The estimated Net Worth of Glen F. Hoffsis is at least $5.63 million dollars as of 1 May 2024. Mr. Hoffsis owns over 3,625 units of Live Oak Bancshares Inc stock worth over $5,518,626 and over the last 9 years he sold LOB stock worth over $0. In addition, he makes $109,993 as Independent Director at Live Oak Bancshares Inc.
Glen has made over 15 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 15,000 units of Live Oak Bancshares Inc stock on 30 January 2024 worth over $66,000. On average, Glen trades about 2,471 units every 123 days since 2015. As of 1 May 2024 he still owns at least 132,246 units of Live Oak Bancshares Inc stock.
You can see the complete history of Mr. Hoffsis stock trades at the bottom of the page.
Dr. Glen F. Hoffsis serves as Independent Director of the Company. Retiring in July 2013 as dean of the College of Veterinary Medicine at the University of Florida, Dr. Hoffsis was appointed dean of the newly established Lincoln Memorial University College of Veterinary Medicine effective July 2014. He relinquished the deanship in July 2016 to become Special Assistant to the President of LMU. Prior to that he served as Director of Veterinary Services at Procter and Gamble for two years. He was Dean of the College of Veterinary Medicine at the Ohio State University for 11 years. He has held many professional positions and served on the board of directors of Banfield Pet Hospitals of Portland, Oregon, from 2010 to 2015. In February 2017, Mr. Hoffsis was appointed to the Board of Trustees of Ross University Medical Group. He is a diplomate of the American College of Veterinary Internal Medicine. Dr. Hoffsis is well known and respected within the veterinary profession.
As the Independent Director of Live Oak Bancshares Inc, the total compensation of Glen Hoffsis at Live Oak Bancshares Inc is $109,993. There are 13 executives at Live Oak Bancshares Inc getting paid more, with Huntley Garriott having the highest compensation of $5,884,170.
Glen Hoffsis is 79, he's been the Independent Director of Live Oak Bancshares Inc since 2008. There are no older and 21 younger executives 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 et 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: