---
schema_version: "secwatch.filing_event.v1"
accession: "0001462120-26-000049"
form_type: "8-K"
ticker: "LOB"
cik: "0001462120"
company_name: "Live Oak Bancshares, Inc."
filed_at: "2026-07-02T20:13:31+00:00"
generated_at: "2026-07-02T20:15:04.719422+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Live Oak Bancshares appoints Matthew Diffley as Principal Accounting Officer

## Summary
- Matthew S. Diffley, 46, appointed PAO effective July 1, 2026, replacing interim PAO Walter J. Phifer.
- Diffley previously served as SVP, Controller at Seacoast Banking Corporation of Florida since June 2020.
- Expected RSU award of $200,000 vesting in five equal annual installments, subject to Compensation Committee approval.
- Diffley will receive relocation expense reimbursement and is eligible for annual cash bonus and equity awards.
- No family relationships or related party transactions with the company's executive officers or directors.

## SEC filing metadata
- accession: 0001462120-26-000049
- form_type: 8-K
- ticker: LOB
- cik: 0001462120
- company_name: Live Oak Bancshares, Inc.
- filed_at: 2026-07-02T20:13:31+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1462120/000146212026000049/0001462120-26-000049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1462120/000146212026000049/lob-20260701.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001462120-26-000049
- JSON: https://secwatch.observer/filing/0001462120-26-000049.json
- Plain text: https://secwatch.observer/filing/0001462120-26-000049.txt

## Key facts
- Executive change
  Matthew S. Diffley was appointed as Principal Accounting Officer at Live Oak Bancshares, Inc..
  - Action: appointed
  - Role: Principal Accounting Officer
  source text: Effective July 1, 2026, the Board of Directors of Live Oak Bancshares, Inc., (the “Company”) appointed Mr. Diffley as the Company’s Principal Accounting Officer (“PAO”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462120/000146212026000049/0001462120-26-000049-index.htm
- Executive change
  Walter J. Phifer departed as Interim Principal Accounting Officer at Live Oak Bancshares, Inc..
  - Role: Interim Principal Accounting Officer
  source text: Mr. Diffley replaces Walter J. Phifer who served as interim PAO of the Company since June 16, 2026, as previously announced.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1462120/000146212026000049/0001462120-26-000049-index.htm

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