Spencer Courtney 4

4 · Live Oak Bancshares, Inc. · Filed Feb 25, 2026

Form 4

Period: 2026-02-23

Chief Experience Officer

Transactions

Exercise/Conversion
Voting Common Stock
[F1]
2026-02-23+2,000→ 31,425 total
Tax Payment
Voting Common Stock
2026-02-23$38.30/sh−889$34,049→ 30,536 total
Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-02-23−2,000→ 0 total
→ Voting Common Stock (2,000 underlying)

Holdings

Voting Common Stock
(indirect: By Spouse)
153.796
Restricted Stock Units
[F1][F3]
→ Voting Common Stock (1,580 underlying)
1,580
Restricted Stock Units
[F1][F4]
→ Voting Common Stock (6,384 underlying)
6,384
Restricted Stock Units
[F1][F5]
→ Voting Common Stock (5,690 underlying)
5,690
Restricted Stock Units
[F1][F6]
→ Voting Common Stock (6,586 underlying)
6,586
Restricted Stock Units
[F1][F7]
→ Voting Common Stock (5,701 underlying)
5,701

Footnotes (7)

[F1]Each restricted stock unit ("RSU") represents a contingent right to receive one share of Live Oak Bancshares, Inc. (the "Company") voting common stock.
[F2]2,000 of the RSUs vested on each of February 22, 2023, 2024 and 2025, and February 23, 2026.
[F3]The RSUs vest in five equal annual installments beginning on February 14, 2023, subject to the reporting person's continuous service to the Company or a related entity on such date.
[F4]The RSUs vest in five equal annual installments beginning on February 12, 2025, subject to the reporting person's continuous service to the Company or a related entity on such date.
[F5]The RSUs vest in five equal annual installments beginning on February 13, 2024, subject to the reporting person's continuous service to the Company or a related entity on such date.
[F6]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.
[F7]The RSUs vest in five equal annual installments beginning on February 10, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.

Signature

/s/ Jonathan A. Greene, By Power of Attorney|2026-02-25

Documents

1 file