Live Oak Bancshares shareholders elect all 11 directors, approve stock plan increase

Live Oak Bancshares, Inc.

All 11 director nominees elected; highest withhold 12.4M votes (29%) for Miltom E. Petty.
Amendment to 2015 Omnibus Stock Incentive Plan approved: 27.3M for, 8.1M against.
Say-on-pay advisory proposal passed: 30.4M for, 5.0M against.
Ratification of FORVIS as independent auditors passed: 40.7M for, 0.5M against.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Live Oak Bancshares, Inc. shareholders approved Amendment of the Company's Amended and Restated 2015 Omnibus Stock Incentive Plan to increase the number of shares of voting common stock issuable under such plan at the 2023-05-16 meeting.

Proposal: equity plan
Outcome: passed
Meeting: 2023-05-16

Exact text from the filing

Shareholders approved an amendment of the Company's Amended and Restated 2015 Omnibus Stock Incentive Plan to increase the number of shares of voting common stock issuable under such plan

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Live Oak Bancshares, Inc. shareholders approved Non-binding, advisory proposal to approve compensation paid to the Company's named executive officers at the 2023-05-16 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2023-05-16

Exact text from the filing

Shareholders approved a non-binding, advisory proposal to approve compensation paid to the Company's named executive officers

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Live Oak Bancshares, Inc. shareholders approved Ratification of FORVIS, LLP as the Company's independent auditors for 2023 at the 2023-05-16 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2023-05-16

Exact text from the filing

Shareholders ratified FORVIS, LLP as the Company's independent auditors for 2023

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Live Oak Bancshares, Inc. shareholders approved Election of Directors at the 2023-05-16 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-05-16

Exact text from the filing

Shareholders elected Tonya W. Bradford, William H. Cameron, Casey S. Crawford, Diane B. Glossman, Glen F. Hoffsis, David G. Lucht, James S. Mahan III, Miltom E. Petty, Neil L. Underwood, Yousef A. Valine, and William L. Williams III to the Board of Directors for terms of one year

View on SEC.gov

47 shareholder votes filed in the last 30 days. Browse all shareholder votes →

Live Oak Bancshares, Inc. filing history →

Source: SEC EDGAR

accession 0001462120-23-000041

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