---
schema_version: "secwatch.filing_event.v1"
accession: "0001462120-25-000070"
form_type: "8-K"
ticker: "LOB"
cik: "0001462120"
company_name: "Live Oak Bancshares, Inc."
filed_at: "2025-08-12T23:59:59+00:00"
generated_at: "2026-05-17T14:25:15.987312+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Live Oak Bancshares appoints Jeffrey W. Lunsford to board of directors

## Summary
- Lunsford appointed to board of Live Oak Bancshares and Live Oak Bank, effective August 12, 2025.
- He is Chairman/CEO of Tealium, former CEO of Limelight Networks and WebSideStory; co-founded DefenseStorm.
- Lunsford and immediate family own 8.83% of DefenseStorm; other directors/officers own 3.96%; Live Oak Ventures owns 4.49%.
- Bank paid DefenseStorm $469,152 in 2024 and $484,881 in 2025 for cybersecurity services.

## SEC filing metadata
- accession: 0001462120-25-000070
- form_type: 8-K
- ticker: LOB
- cik: 0001462120
- company_name: Live Oak Bancshares, Inc.
- filed_at: 2025-08-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462120/000146212025000070/0001462120-25-000070-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462120/000146212025000070/lob-20250812.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462120-25-000070
- JSON: https://secwatch.observer/filing/0001462120-25-000070.json
- Plain text: https://secwatch.observer/filing/0001462120-25-000070.txt

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