LUCHT DAVID G 4
4 · Live Oak Bancshares, Inc. · Filed Aug 20, 2025
Insider Transaction Report
Form 4
LUCHT DAVID G
Director
Transactions
- Purchase
Depositary Shares
2025-08-18$25.12/sh+4,000$100,499→ 4,000 total
Holdings
- 18,677
Voting Common Stock
- 2,946
Restricted Stock Units
→ Voting Common Stock (2,946 underlying)
Footnotes (3)
- [F1]Each depositary share represents a 1/40th interest in a share of Live Oak Bancshares, Inc. (the "Company") 8.375% Fixed Rate Non-Cumulative Perpetual Preferred Stock, Series A, no par value per share with a liquidation preference of $1,000 per share (equivalent to $25.00 per depositary share) (the "Series A Preferred Stock"). Each depositary share entitles the holder to a proportional fractional interest in all rights and preferences of the Series A Preferred Stock (including dividend, redemption, and liquidation rights).
- [F2]Each restricted stock unit represents a contingent right to receive one share of the Company's. voting common stock.
- [F3]The restricted stock units vest on May 1, 2026.