Live Oak Acquisition (LOKV) CFO awarded shares and options from merger
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Live Oak Acquisition Corp. V’s Chief Financial Officer Brian Gaebe reported receiving equity in connection with the company’s business combination with Legacy Teamshares under a Merger Agreement. He acquired 13,587 shares of Common Stock, reflecting conversion of Legacy Teamshares equity into the issuer’s stock.
He also received three stock option positions over Common Stock: options for 90,203 shares at $7.69 per share that are fully vested and exercisable, options for 22,551 shares at $3.92 per share that vested 25% on August 29, 2023 and continue vesting in 36 monthly installments, and options for 112,753 shares at $0.76 per share that vested 25% on November 1, 2024 with the remainder vesting in 36 monthly installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Gaebe Brian
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option | 112,753 | $0.00 | -- |
| Grant/Award | Stock Option | 22,551 | $0.00 | -- |
| Grant/Award | Stock Option | 90,203 | $0.00 | -- |
| Grant/Award | Common Stock | 13,587 | $9.20 | $125K |
Holdings After Transaction:
Stock Option — 112,753 shares (Direct, null);
Common Stock — 13,587 shares (Direct, null)
Footnotes (1)
- Represents securities received as part of the Issuer's business combination, in connection with an Agreement and Plan of Merger, dated as of November 14, 2025, as amended and supplemented from time to time (the "Merger Agreement"), by and among the Issuer (formerly known as Live Oak Acquisition Corp. V), Catalyst Sub Inc., Catalyst Sub 2 LLC, Live Oak Sponsor V, LLC, Teamshares Inc. ("Legacy Teamshares") and Brian Gaebe, as the representative of the Legacy Teamshare holders entitled to receive earnout shares, pursuant to which the common stock of Legacy Teamshares automatically converted into newly issued shares of Common Stock, pursuant to the terms of the Merger Agreement. In addition, each Legacy Teamshares stock option was automatically converted into the right to receive stock options of the Issuer, pursuant to the terms of the Merger Agreement. The stock option is fully vested and exercisable. The stock option vested as to 25% of the underlying shares on August 29, 2023 and will vest thereafter in 36 substantially equal monthly installments. The stock option vested as to 25% of the underlying shares on November 1, 2024 and will vest thereafter in 36 substantially equal monthly installments.
Key Figures
Common Stock received: 13,587 shares
Option grant 1 size: 90,203 options
Option grant 1 strike: $7.69 per share
+4 more
7 metrics
Common Stock received
13,587 shares
Equity received via merger conversion; direct holding after transaction
Option grant 1 size
90,203 options
Stock option over Common Stock at $7.69 exercise price, fully vested
Option grant 1 strike
$7.69 per share
Exercise price for 90,203-share stock option, fully vested
Option grant 2 size
22,551 options
Stock option over Common Stock at $3.92 exercise price, time-vested
Option grant 2 strike
$3.92 per share
Exercise price; 25% vested on August 29, 2023, then 36 installments
Option grant 3 size
112,753 options
Stock option over Common Stock at $0.76 exercise price, time-vested
Option grant 3 strike
$0.76 per share
Exercise price; 25% vested November 1, 2024, then 36 installments
Key Terms
Agreement and Plan of Merger, business combination, earnout shares, stock option, +2 more
6 terms
Agreement and Plan of Merger regulatory
"in connection with an Agreement and Plan of Merger, dated as of November 14, 2025"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
business combination financial
"Represents securities received as part of the Issuer's business combination"
A business combination happens when two or more companies join together to operate as one, like two friends merging their teams into a single group. This is important because it can change how companies grow, compete, and make money, often making them bigger and more powerful in the market.
stock option financial
"The stock option is fully vested and exercisable."
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
vested financial
"The stock option vested as to 25% of the underlying shares on August 29, 2023"
FAQ
What did Live Oak Acquisition Corp. V CFO Brian Gaebe acquire in this Form 4?
Brian Gaebe received 13,587 shares of Common Stock and multiple stock option grants. These equity awards were received in connection with the company’s business combination with Legacy Teamshares under a Merger Agreement converting prior Legacy Teamshares equity.
How many stock options did the Live Oak (LOKV) CFO report receiving?
He reported three option positions over Common Stock: 90,203 options at $7.69, 22,551 options at $3.92, and 112,753 options at $0.76. Each option corresponds to the right to acquire the same number of Common Stock shares.
Are any of Brian Gaebe’s reported stock options fully vested?
Yes. One stock option grant for 90,203 shares at $7.69 per share is fully vested and exercisable. This means Gaebe can choose to exercise that option position, subject to its stated expiration date, without further vesting conditions.
What are the vesting schedules for the other stock options reported by the Live Oak CFO?
One grant for 22,551 shares at $3.92 vested 25% on August 29, 2023, then monthly over 36 installments. Another for 112,753 shares at $0.76 vested 25% on November 1, 2024, with remaining shares vesting in 36 substantially equal monthly installments.
Does this Form 4 show open-market buying or selling by the Live Oak CFO?
No. The transactions are coded as A, meaning grant, award, or other acquisition. The filing describes equity conversion and option awards tied to the merger, rather than open-market purchases or sales of the company’s stock.