{"schema_version":"secwatch.filing_event.v1","accession":"0001462120-25-000039","form_type":"8-K","ticker":"LOB","cik":"0001462120","company_name":"Live Oak Bancshares, Inc.","filed_at":"2025-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.367045+00:00","generated_at":"2026-05-22T03:52:56.459137+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Live Oak Bancshares appoints Patrick T. McHenry to board, effective May 21, 2025","bullets":["McHenry, former Chairman of the House Financial Services Committee, joins board of Live Oak Bancshares and its banking subsidiary.","Appointment effective May 21, 2025; term runs until 2026 annual meeting of shareholders.","Compensation under existing non-employee director plan, pro-rated for partial term; no related party transactions disclosed.","McHenry served 20 years in Congress, including roles as Chief Deputy Whip and Speaker Pro Tempore."],"urls":{"canonical":"https://secwatch.observer/filing/0001462120-25-000039","json":"https://secwatch.observer/filing/0001462120-25-000039.json","markdown":"https://secwatch.observer/filing/0001462120-25-000039.md","text":"https://secwatch.observer/filing/0001462120-25-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1462120/000146212025000039/0001462120-25-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1462120/000146212025000039/lob-20250506.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-22T03:52:56.459137+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":"dd7b8132e4","claim":"Patrick Timothy McHenry was appointed as Board member at Live Oak Bancshares, Inc..","evidence_excerpt":"appointed Patrick Timothy McHenry to serve as a Board member, effective as of May 21, 2025.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1462120/000146212025000039/0001462120-25-000039-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Board member"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}