Director LUCHT DAVID G buys 4,000 shares of LOB at $25.12; prior LOB trade was well-timed at 90-day mark.
Director LUCHT DAVID G purchased 4,000 shares of Live Oak Bancshares at $25.12 on 2025-08-18, establishing a new position from zero shares. This buy occurs at a meaningful discount to recent price action: the stock is currently $34.98, up 9.8% over the past 30 days and 29.7% over 90 days, though down 30.4% from its 52-week high of $50.22. His previous purchase at this same ticker on 2023-05-12 exhibited strong timing outcomes, with a 90-day return of 87.0%. The combination of a fresh director stake, positive price momentum since entry, and a track record of well-timed entry at this ticker suggests material conviction, though the transaction follows an extended appreciation period.