Caught this - the CEO of Live Oak Bancshares just dumped another 20,000 shares last month. That's actually the second time in like two weeks he's been selling off. Around $804,000 worth gone. On paper it looks routine since there's a pre-arranged trading plan from August, but still kind of interesting timing when you look at the bigger picture.

So here's the thing - the bank's actually been doing decently lately. They just posted their fourth straight quarter of revenue growth, hit $150 million in Q4, and the SBA named them the top 7(a) lender by volume back in October. They funded like $2.8 billion for small businesses last year, which is honestly pretty solid. But despite all that, the stock's been down over the past couple years. It's back up a bit in 2026 but nowhere near where it used to be.

The company's niche is small business lending, which is cool but also kind of risky - you're betting on SMBs staying healthy. With the CEO quietly selling 20,000 shares on top of his previous sale, makes you wonder if insiders are feeling less bullish than the recent earnings suggest. Could just be portfolio rebalancing, but worth paying attention to.