James S. Mahan III, chief executive officer of LOB, has filed 57 Form 4 transactions, all of them sales. The total value of those sales is $15,068,512.98, and there are no purchases or acquisitions on record. The recent activity, 25 open-market sales, runs from May 20, 2026 through September 10, 2026, with no gaps longer than a few weeks.
The sales cluster in two blocks. From May 20 to May 28, Mahan sold roughly $1.49 million in LOB stock, with individual trades ranging from $13,189.10 to $376,513. A second block from June 3 to June 11 brought in about $1.51 million, including a $381,851 sale on June 11. The largest concentration came in August and September. Between August 12 and September 10, Mahan filed 12 sales totaling about $4.05 million, with individual transactions from $10,287.75 to $430,973.
The pattern is one-directional. Mahan has not bought LOB shares on the open market, received grants, or exercised options in the period covered by the filings. Every transaction is a code S sale, and the dollar amounts are consistent, mostly between $340,000 and $430,000 per trade. The most recent filing, on September 10, 2026, was a $387,485 sale.
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