Last updated: 23 May 2024 at 5:36pm EST

Miltom Petty Net Worth




The estimated Net Worth of Miltom Emmett Petty is at least $5.38 Million dollars as of 1 May 2024. Mr. Petty owns over 3,625 units of Live Oak Bancshares Inc stock worth over $5,239,869 and over the last 9 years he sold LOB stock worth over $0. In addition, he makes $135,993 as Independent Director at Live Oak Bancshares Inc.

Mr. Petty LOB stock SEC Form 4 insiders trading

Miltom has made over 8 trades of the Live Oak Bancshares Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently he exercised 3,625 units of LOB stock worth $151,271 on 1 May 2024.

The largest trade he's ever made was exercising 30,000 units of Live Oak Bancshares Inc stock on 29 February 2024 worth over $132,000. On average, Miltom trades about 2,582 units every 161 days since 2015. As of 1 May 2024 he still owns at least 125,566 units of Live Oak Bancshares Inc stock.

You can see the complete history of Mr. Petty stock trades at the bottom of the page.





Miltom Petty biography

Miltom E. Petty serves as Independent Director of the Company. He chairs our Audit and Risk Committee. Since June 1977, Mr. Petty has served as the Chief Financial Officer of Carolina Hosiery Mills, Inc., a privately held manufacturing and real estate development company. Since August 2013, Mr. Petty has served as a director of Trust Company of the South. Mr. Petty graduated with a Bachelor of Science degree in Business Administration from the University of North Carolina at Chapel Hill. He has held an active CPA license from the State of North Carolina for 40 years.

What is the salary of Miltom Petty?

As the Independent Director of Live Oak Bancshares Inc, the total compensation of Miltom Petty at Live Oak Bancshares Inc is $135,993. There are 11 executives at Live Oak Bancshares Inc getting paid more, with Huntley Garriott having the highest compensation of $5,884,170.



How old is Miltom Petty?

Miltom Petty is 68, he's been the Independent Director of Live Oak Bancshares Inc since 2010. 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.

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, and 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?

Live Oak Bancshares Inc logo

Complete history of Mr. Petty stock trades at Live Oak Bancshares Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
1 May 2024 Miltom Emmett Petty
Director
Option 3,625 $33.49 $121,401
1 May 2024
125,566
29 Feb 2024 Miltom Emmett Petty
Director
Option 30,000 $4.40 $132,000
29 Feb 2024
131,941
1 May 2023 Miltom Emmett Petty
Director
Option 2,050 $22.63 $46,392
1 May 2023
101,941
1 May 2022 Miltom Emmett Petty
Director
Option 1,229 $42.33 $52,024
1 May 2022
99,891
1 May 2021 Miltom Emmett Petty
Director
Option 4,160 $63.96 $266,074
1 May 2021
98,662
1 May 2020 Miltom Emmett Petty
Director
Option 2,990 $13.42 $40,126
1 May 2020
94,502
11 Dec 2018 Miltom Emmett Petty
Director
Buy 3,000 $13.64 $40,920
11 Dec 2018
89,512
11 Dec 2015 Miltom Emmett Petty
Director
Buy 2,000 $13.01 $26,020
11 Dec 2015
83,410


Live Oak Bancshares Inc executives and stock owners

Live Oak Bancshares Inc executives and other stock owners filed with the SEC include: