secwatch.observer — SEC 8-K summary
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Issuer:     Live Oak Bancshares, Inc. (LOB)
CIK:        0001462120
Form:       8-K/A
Filed at:   2025-08-15T23:59:59+00:00
Accession:  0001462120-25-000074
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Live Oak Bancshares appoints Jeffrey W. Lunsford to board of directors
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- Appointed Jeffrey W. Lunsford to board of Live Oak Bancshares and Live Oak Bank, effective August 12, 2025.
- Lunsford is Chairman & CEO of Tealium, co-founder & Chairman of DefenseStorm, a cybersecurity firm providing services to Live Oak.
- Related party disclosure: Live Oak paid DefenseStorm $469K in 2024 and $485K in 2025 for IT/cybersecurity solutions.
- Lunsford and family own 8.83% of DefenseStorm; Live Oak Ventures owns 4.49%; other insiders own 3.96%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1462120/000146212025000074/0001462120-25-000074-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1462120/000146212025000074/lob-20250812.htm
  HTML page:      https://secwatch.observer/filing/0001462120-25-000074

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