Steve Smits, Chief Credit Officer at Live Oak Bancshares, Inc. (LOB), sold 51,406 shares at $93.71 ($4.8M) on 2021-11-11, disclosed to the SEC on 2021-11-12.
Open-market sale of $4.8M LOB by Chief Credit Officer. Not flagged as scheduled, tax-driven, or recurring — but no specific bearish signal from our filters. Reasons for insider sales vary widely.
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $93.89 | 7,805 | $733K | 15.2% |
| 2 | $93.89 | 1,006 | $94K | 2.0% |
| 3 | $93.89 | 2,595 | $244K | 5.1% |
| 4 | $93.71 | 17,801 | $1.7M | 34.6% |
| 5 | $93.71 | 17,801 | $1.7M | 34.6% |
| 6 | $94.27 | 2,199 |
| $207K |
| 4.3% |
| 7 | $94.27 | 2,199 | $207K | 4.3% |
| Total | $93.80 avg | 51,406 | $4.8M | 100% |
| Filing → |
| LOB | SELL | 2021-09-07 | $3.1M | — | Filing → |
| LOB | SELL | 2021-02-10 | $651K | — | Filing → |
| LOB | SELL | 2018-05-16 | $144K | — | Filing → |