Welcome to our dedicated page for Live Oak Bancshares SEC filings (Ticker: LOB), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Live Oak Bancshares, Inc. filings document the regulatory record of a financial holding company whose principal subsidiary is Live Oak Bank. The company’s 8-K reports cover operating results and financial condition, dividend declarations on Voting Common Stock and Series A preferred depositary shares, executive compensation actions, equity awards, and risk-management leadership changes.
Proxy materials describe governance matters, executive compensation, equity-award disclosure and shareholder voting items. Other filings include Form 12b-25 filing-status notices and capital-structure references to common stock and the company’s 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock.
Live Oak Bancshares, Inc. reports that Computer Services Inc. has entered into a definitive agreement to acquire Apiture, Inc., in which Live Oak Banking Company holds an investment. When the deal closes, Apiture will become a wholly owned subsidiary of CSI and each Apiture stockholder, including Live Oak Banking Company, will receive merger consideration under the agreement terms.
The company currently expects to realize an estimated pre-tax gain in the range of $20 million to $25 million from this transaction, subject to closing price adjustments. After the transaction settles, Live Oak will also stop recognizing further pass-through losses from its Apiture investment. Completion of the deal remains subject to customary approvals and closing conditions.
Live Oak Bancshares appointed Jeffrey Williams Lunsford to its Board of Directors and to the board of its subsidiary, Live Oak Banking Company, with service through the next annual meeting. He will receive pro-rated non-employee director compensation under the company’s existing plan. Mr. Lunsford is Chairman and co-founder of DefenseStorm and, together with his immediate family, owns approximately 8.83% of DefenseStorm. The filing discloses related ownership: other directors/executives and families own 3.96%, and Live Oak Ventures, Inc. owns 4.49% of DefenseStorm as of June 30, 2025. The Bank paid DefenseStorm $469,152 in 2024 and $484,881 year-to-date in 2025 for IT and cybersecurity services. The Company attached a press release as Exhibit 99.1 announcing the appointment.
William C. Losch III, President and Director of Live Oak Bancshares (LOB), reported transactions in the company's voting common stock on 08/11/2025. The report shows 42,000 shares tied to restricted stock units (RSUs) and a separate disposition of 18,665 shares at a price of $31.83.
The filing lists reported beneficial ownership figures of 181,459 shares (following the RSU-related entry) and 162,794 shares (following the sale entry). Several RSU grants remain outstanding and vest in five equal annual installments on specified start dates, with reported grant amounts of 2,528, 53,769, 200,000, 44,066 and 45,153 RSUs; each RSU represents a contingent right to one share.
Live Oak Bancshares insider filing by Renato Derraik reports transactions dated 08/11/2025. The filing shows an acquisition of 25,000 restricted stock units (RSUs) and a separate disposition of 11,111 shares at $31.83. The Form 4 lists resulting beneficial ownership figures of 75,535 shares on the acquisition line and 64,424 shares on the disposition line, and identifies the reporting person as Renato Derraik, Chief Information/Digital Officer. The RSUs are described as contingent rights to one share each and vest in five equal annual installments with start dates of Aug 10, 2022, Feb 14, 2023, Feb 13, 2024, Feb 12, 2025, and Feb 10, 2026, subject to continued service. The filing is signed by Jonathan A. Greene by Power of Attorney on 08/13/2025.
Live Oak Bancshares appointed Jeffrey Williams Lunsford to its Board and to the board of its wholly owned bank subsidiary, with service through the next annual shareholders' meeting and pro-rated non-employee director compensation. Mr. Lunsford is Chairman and a co-founder of DefenseStorm, a provider of information technology and cybersecurity solutions for financial institutions.
The filing discloses ownership and vendor relationships: Mr. Lunsford and family own approximately 8.83% of DefenseStorm; certain other directors and executives and their related interests own about 3.96%; the company’s subsidiary Live Oak Ventures owns about 4.49%. The Bank paid DefenseStorm $469,152 in 2024 and $484,881 year-to-date in 2025. A press release announcing the appointment is attached as an exhibit.
Live Oak Bancshares (NYSE: LOB) filed a preliminary 424(b)(5) prospectus to issue an unspecified number of depositary shares, each representing 1/40th of a new Series A Fixed-Rate Non-Cumulative Perpetual Preferred share (liquidation value $25 per depositary share, $1,000 per preferred share). Dividends are discretionary, non-cumulative and paid quarterly beginning 15 Sep 2025; the preferred becomes callable on any dividend date from 15 Sep 2030, or sooner upon a regulatory-capital event, at $25 plus declared dividends. The preferred ranks senior to common stock, has no voting rights except for customary protective provisions, and is expected to list on NYSE as “LOB PR A.” Net proceeds (≈gross less underwriting discount/expenses) will strengthen regulatory capital and support balance-sheet growth; underwriters hold a 30-day over-allotment option.
Management released unaudited 2Q 25 highlights: revenue $143.7 m (+14% QoQ), net income $23.4 m (+141% QoQ), EPS $0.51, provision expense down 20% to $23.3 m, and non-interest expense up 6% to $89.3 m. Loans originated rose 9% to $1.53 bn; total assets reached $13.83 bn and deposits $12.59 bn. Regulatory capital at 31 Mar 25 stood at CET1/Tier 1 10.67% and leverage 8.03%; the offering will boost Tier 1 capital classification (Additional Tier 1) subject to Federal Reserve approval.