Mark Michael Moroz - 19 May 2025 Form 4 Insider Report for Live Oak Bancshares, Inc. (LOB)

Role: Chief Banking Officer
Signature: /s/ Jonathan A. Greene, By Power of Attorney
Issuer symbol: LOB
Transactions as of: 19 May 2025
Net transactions value: $0
Form type: 4
Filing time: 21 May 2025, 18:17:38 UTC
Previous filing: 12 May 2025
Next filing: 10 Dec 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Moroz Mark Michael	Chief Banking Officer	1741 TIBURON DRIVE, WILMINGTON	/s/ Jonathan A. Greene, By Power of Attorney	21 May 2025	0002066890

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	LOB	Voting Common Stock						7,307	19 May 2025	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LOB	Restricted Stock Units	Award	$0	+35,587		$0.000000	35,587	19 May 2025	Voting Common Stock	35,587		Direct	F1, F2
holding	LOB	Restricted Stock Units						4,000	19 May 2025	Voting Common Stock	4,000		Direct	F1, F3
holding	LOB	Restricted Stock Units						3,160	19 May 2025	Voting Common Stock	3,160		Direct	F1, F4
holding	LOB	Restricted Stock Units						8,488	19 May 2025	Voting Common Stock	8,488		Direct	F1, F5
holding	LOB	Restricted Stock Units						9,013	19 May 2025	Voting Common Stock	9,013		Direct	F1, F6
holding	LOB	Restricted Stock Units						9,264	19 May 2025	Voting Common Stock	9,264		Direct	F1, F7

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
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	The RSUs will vest in five pro-rata annual installments beginning on May 19, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.
F3	The RSUs will vest on February 22, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.
F4	1,580 of the RSUs will vest on each of February 17, 2026 and February 16, 2027, subject to the reporting person's continuous service to the Company or a related entity on such date.
F5	2,829 of the RSUs will vest on each of December 9, 2025 and 2027 and 2,830 of the RSUs will vest on December 9, 2026, subject to the reporting person's continuous service to the Company or a related entity on such date.
F6	2,253 of the RSUs will vest on each of February 12, 2026 and 2027 and February 14, 2028 and 2,254 of the RSUs will vest on February 12, 2029, subject to the reporting person's continuous service to the Company or a related entity on such date.
F7	1,852 of the RSUs will vest on February 10, 2026 and 1,853 of the RSUs will vest on each of February 10, 2027 and 2028, February 12, 2029 and February 11, 2030, subject to the reporting person's continuous service to the Company or a related entity on such date.