TechThe Motley Fool4 days ago
Live Oak CEO Sells $737,000 in Stock
1 min read
Live Oak Bancshares CEO James Mahan sold 20,000 shares worth $737,000 on June 3-4 under a pre-arranged Rule 10b5-1 plan. Shares climbed 35% over the past year. Mahan still owns nearly 6.3 million shares. The sale reflects wealth management, not a warning, as Q1 net income nearly tripled to $27.9 million.
Level
Hype check
Tap to vote and see what everyone thinks.
