Transaction · 0002030240-26-000007

Cairns Michael

Cairns Michael, CCO, reported a transaction classified as exercise at Live Oak Bancshares, Inc. involving 2420.000000 shares for an estimated $0.00. Reported holdings after the transaction were 7260.000000 shares. A 10b5-1 reference was not detected in the stored filing text.

exerciseSEC transaction code MCCO
LOBLive Oak Bancshares, Inc.
Estimated value$0Shares × reported price
Shares traded2.42k$0.00 per share
Holdings after7.26kDirect
% of reported position tradedUnavailableThis security and ownership context
How reported position traded is calculated

Not calculated for derivative securities.

Row-level estimate for this security and ownership context, not the insider’s complete portfolio. Joint ownership, other transactions in the filing, amendments and footnotes can affect interpretation.

LOB price since this filing

Daily closing prices, with the filing date and available return windows
LOB · Daily closing priceLoading daily prices…
Filing dateReturn windows appear as prices become available.
Pre-filing1mo ago +1.6%1w ago +4.3%1d ago +4.0%
Returns since7d -2.1%30d -6.7%90d180d1y

Transaction facts

Stored Form 4 columns with their raw values

Derivative
Type
exercise
Code M
Identifier
0002030240-26-000007
Restricted Stock Units
Transaction date
Aug 19, 2026
Filed Aug 21, 2026, 08:37 PM · 2d delay
Shares
2,420 sh
$0.00 per share
Estimated value
$0
Computed from shares × price
Holdings after
7,260 sh
Direct

Filing signal explanations

Badges describe filing facts only — not predictions.

Cluster 14dRepeat 30dPattern $100kLarge $1.00M
Derivative Transaction Direct Ownership Large Holdings Reduction
Filing-only score

-6 points

Compact filing score computed from stored Form 4 facts. Version v1.

Mixed or weak signal

This filing has a negative filing-only score. It may be less informative as an insider-activity signal and needs extra context.

How this score is calculated
  • direct_ownership+6 points

    direct_or_indirect_ownership = D

    Direct ownership reports the insider's personal stake.
  • timely_filing+4 points

    reporting_delay_days = 2

    Filing reported within two business days of the transaction.
  • derivative_transaction-16 points

    is_derivative = true

    Derivative exercise rows are less discretionary than open-market purchases.
Read the scoring methodology

Signed filing-only points, not a probability or expected return. Version v1.

Reported relationships & other filings

Form 4 relationship flags and nearby filing context

Reported roles

Chief Credit Officer

Officer YesDirector No10% NoOther No
Footnotes & amended
  1. F1

    Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.

  2. F2

    The RSUs vest in five equal annual installments beginning on August 19, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date.

  3. F3

    235 of the RSUs vested on each of December 15, 2024 and 2025, and 236 of the RSUs will vest on December 15, 2026, subject to the reporting person's continuous service to the Company or a related entit…

  4. F4

    The RSUs vest in five equal annual installments beginning on December 9, 2024, subject to the reporting person's continuous service to the Company or a related entity on such date.

  5. F5

    945 of the RSUs vested on December 9, 2024 and 946 of the RSUs vested on December 8, 2025, and 946 of the RSUs will vest on each of December 8, 2026, 2027, and 2028, subject to the reporting person's…

  6. 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.

  7. F7

    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.

Original filing · 0002030240-26-000007
Related transactions

0 other transactions

Same SEC filing
Recent company activity

0 recent txs

LOB