LOB - Live Oak Bancshares, Inc.

Insider Purchase by Lucht David G (Dir)

1 Year
After Trade
Before Trade

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Trade Summary

6 months ago, Lucht David G, serving as Dir at Live Oak Bancshares, Inc. (LOB), purchased 4,000 shares at $25.12 per share, for a total transaction value of $100,499.00. Following this transaction, Lucht David G now holds 22,677 shares of LOB.

This purchase represents a 21.00% increase in Lucht David G's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Monday, August 18, 2025 and publicly disclosed via SEC Form 4 filing on Wednesday, August 20, 2025, 2 days after the trade was made.

Live Oak Bancshares, Inc. operates in the FINANCIAL SERVICES sector, specifically within the BANKS - REGIONAL industry. Insider buying activity in this sector can provide valuable signals about industry trends and company-specific developments.

Lucht David G

Dir

David G. Lucht is a founding member of Live Oak Bank, joining in 2007, where he served as Executive Vice President of Credit until his retirement in December 2020.[[2]](https://theorg.com/org/live-oak-bank/org-chart/david-g-lucht)[[5]](https://www.fintechfutures.com/press-releases/live-oak-bancshares-appoints-david-g-lucht-to-board-of-directors) In this role, he helped design the bank's credit risk management approach and shaped its corporate culture from inception.[[2]](https://theorg.com/org/live-oak-bank/org-chart/david-g-lucht) He currently serves as a Director on the Board of Directors of Live Oak Bancshares, Inc. (LOB), with recent compensation of $157,725, including $75,000 in fees.[[1]](https://www.gurufocus.com/insider/55399/david-g-lucht)[[4]](https://www.salary.com/research/executive-compensation/david-g-lucht-board-member-of-live-oak-bancshares-inc) As of early 2025 data, he owns approximately 20,739 shares of LOB stock valued at over $669,000, and his most recent transaction was purchasing 5,000 shares on May 12, 2023.[[1]](https://www.gurufocus.com/insider/55399/david-g-lucht) Prior to Live Oak, Lucht held senior executive positions in banking, including Executive Vice President, Chief Credit Officer, and Director at FirstMerit Corp (FMER) in Akron, OH, leading a credit culture turnaround for the $10.5 billion institution, and Senior Credit Officer at National City Bank.[[1]](https://www.gurufocus.com/insider/55399/david-g-lucht)[[2]](https://theorg.com/org/live-oak-bank/org-chart/david-g-lucht) He holds a Bachelor of Science in Marketing from Miami University in Ohio and an MBA from Kent State University.[[2]](https://theorg.com/org/live-oak-bank/org-chart/david-g-lucht)

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Trade Price

$25.12

Quantity

4,000

Total Value

$100,499.00

Shares Owned

22,677

Trade Date

Monday, August 18, 2025

188 days ago

SEC Filing Date

Wednesday, August 20, 2025

Filed 2 days after trade

FINANCIAL SERVICESBANKS - REGIONAL

About Live Oak Bancshares, Inc.

Company Overview

No company information available
View news mentioning LOB

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