Trade Summary

5 days ago, Derraik Renato, serving as Chief Info., Digital Officer, at Live Oak Bancshares, Inc. (LOB), sold 75,000 shares at $37.83 per share, for a total transaction value of $2,837,100.00. Following this transaction, Derraik Renato now holds 4,243 shares of LOB.

This sale represents a 95.00% decrease in Derraik Renato's stake in the company. This is considered a high-conviction trade given the significant change in ownership.

The trade was executed on Thursday, April 30, 2026 and publicly disclosed via SEC Form 4 filing on Monday, May 4, 2026, 4 days after the trade was made.

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