Live Oak Bancshares awards $235K cash bonuses and 83,830 RSUs to four executives

Live Oak Bancshares, Inc.

William C. Losch III (President) received $80K cash bonus and 52,694 RSUs.
Renato Derraik (CIO) received $60K cash and 13,173 RSUs; Walter Phifer (CFO) $50K cash and 9,580 RSUs.
Gregory Seward (GC) received $45K cash and 8,383 RSUs; all RSUs vest 20% annually over five years.
Chairman/CEO James Mahan III received no equity award; Committee cited his substantial existing stock ownership.
Awards were approved Feb 9, 2026 under the 2015 Omnibus Stock Incentive Plan.

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