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Red Flags Detected

  • 26.2% Opposition To Equity Compensation Plan (new) — Elevated shareholder opposition to the 2026 Stock Incentive Plan suggests concerns about dilution or compensation structure.
  • Director Cameron Received Only 74.8% Support (new) — Significantly lower support for one director compared to peers may indicate specific shareholder concerns about board composition or performance.
NYSE: LOB Live Oak Bancshares, Inc. 8-K

Live Oak Bancshares shareholders approve two equity plans, elect 10 directors

Filed May 22, 2026 · Period ending May 19, 2026 · ~1 min read

Key Changes

  • medium

    Shareholders approved 2026 Stock Incentive Plan with 71.5% of votes cast (26.2% opposition), representing 55.2% of outstanding shares—elevated opposition for an equity compensation plan.

    Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
  • medium

    Director William H. Cameron received lowest support at 74.8% of votes cast (57.7% of outstanding shares), while other directors ranged from 88.2% to 99.5%.

    Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →
  • medium

    2026 Employee Stock Purchase Plan approved with 99.7% of votes cast (77.0% of outstanding shares), indicating strong shareholder acceptance of employee benefit program.

    Item 5.07 — Submission of Matters to a Vote of Security Holders verify on EDGAR →

1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.

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Source-verified from EDGAR · Narrative written by AI · Jun 21, 2026 · How we verify