Phifer Walter J 4
4 · Live Oak Bancshares, Inc. · Filed Mar 4, 2026
Insider Transaction Report
Form 4
Phifer Walter J
Chief Financial Officer
Transactions
- Sale
Voting Common Stock
[F1]2026-03-02$36.58/sh−4,712$172,379→ 10,103 total
Holdings
- 236
Restricted Stock Units
[F2][F3]→ Voting Common Stock (236 underlying) - 3,144
Restricted Stock Units
[F2][F4]→ Voting Common Stock (3,144 underlying) - 6,009
Restricted Stock Units
[F2][F5]→ Voting Common Stock (6,009 underlying) - 7,412
Restricted Stock Units
[F2][F6]→ Voting Common Stock (7,412 underlying) - 14,581
Restricted Stock Units
[F2][F7]→ Voting Common Stock (14,581 underlying) - 9,580
Restricted Stock Units
[F2][F8]→ Voting Common Stock (9,580 underlying)
Footnotes (8)
- [F1]This transaction was executed in multiple trades at prices ranging from $36.41 to $36.96. The price reporting in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer, or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.
- [F3]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.
- [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 RSUs vest in five equal annual installments beginning on February 9, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date.
Signature
/s/ Jonathan A. Greene, By Power of Attorney|2026-03-04