Steve Smits, Chief Credit Officer at Live Oak Bancshares, Inc. (LOB), sold 50,000 shares at $60.48 ($3.1M) on 2021-09-02, disclosed to the SEC on 2021-09-07.
Open-market sale of $3.1M 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 | $60.48 | 10,386 | $628K | 20.5% |
| 2 | $60.48 | 10,386 | $628K | 20.5% |
| 3 | $61.55 | 10,855 | $668K | 21.8% |
| 4 | $61.55 | 10,855 | $668K | 21.8% |
| 5 | $62.13 | 3,759 | $234K | 7.6% |
| 6 | $62.13 | 3,759 |
| $234K |
| 7.6% |
| Total | $61.19 avg | 50,000 | $3.1M | 100% |
| Filing → |
| LOB | SELL | 2021-11-12 | $3.8M | — | Filing → |
| LOB | SELL | 2021-02-10 | $651K | — | Filing → |
| LOB | SELL | 2018-05-16 | $144K | — | Filing → |