| Insider | Role | Shares | Value | Buys | Sells |
|---|---|---|---|---|---|
| Date | Ticker | Insider | Role | Type | Shares | Price | Value | Chg% | SEC |
|---|---|---|---|---|---|---|---|---|---|
| Insider | Role | Shares | Value | Buys | Sells |
|---|---|---|---|---|---|
| Date | Ticker | Insider | Role | Type | Shares | Price | Value | Chg% | SEC |
|---|---|---|---|---|---|---|---|---|---|
Chief Credit Officer
1 company
Steve Smits last filed a Form 4 in February 2024, as Chief Credit Officer at LOB. Steve Smits's net worth is not public. Form 4 filings only show shares in the companies where this person was an insider, as of the last filing.
Our model assigns Steve Smits a middling insider score of 54/100, based on 5 past trades. Over a 12-month horizon, 60.0% of those trades were profitable, with an average 12-month return of +18.7%.
At the last filing, the largest reported position was 150,132 shares of LOB. The LOB filings lean toward selling, a net 98,747 shares.
Steve Smits has 34 Form 4 filings on record from July 2015 to February 2024, all as Chief Credit Officer at Live Oak Bancshares (LOB), 2015–2024.
The 68 reported transactions were 22 option exercises, 20 tax withholdings, 14 open-market sales and 11 option or other derivative awards, plus smaller numbers of other types.
Counted by filing, the open-market trades come to no purchases and 8 sales worth about $5.4M.
The largest open-market sale was 20,000 shares of LOB at an average $93.77 on November 11, 2021, about $1.9M. Twelve months later LOB was down 62%.
Shares as reported in the last Form 4 for each company; the most recent is from February 2024. Values use today's prices. Any trades after the last filing were not reported, so current holdings may differ.
| Date | Ticker | Role | Type | Shares | Price | Value | Chg% | 3M | 12M | SEC |
|---|---|---|---|---|---|---|---|---|---|---|
| Dec 7, 2023 | LOB Live Oak Bancshares, Inc. | Chief Credit Officer | Sell | 25,000 | $35.87 | $896,810.50 | -14.6% | +11.1% | +26.7% | |
| Mar 2, 2022 | LOB Live Oak Bancshares, Inc. | Chief Credit Officer | Sell | 2,747 | $63.13 | $173,408.22 | -1.6% | -36.6% | -46.2% | |
| Nov 11, 2021 | LOB Live Oak Bancshares, Inc. | Chief Credit Officer | Sale+OE | 20,000 | $93.77 | $1,875,410.64 | -10.7% | -31.5% | -62.1% | |
| Sep 2, 2021 | LOB Live Oak Bancshares, Inc. | Chief Credit Officer | Sell | 25,000 | $61.19 | $1,529,775.03 | -15.2% | +42.8% | -43.4% | |
| Feb 8, 2021 | LOB Live Oak Bancshares, Inc. | Chief Credit Officer | Sell | 15,000 | $43.40 | $650,998.50 | -9.0% | - | - | |
| May 15, 2018 | LOB Live Oak Bancshares, Inc. | Chief Credit Officer | Sell | 5,000 | $28.85 | $144,250.00 | -9.1% | - | - | |
| May 11, 2018 | LOB Live Oak Bancshares, Inc. | Chief Credit Officer | Sell | 5,000 | $29.10 | $145,500.00 | -8.3% | - | - | |
| Dec 10, 2015 | LOB Live Oak Bancshares, Inc. | Chief Credit Officer | Sale+OE | 1,000 | $13.19 | $13,190.00 | -1.7% | - | - |