William L. III Williams

LOB

VICE CHAIRMAN & EVP · LIVE OAK BANCSHARES, INC. · CIK 0001635831

FILING MIX · LIFETIME57%/43%

BUYS

SELLS

TOTAL VALUE

$1.71M

COMPANIES

ACTIVE SINCE

Jul 2020

HOLDINGS NOW

1,122,526

AVG SELL PX

$40.83

Trades · vs SPY

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Performance · forward returns vs SPY

4 backtested trades · 8 horizonsHow are these numbers computed? →

Forward-return performance of every backtestable P/S trade by William L. III Williams, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.

HORIZON	TRADES	WIN RATE	INSIDER RETURN	SPY RETURN	MEAN EXCESS	MEDIAN EXCESS	T-STAT
7d	4	+100.00%	+4.37%	-1.36%	+5.74%	+5.03%	—
14d	4	+25.00%	-0.06%	-4.88%	+4.82%	+0.04%	—
30d	4	+25.00%	-1.55%	-4.26%	+2.71%	-2.80%	—
60d	4	+25.00%	-8.05%	-2.13%	-5.92%	-23.97%	—
90d	4	+25.00%	+1.98%	-8.02%	+10.00%	-22.70%	—
180d	4	+25.00%	+22.96%	-1.94%	+24.90%	-29.77%	—
1y	4	+25.00%	+37.63%	+2.28%	+35.36%	-36.23%	—
2y	4	+25.00%	+3.23%	+16.69%	-13.46%	-52.52%	—

How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.

Holdings over time

LOB · 1,122,525.862 shares · as of Jul 1, 2026

Trading cadence · quarterly flow

BUY ● SELL ●

2020

2021

2022

2023

2024

2025

2026

FLOW · 8 buys / 6 sellsCOVERAGE · 25 quarters

Form 4 filings · all activity

COMPANY	TYPE	SHARES	PRICE	VALUE	HELD AFTER	TRADE DATE	FILED	DETAILS
LOB LIVE OAK BANCSHARES, INC.	SALE10b5-1 10b5-1 plan	5,796	$41.78	$242.1K	1,122,525.862	Jul 1, 2026	Jul 6, 2026 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	SALE10b5-1 10b5-1 plan	2,604	$41.23	$107.4K	1,128,321.862	Jul 1, 2026	Jul 6, 2026 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	SALE10b5-1 10b5-1 plan	8,400	$40.05	$336.5K	1,130,925.862	Jun 24, 2026	Jun 25, 2026 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	PURCHASEGRANT Gift	137,025	—	—	137,025	May 2, 2024	May 6, 2024 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	SALEGRANT Gift	137,025	—	—	0	May 2, 2024	May 6, 2024 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	PURCHASE Vice Chairman & EVP	4,725	$64.46	$304.6K	54,075	Feb 9, 2022	Feb 11, 2022 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	PURCHASE Vice Chairman & EVP	10,000	$63.91	$639.1K	824,200.862	Feb 9, 2022	Feb 11, 2022 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	PURCHASE Vice Chairman & EVP	900	$63.91	$57.5K	54,975	Feb 9, 2022	Feb 11, 2022 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	SALEGRANT Gift	1,250	—	—	0	Feb 2, 2022	Feb 4, 2022 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	PURCHASEGRANT Gift	1,250	—	—	49,350	Feb 2, 2022	Feb 4, 2022 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	PURCHASEGRANT Gift	39,890.862	—	—	814,200.862	Dec 15, 2021	Feb 4, 2022 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	SALEGRANT Gift	39,890.862	—	—	48,100	Dec 15, 2021	Feb 4, 2022 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	PURCHASEGRANT Gift	39,890.862	—	—	87,990.862	Oct 20, 2021	Oct 26, 2021 ↗	View →
LOB LIVE OAK BANCSHARES, INC.	PURCHASE Vice Chairman & EVP	1,250	$15.82	$19.8K	1,250	Jul 27, 2020	Jul 29, 2020 ↗	View →

Other insiders · LOB

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About this filer

CIK 0001635831

ROLE

Vice Chairman & EVP

PRIMARY

LOB

COMPANIES

ACTIVE SINCE

Jul 2020

MARKETPEEL · /INSIDER/0001635831DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE

William L. III Williams

The morning brief, before the bell.