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- 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.
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
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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 → -
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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 → -
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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