---
schema_version: "secwatch.filing_event.v1"
accession: "0001462120-25-000046"
form_type: "8-K"
ticker: "LOB"
cik: "0001462120"
company_name: "Live Oak Bancshares, Inc."
filed_at: "2025-05-22T23:59:59+00:00"
generated_at: "2026-05-20T18:01:48.015602+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.2
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Live Oak Bancshares holds 2025 annual meeting, elects directors and approves Say on Pay

## Summary
- All eight director nominees elected; David G. Lucht received lowest support (20.3M for, 15.1M withheld).
- Advisory vote on executive compensation passed with 23.7M for (67%) vs 11.6M against.
- Shareholders ratified KPMG LLP as 2025 auditor with 40.7M for, 59K against.
- Shareholders approved annual Say on Pay frequency (33.3M for 1 year); company will hold vote each year.

## SEC filing metadata
- accession: 0001462120-25-000046
- form_type: 8-K
- ticker: LOB
- cik: 0001462120
- company_name: Live Oak Bancshares, Inc.
- filed_at: 2025-05-22T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.2
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 5.07
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462120/000146212025000046/0001462120-25-000046-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462120/000146212025000046/lob-20250520.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462120-25-000046
- JSON: https://secwatch.observer/filing/0001462120-25-000046.json
- Plain text: https://secwatch.observer/filing/0001462120-25-000046.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.