other_material
confidence high
sentiment neutral
materiality 0.35
CEO James Mahan adopts 10b5-1 plan to sell up to 400k shares of Live Oak Bancshares common stock
Live Oak Bancshares, Inc.
- Agreement allows sale of up to 400,000 shares of voting common stock starting Nov 2025 through Sep 2026.
- Plan is prearranged per Rule 10b5-1 and part of Mahan's personal long-term financial and tax planning.
- Mahan serves as Chairman and CEO of Live Oak Bancshares (NYSE: LOB).
- Individual transactions under the plan will be disclosed via Form 4 filings with the SEC.
item 8.01