The estimated Net Worth of William L. Iii Williams is at least $34.4 Million dollars as of 9 February 2022. Mr. Williams owns over 15,625 units of Live Oak Bancshares Inc stock worth over $34,393,866 and over the last 9 years he sold LOB stock worth over $0. In addition, he makes $0 as Vice Chairman of the Board und Executive Vice President at Live Oak Bancshares Inc.
William has made over 6 trades of the Live Oak Bancshares Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently he bought 15,625 units of LOB stock worth $1,001,250 on 9 February 2022.
The largest trade he's ever made was buying 50,000 units of Live Oak Bancshares Inc stock on 30 January 2017 worth over $1,017,000. On average, William trades about 13,588 units every 227 days since 2015. As of 9 February 2022 he still owns at least 824,200 units of Live Oak Bancshares Inc stock.
You can see the complete history of Mr. Williams stock trades at the bottom of the page.
William L. Williams III serves as Vice Chairman of the Board, Executive Vice President of the Company. Prior to starting Live Oak Bank, Mr. Williams spent 19 years in corporate banking at Wachovia Bank & Trust Co. and worked for 14 years at Vine Street Financial doing SBA lending. Mr. Williams began his banking career in 1973 at Wachovia, where he worked with Wachovia Services, Inc, then Wachovia Regional Corporate Lending, calling on and lending to mid-market regional companies. In 1987, he relocated to Wilmington, North Carolina, where he managed the Wachovia Corporate Lending group for the three county area of Southeastern North Carolina. In 1992, he re-joined Mr. Mahan at Cardinal Bancshares as they began Vine Street Financial, a niche SBA lending division of Vine Street Trust Company. Mr. Williams held several positions within this group including President and Senior SBA lender. Through a series of mergers/acquisitions, Vine Street Financial became a division of BB&T, where Mr. Williams served as a senior SBA lender, resigning in May of 2007 to found Live Oak Bank’s predecessor. Mr. Williams graduated in 1973 from the University of North Carolina at Chapel Hill with a BS degree in Business Administration. Mr. Williams’ 40 years of corporate banking experience, including deep experience in the SBA lending sector and his involvement as a founder and organizer of our Company, make him uniquely qualified to serve as Vice Chairman of our Board of Directors.
William Williams is 68, he's been the Vice Chairman of the Board und Executive Vice President of Live Oak Bancshares Inc since 2013. There are 4 older and 15 younger executives at Live Oak Bancshares Inc. The oldest executive at Live Oak Bancshares Inc is Glen Hoffsis, 79, who is the Independent Director.
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 und 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.
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
Live Oak Bancshares Inc executives and other stock owners filed with the SEC include: