Form 8-K
8-K — Live Oak Bancshares, Inc.
Accession: 0001462120-26-000042
Filed: 2026-05-19
Period: 2026-05-19
CIK: 0001462120
SIC: 6022 (STATE COMMERCIAL BANKS)
Item: Other Events
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8-K — lob-20260519.htm (Primary)
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8-K
8-K (Primary)
Filename: lob-20260519.htm · Sequence: 1
lob-20260519
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 19, 2026
LIVE OAK BANCSHARES, INC.
(Exact name of registrant as specified in its charter)
North Carolina 001-37497 26-4596286
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)
1741 Tiburon Drive, Wilmington, NC 28403
(Address of principal executive offices) (Zip Code)
Registrant’s Telephone Number, Including Area Code: (910) 790-5867
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class Trading Symbol(s) Name of each exchange on which registered
Voting Common Stock, no par value per share LOB New York Stock Exchange LLC
Depositary Shares, Each Representing a 1/40th Interest in a Share of 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, no par value per share
LOB/PA New York Stock Exchange LLC
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o
Item 8.01. Other Events.
On May 19, 2026, the Board of Directors of Live Oak Bancshares, Inc. (the “Company”) declared a cash dividend of $0.03 per share of Voting Common Stock and a cash dividend of $0.52344 per depositary share of its 8.375% Fixed Rate Series A Non-Cumulative Perpetual Preferred Stock, each such dividend payable on June 15, 2026 to shareholders of record as of June 2, 2026.
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: May 19, 2026 By: /s/ Walter J. Phifer
Walter J. Phifer
Chief Financial Officer
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v3.26.1
Cover
May 19, 2026
Document Information [Line Items]
Document Type
8-K
Document Period End Date
May 19, 2026
Entity Registrant Name
LIVE OAK BANCSHARES, INC.
Entity Incorporation, State or Country Code
NC
Entity File Number
001-37497
Entity Tax Identification Number
26-4596286
Entity Address, Address Line One
1741 Tiburon Drive,
Entity Address, City or Town
Wilmington,
Entity Address, State or Province
NC
Entity Address, Postal Zip Code
28403
City Area Code
910
Local Phone Number
790-5867
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Entity Central Index Key
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Common Stock
Document Information [Line Items]
Title of 12(b) Security
Voting Common Stock, no par value per share
Trading Symbol
LOB
Security Exchange Name
NYSE
Series A Preferred Stock
Document Information [Line Items]
Title of 12(b) Security
Depositary Shares
Trading Symbol
LOB/PA
Security Exchange Name
NYSE
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