Willam Lee  Williams, III net worth and biography

Willam Williams, III Biography and Net Worth

Lee Williams is the vice chairman of the company and one of the original founders of the bank. Prior to starting Live Oak Bank, Lee spent 19 years in corporate banking at Wachovia and worked for 14 years at Vine Street Financial doing SBA lending. Lee 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, NC, where he managed the Wachovia Corporate Lending group for the three-county area of southeastern North Carolina. In 1992, he re-joined Chip Mahan at Cardinal Bancshares as they began Vine Street Financial, a niche SBA lending division, of Vine Street Trust Company. Lee held several positions within this group including president and senior SBA lender. Through a series of mergers and acquisitions, Vine Street Financial became a division of BB&T, where Lee served as a senior SBA lender, resigning in May of 2007 to found Live Oak Bank. Lee graduated in 1973 from the University of North Carolina at Chapel Hill with a Bachelor of Science degree in business administration. He currently serves on several private company boards, as managing member, and has served in the capacity of president and treasurer on numerous charitable and nonprofit organizations in Wilmington and elsewhere in North Carolina.

What is Willam Lee Williams, III's net worth?

The estimated net worth of Willam Lee Williams, III is at least $1.99 million as of July 27th, 2020. Mr. Williams, III owns 48,100 shares of Live Oak Bancshares stock worth more than $1,987,011 as of March 28th. This net worth approximation does not reflect any other investments that Mr. Williams, III may own. Learn More about Willam Lee Williams, III's net worth.

How do I contact Willam Lee Williams, III?

The corporate mailing address for Mr. Williams, III and other Live Oak Bancshares executives is 1741 TIBURON DRIVE, WILMINGTON NC, 28403. Live Oak Bancshares can also be reached via phone at (866) 518-0286. Learn More on Willam Lee Williams, III's contact information.

Has Willam Lee Williams, III been buying or selling shares of Live Oak Bancshares?

Willam Lee Williams, III has not been actively trading shares of Live Oak Bancshares during the last ninety days. Most recently, on Wednesday, February 9th, William L. Williams III bought 5,625 shares of Live Oak Bancshares stock. The stock was acquired at an average cost of $64.37 per share, with a total value of $362,081.25. Learn More on Willam Lee Williams, III's trading history.

Who are Live Oak Bancshares' active insiders?

Live Oak Bancshares' insider roster includes Diane Glossman (Director), Susan Janson (Insider), William Losch, III (CFO), Gregory Seward (General Counsel), Steve Smits (Insider), John Sutherland (CAO), Neil Underwood (President), and Willam Williams, III (EVP). Learn More on Live Oak Bancshares' active insiders.

Are insiders buying or selling shares of Live Oak Bancshares?

In the last twelve months, Live Oak Bancshares insiders bought shares 2 times. They purchased a total of 9,000 shares worth more than $197,580.00. In the last twelve months, insiders at the bank sold shares 6 times. They sold a total of 83,613 shares worth more than $2,898,500.31. The most recent insider tranaction occured on March, 11th when insider Micah S Davis sold 8,613 shares worth more than $343,400.31. Insiders at Live Oak Bancshares own 24.9% of the company. Learn More about insider trades at Live Oak Bancshares.

Information on this page was last updated on 3/11/2024.

Willam Lee Williams, III Insider Trading History at Live Oak Bancshares

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
2/9/2022Buy5,625$64.37$362,081.25View SEC Filing Icon  
7/27/2020Buy1,250$15.82$19,775.0048,100View SEC Filing Icon  
12/12/2018Buy20,000$14.86$297,200.0046,100View SEC Filing Icon  
7/30/2018Buy35,000$28.27$989,450.0028,100View SEC Filing Icon  
1/31/2017Buy50,000$20.34$1,017,000.001,252,410View SEC Filing Icon  
11/20/2015Buy14,000$15.28$213,920.001,252,410View SEC Filing Icon  
See Full Table

Willam Lee Williams, III Buying and Selling Activity at Live Oak Bancshares

This chart shows William L Williams III's buying and selling at Live Oak Bancshares by year and by quarter.

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Live Oak Bancshares Company Overview

Live Oak Bancshares logo
Live Oak Bancshares, Inc. operates as the bank holding company for Live Oak Banking Company that provides various banking products and services in the United States. It operates through two segments, Banking and Fintech. The company accepts various deposit products, including noninterest-bearing demand, as well as interest-bearing checking, money market, savings, and time deposits. It also offers commercial and industrial loans; construction and development loans; owner occupied and non-owner occupied collateral commercial real estate loans; and commercial land loans. In addition, the company provides settlement, accounting, and securitization services for government guaranteed loans; financing for renewable energy application industry; wealth and investment management services to high-net-worth individuals and families; and investment advisory services to a series of funds focused on providing venture capital to new and emerging financial technology companies. Live Oak Bancshares, Inc. was incorporated in 2008 and is headquartered in Wilmington, North Carolina.
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Today's Range

Now: $41.31
Low: $39.82
High: $41.31

50 Day Range

MA: $39.33
Low: $35.73
High: $42.85

2 Week Range

Now: $41.31
Low: $19.53
High: $47.22

Volume

102,540 shs

Average Volume

171,454 shs

Market Capitalization

$1.85 billion

P/E Ratio

25.19

Dividend Yield

0.30%

Beta

1.59