The estimated Net Worth of Neil Lawrence Underwood is at least $72.8 Milion dollars as of 15 December 2021. Mr. Underwood owns over 21,116 units of Live Oak Bancshares Inc stock worth over $57,714,510 and over the last 9 years he sold LOB stock worth over $14,235,485. In addition, he makes $832,455 as President a Director at Live Oak Bancshares Inc.
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Mr. Underwood LOB stock SEC Form 4 insiders trading
Neil has made over 11 trades of the Live Oak Bancshares Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he sold 21,116 units of LOB stock worth $1,797,394 on 15 December 2021.
The largest trade he's ever made was exercising 600,000 units of Live Oak Bancshares Inc stock on 24 November 2020 worth over $25,038,000. On average, Neil trades about 49,267 units every 61 days since 2016. As of 15 December 2021 he still owns at least 1,383,046 units of Live Oak Bancshares Inc stock.
You can see the complete history of Mr. Underwood stock trades at the bottom of the page.
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Neil Underwood biography
Neil L. Underwood serves as President, Director of the Company. He was President of the Company. Mr. Underwood helps to set technological direction for the Company. Prior to joining the Bank, Mr. Underwood served as General Manager of S1 Corporation, where he was responsible for the S1 Enterprise division. S1, since acquired by ACI Worldwide, Inc., built and deployed financial services systems such as online banking, payments and mobile solutions to over 3,000 financial institutions worldwide. Before S1, Mr. Underwood played a key role in launching the Americas division of Brokat Technologies AG, a global financial services software supplier based in Stuttgart, Germany. Acting as Chief Operating Officer, he was responsible for Retail and Wholesale Banking solutions for the Americas. Mr. Underwood came to Brokat as a principal of Transaction Software, which was acquired in May of 1999. A native of Miami, Florida, Mr. Underwood holds a Bachelor’s Degree of Science in Industrial Engineering from the Georgia Institute of Technology. Mr. Underwood’s experience in the technology sector, coupled with a talented approach to management and resource utilization, makes him well suited to serve as a member of our Board of Directors.
What is the salary of Neil Underwood?
As the President a Director of Live Oak Bancshares Inc, the total compensation of Neil Underwood at Live Oak Bancshares Inc is $832,455. There are 5 executives at Live Oak Bancshares Inc getting paid more, with Huntley Garriott having the highest compensation of $5,884,170.
How old is Neil Underwood?
Neil Underwood is 50, he's been the President a Director of Live Oak Bancshares Inc since . There are 13 older and 6 younger executives at Live Oak Bancshares Inc. The oldest executive at Live Oak Bancshares Inc is Glen Hoffsis, 79, who is the Independent Director.
Insiders trading at Live Oak Bancshares Inc
Over the last 9 years, insiders at Live Oak Bancshares Inc have traded over $31,180,468 worth of Live Oak Bancshares Inc stock and bought 1,413,508 units worth $29,482,893 . The most active insiders traders include Don Jackson, Neil Lawrence Underwood a James S Iii Mahan. On average, Live Oak Bancshares Inc executives and independent directors trade stock every 12 days with the average trade being worth of $680,282. The most recent stock trade was executed by William C Iii Losch on 26 August 2024, trading 50,000 units of LOB stock currently worth $2,086,500.
What does Live Oak Bancshares Inc do?
member fdic. the live oak story we started live oak bank in 2007 to provide veterinary business loans to small, independent businesspeople looking to expand, remodel, refinance and/or acquire an existing practice. from the beginning, we took a personal approach and saw our clients not as numbers, but as real people facing real-life opportunities and challenges. we offered big bank expertise and experience without big bank attitudes. it worked - for us as well as our clients - and we expanded our veterinary funding programs to serve the needs of private pharmacies and dental offices. today, live oak has clients across america, but we still see each one as an individual entrepreneur who deserves our undivided attention. we're their bank and we take that responsibility very personally. with this philosophy, live oak is now one of the largest originators of small business loans with one of the strongest loan portfolios in the country. we have extensive experience lending to selected niche
What does Live Oak Bancshares Inc's logo look like?
Complete history of Mr. Underwood stock trades at Live Oak Bancshares Inc
Live Oak Bancshares Inc executives and stock owners
Live Oak Bancshares Inc executives and other stock owners filed with the SEC include:
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Huntley Garriott,
President - Live Oak Banking Company -
Steven Smits,
Chief Credit Officer -
Huntley Garriott Jr.,
Pres of Live Oak Banking Company -
Gregory Seward,
General Counsel -
Susan Janson,
Chief Risk Officer - Live Oak Banking -
Neil Underwood,
President, Director -
James S. Mahan III,
Chairman & CEO -
Neil Lawrence Underwood,
Pres & Director -
S. Brett Caines,
Chief Financial Officer -
James Mahan,
Chairman of the Board, Chief Executive Officer -
Steven J. Smits,
Chief Credit Officer -
Miltom Petty,
Independent Director -
William Cameron,
Independent Director -
Howard Landis,
Independent Director -
Glen Hoffsis,
Independent Director -
Diane Glossman,
Independent Director -
Tonya Williams,
Director -
J. Wesley Sutherland,
Chief Accounting Officer -
William Williams,
Vice Chairman of the Board, Executive Vice President -
Gregory W. Seward,
Exec. VP & Gen. Counsel -
Courtney Spencer,
Chief Admin. Officer -
Claire Parker,
Sr. VP of Corp. Communications -
Renato Derraik,
Chief Information & Digital Officer -
John Wesley Sutherland,
Chief Accounting Officer -
William C. Losch III,
Chief Financial Officer -
William L. Williams III,
Vice Chairman & Exec. VP -
H K Landis,
Director -
Scott Custer,
President, Live Oak Bank -
Don Jackson,
Director -
Steve Smits,
Chief Credit Officer -
Jerald L Pullins,
Director -
Gregory Bruce Thompson,
Chief Operating Officer -
Thomas A. Hill,
Chief Information Officer -
Michael Cairns,
Chief Credit Officer -
David G Salyers,
Director -
Stephanie Mann,
Chief Strategy Officer -
J. William Holt,
Chief Revenue Officer -
Yousef A. Valine,
Director -
David G Lucht,
Director -
Walter J Phifer,
Chief Financial Officer -
Renato Derraik,
Chief Info./Digital Off., Bank -
William C Iii Losch,
Chief Financial Officer -
Micah S Davis,
Chief Marketing & Comm Officer -
Casey S Crawford,
Director -
Courtney Spencer,
Chief Experience Officer