$Live Oak Bancshares Inc(LOB-A)$. has introduced a new Restricted Stock Unit Award Agreement under its 2015 Omnibus Stock Incentive Plan, effective February 9, 2026. According to the agreement, recipients will receive restricted stock units that vest in equal 20% increments on each anniversary of the grant date over a five-year period, contingent on continued service with the company. The agreement also includes provisions for the potential forfeiture and repayment of awarded compensation under certain circumstances.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Live Oak Bancshares Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001462120-26-000009), on February 13, 2026, and is solely responsible for the information contained therein.