<div id="readability-page-1"><div><p><span>Mahan James S III Chairman of the Board of Live Oak Bancshares Inc [LOB] filed a Form 4 on December 16, 2025 with the Securities and Exchange Commission disclosing the following changes in ownership:</span></p><div><table><tbody><tr><td><span>Date</span></td><td><span>12/12/25</span></td></tr><tr><td><span>Transaction</span></td><td><span>Planned Sale(1)</span></td></tr><tr><td><span>Shares</span></td><td><span>10,000</span></td></tr><tr><td><span>Price</span></td><td><span>$35.13</span></td></tr><tr><td><span>Value</span></td><td><span>$351,313</span></td></tr></tbody></table></div><p><span>Ending Holdings: 6,514,875 - Indirect</span></p><ul><li><span>(1)</span></li><li><span>Executed pursuant to a prearranged trading plan (10b5-1).</span></li></ul><p><span>For a free trial, or to learn more about our insider trading analysis and data services, please visit http://www.washingtonservice.com or contact us at (301) 913-5100 or send an email to info@washingtonservice.com.</span></p><p><span>Founded in 1970, The Washington Service provides securities professionals with financial, economic and public policy research and data.</span></p><span> </span></div></div>

<p>James S. Mahan III, Chairman of Live Oak Bancshares Inc, sold 10,000 shares worth $351,313 on December 12, 2025, under a prearranged trading plan (10b5-1). His remaining indirect holdings are 6,514,875 shares. The transaction was disclosed in a Form 4 filed with the SEC.</p>

Chmn Mahan III Sells 10,000 ($351.3K) Of Live Oak Bancshares Inc [LOB]