890

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LOB Voting Common Stock Options Exercise +2,829 +39% 10,136 09 Dec 2025 Direct F1
transaction LOB Voting Common Stock Tax liability $41,539 -1,258 -12% $33.02 8,878 09 Dec 2025 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 -2,829 -33% $0.000000 5,659 09 Dec 2025 Voting Common Stock 2,829 Direct F1, F2
holding LOB Restricted Stock Units 9,264 09 Dec 2025 Voting Common Stock 9,264 Direct F1, F3
holding LOB Restricted Stock Units 9,013 09 Dec 2025 Voting Common Stock 9,013 Direct F1, F4
holding LOB Restricted Stock Units 3,160 09 Dec 2025 Voting Common Stock 3,160 Direct F1, F5
holding LOB Restricted Stock Units 4,000 09 Dec 2025 Voting Common Stock 4,000 Direct F1, F6
holding LOB Restricted Stock Units 35,587 09 Dec 2025 Voting Common Stock 35,587 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 2,829 of the RSUs vested on December 9, 2025, 2,830 of the RSUs will vest on December 9, 2026, and 2,829 of the RSUs will vest on December 9, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date.
F3 1,852 of the RSUs will vest on February 10, 2026 and 1,853 of the RSUs will vest on each of February 10, 2027 and 2028, February 12, 2029 and February 11, 2030, subject to the reporting person's continuous service to the Company or a related entity on such date.
F4 2,253 of the RSUs will vest on each of February 12, 2026 and 2027 and February 14, 2028 and 2,254 of the RSUs will vest on February 12, 2029, subject to the reporting person's continuous service to the Company or a related entity on such date.
F5 1,580 of the RSUs will vest on each of February 17, 2026 and February 16, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date.
F6 The RSUs will vest on February 22, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.
F7 The RSUs vest in five pro-rata annual installments beginning on May 19, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.