Live Oak Bancshares Reports Officer/Director Changes & Compensation
Ticker: LOB-PA · Form: 8-K · Filed: Feb 16, 2024 · CIK: 1462120
Sentiment: neutral
Topics: corporate-governance, executive-changes, compensation
TL;DR
**Live Oak Bancshares just filed an 8-K about changes to its board/officers and their pay, effective February 12, 2024!**
AI Summary
Live Oak Bancshares, Inc. filed an 8-K on February 16, 2024, reporting an event that occurred on February 12, 2024. The filing indicates information regarding the departure or election of directors or officers, as well as compensatory arrangements for certain officers. The specific details of these changes, including names and any associated dollar amounts, are not provided in the excerpt.
Why It Matters
Changes in leadership and executive compensation can signal strategic shifts or impact investor confidence in a company's future direction and financial health.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of corporate governance changes without immediate negative implications based on the provided text.
Key Players & Entities
- Live Oak Bancshares, Inc. (company) — Registrant
- February 12, 2024 (date) — Date of earliest event reported
- February 16, 2024 (date) — Filed as of date
- 001-37497 (other) — Commission File Number
- North Carolina (other) — State of incorporation
FAQ
What was the earliest event reported in this 8-K filing?
The earliest event reported in this 8-K filing occurred on February 12, 2024.
When was this 8-K filed with the SEC?
This 8-K was filed with the SEC on February 16, 2024.
What items are covered in this 8-K filing?
This 8-K filing covers 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers' and 'Financial Statements and Exhibits'.
What is the full name of the registrant?
The full name of the registrant is LIVE OAK BANCSHARES, INC.
What is the business address of Live Oak Bancshares, Inc.?
The business address of Live Oak Bancshares, Inc. is 1741 Tiburon Drive, Wilmington, NC 28403.
Filing Stats: 900 words · 4 min read · ~3 pages · Grade level 11.3 · Accepted 2024-02-16 16:17:23
Filing Documents
- lob-20240212.htm (8-K) — 29KB
- lob-20240216xexx991.htm (EX-99.1) — 43KB
- lob-20240212_g1.jpg (GRAPHIC) — 372KB
- 0001462120-24-000008.txt ( ) — 1025KB
- lob-20240212.xsd (EX-101.SCH) — 2KB
- lob-20240212_lab.xml (EX-101.LAB) — 23KB
- lob-20240212_pre.xml (EX-101.PRE) — 12KB
- lob-20240212_htm.xml (XML) — 3KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits Exhibit Number Description 99.1 Form of RSU Award Agreement 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) 1
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. LIVE OAK BANCSHARES, INC. Date: February 16, 2024 By: /s/ Gregory W. Seward Gregory W. Seward General Counsel & Chief Risk Officer 2