4//SEC Filing
Moroz Mark Michael 4
Accession 0002066890-25-000002
CIK 0001462120other
Filed
Dec 9, 7:00 PM ET
Accepted
Dec 10, 4:23 PM ET
Size
15.6 KB
Accession
0002066890-25-000002
Insider Transaction Report
Form 4
Moroz Mark Michael
Chief Banking Officer
Transactions
- Exercise/Conversion
Voting Common Stock
2025-12-09+2,829→ 10,136 total - Tax Payment
Voting Common Stock
2025-12-09$33.02/sh−1,258$41,539→ 8,878 total - Exercise/Conversion
Restricted Stock Units
2025-12-09−2,829→ 5,659 total→ Voting Common Stock (2,829 underlying)
Holdings
- 9,264
Restricted Stock Units
→ Voting Common Stock (9,264 underlying) - 9,013
Restricted Stock Units
→ Voting Common Stock (9,013 underlying) - 3,160
Restricted Stock Units
→ Voting Common Stock (3,160 underlying) - 4,000
Restricted Stock Units
→ Voting Common Stock (4,000 underlying) - 35,587
Restricted Stock Units
→ Voting Common Stock (35,587 underlying)
Footnotes (7)
- [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]2,829 of the RSUs vested on December 9, 2025, 2,830 of the RSUs will vest on December 9, 2026, and 2,829 of the RSUs will vest on December 9, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F3]1,852 of the RSUs will vest on February 10, 2026 and 1,853 of the RSUs will vest on each of February 10, 2027 and 2028, February 12, 2029 and February 11, 2030, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F4]2,253 of the RSUs will vest on each of February 12, 2026 and 2027 and February 14, 2028 and 2,254 of the RSUs will vest on February 12, 2029, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F5]1,580 of the RSUs will vest on each of February 17, 2026 and February 16, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date.
- [F6]The RSUs will vest on February 22, 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 pro-rata annual installments beginning on May 19, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.
Documents
Issuer
Live Oak Bancshares, Inc.
CIK 0001462120
Entity typeother
Related Parties
1- filerCIK 0002066890
Filing Metadata
- Form type
- 4
- Filed
- Dec 9, 7:00 PM ET
- Accepted
- Dec 10, 4:23 PM ET
- Size
- 15.6 KB