8-K
filed May 22, 2026, 4:07 PM ET
ticker LOB
CIK 0001462120
other
confidence high
sentiment neutral
materiality 0.10
Live Oak Bancshares shareholders approve all proposals at 2026 annual meeting
Live Oak Bancshares, Inc.
- All 10 director nominees elected including Tonya W. Bradford, William H. Cameron, and Patrick T. McHenry.
- 2026 Omnibus Stock Incentive Plan approved with 25.5M for, 9.4M against.
- 2026 Employee Stock Purchase Plan approved with 35.6M for, 45.9K against.
- Non-binding advisory vote on executive compensation passed with 31.5M for, 4.2M against.
- Ratification of KPMG, LLP as independent auditor for 2026 approved with 42.1M for.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Live Oak Bancshares, Inc. shareholders approved Approval of the Company's 2026 Stock Incentive Plan at the 2026-05-19 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2026-05-19
Exact text from the filing
Approval of the Company’s 2026 Stock Incentive Plan 25,509,462 9,353,674 821,223 6,475,534
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Live Oak Bancshares, Inc. shareholders approved Approval of the Company's 2026 Employee Stock Purchase Plan at the 2026-05-19 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2026-05-19
Exact text from the filing
Approval of the Company’s 2026 Employee Stock Purchase Plan 35,593,365 45,945 45,049 6,475,534
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Live Oak Bancshares, Inc. shareholders approved Ratification of the Selection of KPMG, LLP as Independent Auditor of the Company for 2026 at the 2026-05-19 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2026-05-19
Exact text from the filing
Ratification of the Selection of KPMG, LLP as Independent Auditor of the Company for 2026 42,118,705 28,462 12,726 __
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Live Oak Bancshares, Inc. shareholders approved Advisory proposal to approve compensation paid to the Company's named executive officers at the 2026-05-19 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2026-05-19
Exact text from the filing
Advisory proposal to approve compensation paid to the Company’s named executive officers 31,451,567 4,197,280 35,512 6,475,534
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Live Oak Bancshares, Inc. shareholders approved Election of Directors at the 2026-05-19 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2026-05-19
Exact text from the filing
Shareholders elected Tonya W. Bradford, William H. Cameron, David G. Lucht, Jeffrey W. Lunsford, James S. Mahan III, Patrick T. McHenry, Miltom E. Petty, Neil L. Underwood, Yousef A. Valine, and William L. Williams III to the Board of Directors for terms of one year
View on SEC.gov
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