Derraik Renato 4
4 · Live Oak Bancshares, Inc. · Filed Aug 13, 2025
Insider Transaction Report
Form 4
Derraik Renato
Chief Info./Digital Off., Bank
Transactions
- Tax Payment
Voting Common Stock
2025-08-11$31.83/sh−11,111$353,663→ 64,424 total - Exercise/Conversion
Voting Common Stock
2025-08-11+25,000→ 75,535 total - Exercise/Conversion
Restricted Stock Units
2025-08-11−25,000→ 25,000 total→ Voting Common Stock (25,000 underlying)
Holdings
- 3,160
Restricted Stock Units
→ Voting Common Stock (3,160 underlying) - 53,769
Restricted Stock Units
→ Voting Common Stock (53,769 underlying) - 17,025
Restricted Stock Units
→ Voting Common Stock (17,025 underlying) - 15,678
Restricted Stock Units
→ Voting Common Stock (15,678 underlying)
Footnotes (6)
- [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 August 10, 2022, 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 14, 2023, 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 13, 2024, 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 installments beginning on February 12, 2025, 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 February 10, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.