About this page
Insider trades reported on SEC Form 4: when the people who run a company buy or sell its shares with their own money.
How to read it
- Form 4
- The form a company insider (officer, director or owner of more than 10%) must file with the SEC within two business days of buying or selling the company's shares.
- Buy (P) and Sell (S)
- Open-market purchases and sales. Gifts, option exercises and automatic tax withholding are left out because they say little about what the insider thinks.
- Value
- Shares times price, as reported on the filing.
- 10b5-1
- A trade made under a plan set up in advance. Planned sales are common and usually say less than an unplanned purchase.
- Late filing
- A Form 4 filed more than two business days after the trade.
- Vs. S&P 500
- How the stock did after the trade minus how the overall market did in the same weeks.
A real example
In January 2016, when bank stocks were falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares with his own money, worth about $26 million. His Form 4 made the purchase public within days, and investors read it as a strong sign of confidence.
Explain it like I'm 13
If the coach of a team bets his own allowance that his team will win, that tells you something. A Form 4 is the note a company boss must hand in whenever he buys or sells his own company's shares, so everyone can see it.
Data from public SEC filings and congressional reports. Information, not investment advice. Check every number against the filing linked on the page.
Live Oak Bancshares, Inc. (LOB): Insider Trades and Fund Holdings
In the past 12 months, Live Oak Bancshares, Inc. insiders reported no open-market purchases and 20 sales worth $5.97M; 15 of the sales were reported as made under a 10b5-1 trading plan.
Timeline: news and trades
Company filings (8-K), insider trades, notices of planned sales (Form 144), Congress trades and fund moves in the past year, newest first.
- Oct 26, 2026Planned saleSeward Gregory W (officer) filed notice to sell about $176,550 around Oct 26, 2026
- Oct 21, 2026NewsCompany reported: Quarterly or annual results
- Oct 20, 2026NewsCompany reported: Executive or director change
- Sep 10, 2026Insider saleCEO James S. Mahan III sold $387,485 under a 10b5-1 plan
- Sep 10, 2026Planned saleMAHAN JAMES S III (officer, director) filed notice to sell about $387,485 around Sep 10, 2026
- Sep 9, 2026Insider saleCEO James S. Mahan III sold $386,312 under a 10b5-1 plan
- Sep 9, 2026Planned saleMAHAN JAMES S III (officer, director) filed notice to sell about $386,312 around Sep 9, 2026
- Sep 3, 2026Insider saleCEO James S. Mahan III sold $397,466 under a 10b5-1 plan
- Sep 3, 2026Insider saleDirector William L. Williams III sold $264,220 under a 10b5-1 plan
- Sep 3, 2026Insider saleDirector Tonya Williams Bradford sold $63,824
- Sep 3, 2026Planned saleMAHAN JAMES S III (officer, director) filed notice to sell about $398,900 around Sep 3, 2026
- Sep 3, 2026Planned saleBradford Tonya Williams (director) filed notice to sell about $63,824 around Sep 3, 2026
- Sep 2, 2026Insider saleCEO James S. Mahan III sold $395,412 under a 10b5-1 plan
- Sep 2, 2026Insider saleDirector William L. Williams III sold $72,401 under a 10b5-1 plan
- Sep 2, 2026Planned saleMAHAN JAMES S III (officer, director) filed notice to sell about $390,000 around Sep 2, 2026
- Aug 27, 2026Insider saleCEO James S. Mahan III sold $396,590 under a 10b5-1 plan
- Aug 27, 2026Planned saleMAHAN JAMES S III (officer, director) filed notice to sell about $396,590 around Aug 27, 2026
- Aug 26, 2026Insider saleCEO James S. Mahan III sold $399,878 under a 10b5-1 plan
- Aug 26, 2026Planned saleMAHAN JAMES S III (officer, director) filed notice to sell about $399,878 around Aug 26, 2026
- Aug 20, 2026Insider saleCEO James S. Mahan III sold $405,283 under a 10b5-1 plan
- Aug 20, 2026Planned saleMAHAN JAMES S III (officer, director) filed notice to sell about $405,500 around Aug 20, 2026
- Aug 19, 2026Insider saleCEO James S. Mahan III sold $412,316 under a 10b5-1 plan
- Aug 19, 2026Planned saleMAHAN JAMES S III (officer, director) filed notice to sell about $427,800 around Aug 19, 2026
- Aug 13, 2026Insider saleCEO James S. Mahan III sold $430,973 under a 10b5-1 plan
- Aug 12, 2026Insider saleCEO James S. Mahan III sold $427,475 under a 10b5-1 plan
- Aug 4, 2026Insider saleDirector David G. Lucht sold $88,721
- Aug 4, 2026Insider saleChief Experience Officer Courtney Spencer sold $6,718
- Aug 3, 2026Insider saleDirector William L. Williams III sold $361,865 under a 10b5-1 plan
- Jul 28, 2026Insider saleChief Banking Officer Mark Michael Moroz sold $256,670
- Jul 27, 2026Insider saleDirector David G. Lucht sold $126,396
- Jul 1, 2026Insider saleDirector William L. Williams III sold $349,506 under a 10b5-1 plan
- Jun 24, 2026Insider saleDirector William L. Williams III sold $336,454 under a 10b5-1 plan
Recent insider trades
Open-market purchases (code P) and sales (code S) from Form 4. Grants, option exercises and gifts are not shown. Latest filing: Sep 11, 2026.
| Filed | Insider | Type | Value |
|---|---|---|---|
| Sep 11 | James S. Mahan IIICEO | ▼ SELL10b5-1 | $387K |
| Sep 11 | James S. Mahan IIICEO | ▼ SELL10b5-1 | $386K |
| Sep 8 | James S. Mahan IIICEO | ▼ SELL10b5-1 | $397K |
| Sep 8 | William L. Williams IIIDirector | ▼ SELL10b5-1 | $264K |
| Sep 8 | Tonya Williams BradfordDirector | ▼ SELL | $64K |
| Sep 3 | James S. Mahan IIICEO | ▼ SELL10b5-1 | $395K |
| Sep 3 | William L. Williams IIIDirector | ▼ SELL10b5-1 | $72K |
| Aug 28 | James S. Mahan IIICEO | ▼ SELL10b5-1 | $400K |
| Aug 28 | James S. Mahan IIICEO | ▼ SELL10b5-1 | $397K |
| Aug 21 | James S. Mahan IIICEO | ▼ SELL10b5-1 | $412K |
Insiders who traded in the past year
| Insider | Role | Buys | Bought | Sells | Sold |
|---|---|---|---|---|---|
| James S. Mahan III | CEO | 0 | $0 | 10 | $4.04M |
| William L. Williams III | Director | 0 | $0 | 5 | $1.38M |
| Tonya Williams Bradford | Director | 0 | $0 | 1 | $64K |
| David G. Lucht | Director | 0 | $0 | 2 | $215K |
| Courtney Spencer | Chief Experience Officer | 0 | $0 | 1 | $7K |
| Mark Michael Moroz | Chief Banking Officer | 0 | $0 | 1 | $257K |
A All 20 insider trades reported on time. How it is graded
Reading these numbers
Insiders sell for many reasons: taxes, diversification, a house. Purchases with their own money are rarer and are usually read as more informative. A Form 4 is due within two business days of the trade. How to read a Form 4 →