Live Oak (LOB) tech officer reports 13,173 RSU grant correction

Rhea-AI Filing Summary

Live Oak Bancshares, Inc. reported that a company officer received an equity award of 13,173 restricted stock units on February 9, 2026. Each RSU represents the right to receive one share of the company’s voting common stock at a price of $0.

The RSUs vest in five equal annual installments beginning on February 9, 2027, contingent on the officer’s continued service with the company or a related entity. This is an amended insider report correcting a prior filing that had mistakenly shown 10,778 RSUs instead of 13,173.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Derraik Renato

(Last) (First) (Middle)

1741 TIBURON DRIVE

(Street)

WILMINGTON NC 28403

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Live Oak Bancshares, Inc. [ LOB ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Info./Digital Off., Bank

3. Date of Earliest Transaction (Month/Day/Year)
02/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/11/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	02/09/2026		A		13,173		(2)	(2)	Voting Common Stock	13,173	$0	13,173	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.

2. The RSUs vest in five equal annual installments beginning on February 9, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date.

Remarks:

On February 11, 2026, the reporting person filed a Form 4 which inadvertently reported that 10,778 restricted stock units were acquired. The Form 4 amendment is being filed to reflect the accurate number of restricted stock units that were acquired.

	/s/ Jonathan A. Greene, By Power of Attorney	02/11/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Live Oak Bancshares (LOB) report on this Form 4/A?

Live Oak Bancshares reported that a company officer was granted 13,173 restricted stock units. The insider filing amends a prior report that had inaccurately stated 10,778 RSUs, correcting the disclosed size of the equity award to match the actual grant.

When were the 13,173 restricted stock units at Live Oak Bancshares (LOB) granted?

The 13,173 restricted stock units were granted on February 9, 2026. This date is identified as the transaction date in the insider report and serves as the reference point for the award’s vesting schedule and related reporting obligations.

How do the Live Oak Bancshares (LOB) RSUs from this filing vest over time?

The RSUs vest in five equal annual installments starting on February 9, 2027. Vesting is conditioned on the reporting person’s continuous service with Live Oak Bancshares or a related entity, meaning unvested units could be forfeited if service ends earlier.

What does each RSU in the Live Oak Bancshares (LOB) grant represent?

Each restricted stock unit represents a contingent right to receive one share of Live Oak Bancshares voting common stock. The filing notes an exercise price of $0, so shares are delivered without additional cash payment when vesting conditions are satisfied.

Why was this Live Oak Bancshares (LOB) insider report filed as an amendment?

The report was amended because an earlier filing inadvertently reported 10,778 restricted stock units. This amendment corrects the number to 13,173 RSUs, aligning the disclosed insider equity grant with the actual award made on February 9, 2026.

Which role at Live Oak Bancshares (LOB) is associated with this RSU grant?

The grant is associated with an officer serving as Chief Information/Digital Officer of the bank. The filing identifies the reporting person’s relationship to the issuer as an officer in that specific technology and digital leadership role at Live Oak Bancshares.