Phifer Walter J 4
4 · Live Oak Bancshares, Inc. · Filed Dec 17, 2025
Insider Transaction Report
Form 4
Phifer Walter J
Chief Financial Officer
Transactions
- Exercise/Conversion
Voting Common Stock
2025-12-15+235→ 6,821 total - Tax Payment
Voting Common Stock
2025-12-15$35.31/sh−109$3,849→ 6,712 total - Exercise/Conversion
Restricted Stock Units
2025-12-15−235→ 236 total→ Voting Common Stock (235 underlying)
Holdings
- 69
Restricted Stock Units
→ Voting Common Stock (69 underlying) - 3,144
Restricted Stock Units
→ Voting Common Stock (3,144 underlying) - 8,012
Restricted Stock Units
→ Voting Common Stock (8,012 underlying) - 9,264
Restricted Stock Units
→ Voting Common Stock (9,264 underlying) - 14,581
Restricted Stock Units
→ Voting Common Stock (14,581 underlying) - 6,160
Employee Stock Option (right to buy)
Exercise: $13.59Exp: 2026-02-16→ Voting Common Stock (6,160 underlying)
Footnotes (8)
- [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 December 15, 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 22, 2022, 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 December 9, 2023, 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 annual 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.
- [F7]The RSUs vest in five equal annual installments beginning on August 18, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F8]The shares subject to this option vested and became exercisable yearly in seven installments beginning on February 16, 2017, as follows: 10% of the shares subject to the option vested on each of February 16, 2017, 2018, 2019, 2020, and 2021; 25% of the shares subject to the option vested on each of February 16, 2022 and 2023.