Last updated: 4 February 2022 at 5:40pm EST

Neil Underwood Net Worth




The estimated Net Worth of Neil Lawrence Underwood is at least $72.8 Million 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 and Director at Live Oak Bancshares Inc.

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.





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 and 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 and 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, 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. Underwood stock trades at Live Oak Bancshares Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
15 Dec 2021 Neil Lawrence Underwood
President
Sale 21,116 $85.12 $1,797,394
15 Dec 2021
1,383,046
1 Dec 2021 Neil Lawrence Underwood
President
Sale 3,133 $91.64 $287,108
1 Dec 2021
1,404,162
29 Nov 2021 Neil Lawrence Underwood
President
Sale 15,000 $92.81 $1,392,150
29 Nov 2021
1,407,295
22 Nov 2021 Neil Lawrence Underwood
President
Sale 79,853 $96.70 $7,721,785
22 Nov 2021
1,422,295
27 Aug 2021 Neil Lawrence Underwood
President
Sale 17,479 $60.98 $1,065,869
27 Aug 2021
1,607,234
25 Aug 2021 Neil Lawrence Underwood
President
Sale 16,000 $61.09 $977,440
25 Aug 2021
1,624,713
16 Aug 2021 Neil Lawrence Underwood
President
Sale 16,521 $60.15 $993,738
16 Aug 2021
1,640,713
24 Nov 2020 Neil Lawrence Underwood
President
Option 600,000 $46.09 $27,654,000
24 Nov 2020
600,000
11 Mar 2020 Neil Lawrence Underwood
President
Buy 95,000 $11.46 $1,088,700
11 Mar 2020
1,350,434
29 Jan 2019 Neil Lawrence Underwood
President
Buy 7,165 $13.88 $99,450
29 Jan 2019
1,255,434
12 Dec 2018 Neil Lawrence Underwood
President
Buy 15,546 $16.08 $249,980
12 Dec 2018
1,248,269


Live Oak Bancshares Inc executives and stock owners

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