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CEO Sells $362K Live Oak Bancshares Stock
5 Jun
Summary
- CEO sold 10,000 shares valued at $362,000 on May 14, 2026.
- The sale represented 0.2% of the CEO's total holdings.
- Live Oak Bancshares shares yielded 30.04% over the prior year.
James S. Iii Mahan, Chief Executive Officer of Live Oak Bancshares, reported the sale of 10,000 shares on May 14, 2026. The transaction's value reached approximately $362,000, based on a weighted average price of $36.23 per share. This divestment represented only 0.2% of Mahan's total reported beneficial ownership.
The shares sold were held indirectly through various family trusts and LLCs, including the James S. Mahan Revocable Trust. This move follows a series of capacity-driven sales as direct holdings diminished. As of the transaction date, Live Oak Bancshares shares had appreciated significantly, achieving a 30.04% return over the past year.
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