X0508 4 2026-03-04 0 0001462120 Live Oak Bancshares, Inc. LOB 0001036743 MAHAN JAMES S III 1741 TIBURON DRIVE WILMINGTON NC 28403 1 1 1 0 Chief Executive Officer 1 Voting Common Stock 2026-03-04 4 S 0 10000 36.6872 D 2977844 I By James S. Mahan Revocable Trust Voting Common Stock 2026-03-05 4 S 0 8861 35.3735 D 2968983 I By James S. Mahan Revocable Trust Voting Common Stock 2026-03-05 4 S 0 1139 35.8894 D 2967844 I By James S. Mahan Revocable Trust Voting Common Stock 3032547 I By Marguerite D. Mahan Revocable Trust Voting Common Stock 127167 I By 2021 Chip Mahan Family and Charitable Trust Voting Common Stock 127167 I By 2021 Peggy Mahan Family Trust Voting Common Stock 140150 I By Peapod II, LLC The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2025. This transaction was executed in multiple trades at prices ranging from $36.355 to $36.89. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected. This transaction was executed in multiple trades at prices ranging from $34.73 to $35.72. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected. This transaction was executed in multiple trades at prices ranging from $35.73 to $36.30. The price reported in Column 4 is a weighted average price. The reporting person hereby undertakes to provide upon request to the SEC staff, the Issuer or a security holder of the Issuer full information regarding the number of shares and prices at which the trades were effected. /s/ Jonathan A. Greene, By Power of Attorney 2026-03-06