STOCK TITAN

Live Oak Acquisition (LOKV) CFO awarded shares and options from merger

Filing Impact
(High)
Filing Sentiment
(Neutral)
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 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)
  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.
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
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.
earnout shares financial
"as the representative of the Legacy Teamshare holders entitled to receive earnout shares"
Earnout shares are company stock promised to sellers as part of an acquisition that only becomes payable if the acquired business hits agreed future performance targets, like revenue or profit goals. They matter to investors because they can increase the number of shares outstanding (dilution), tie seller incentives to future success, and create uncertainty about the actual cost of the deal and future ownership unless the performance conditions are clearly understood.
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"
Legacy Teamshares financial
"Teamshares Inc. ("Legacy Teamshares") and Brian Gaebe, as the representative"
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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*
Gaebe Brian

(Last)(First)(Middle)
C/O TEAMSHARES INC.
214 SULLIVAN STREET, 3B

(Street)
NEW YORK NEW YORK 10012

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Live Oak Acquisition Corp. V [ TMS ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Financial Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/18/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock06/18/2026A13,587A$9.213,587D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Option$0.7606/18/2026A112,753 (2)05/31/2031Common Stock112,753(1)112,753D
Stock Option$3.9206/18/2026A22,551 (3)08/29/2032Common Stock22,551(1)22,551D
Stock Option$7.6906/18/2026A90,203 (4)12/07/2033Common Stock90,203(1)90,203D
Explanation of Responses:
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.
2. The stock option is fully vested and exercisable.
3. 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.
4. 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.
/s/ Jordyn Ashley, Attorney-in-Fact06/23/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.