{"schema_version":"secwatch.filing_event.v1","accession":"0001462120-23-000041","form_type":"8-K","ticker":"LOB","cik":"0001462120","company_name":"Live Oak Bancshares, Inc.","filed_at":"2023-05-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:38.934911+00:00","generated_at":"2026-06-14T21:09:00.222383+00:00","sec_items":["5.07"],"event_type":"other","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.15,"confidence":"high","headline":"Live Oak Bancshares shareholders elect all 11 directors, approve stock plan increase","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001462120-23-000041","json":"https://secwatch.observer/filing/0001462120-23-000041.json","markdown":"https://secwatch.observer/filing/0001462120-23-000041.md","text":"https://secwatch.observer/filing/0001462120-23-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1462120/000146212023000041/0001462120-23-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1462120/000146212023000041/lob-20230516.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-14T21:09:00.222383+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"1adc1a00f61da00b714d9266ad4dbd56d4b6abfb","claim":"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.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462120/000146212023000041/0001462120-23-000041-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"equity plan"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"a5d436541c48f388fc0d0d99907c58767979cadc","claim":"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.","evidence_excerpt":"Shareholders approved a non-binding, advisory proposal to approve compensation paid to the Company's named executive officers","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462120/000146212023000041/0001462120-23-000041-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"say on pay"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"bb74d083aefba2c320324b6218ae998f1e6506c3","claim":"Live Oak Bancshares, Inc. shareholders approved Ratification of FORVIS, LLP as the Company's independent auditors for 2023 at the 2023-05-16 meeting.","evidence_excerpt":"Shareholders ratified FORVIS, LLP as the Company's independent auditors for 2023","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462120/000146212023000041/0001462120-23-000041-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"auditor ratification"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"},{"claim_id":"d253249f058c849322e2fc80f2c9c45fb2d568f1","claim":"Live Oak Bancshares, Inc. shareholders approved Election of Directors at the 2023-05-16 meeting.","evidence_excerpt":"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","evidence_source":"SEC 8-K Item 5.07","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462120/000146212023000041/0001462120-23-000041-index.htm","confidence":1.0,"family_label":"Shareholder Votes","details":[{"label":"Proposal","value":"director election"},{"label":"Outcome","value":"passed"},{"label":"Meeting","value":"2023-05-16"}],"fact_type":"shareholder_vote"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}