Home / Companies / Live Oak Bancshares, Inc. / 21 May 2024
Live Oak Bancshares, Inc.: meeting of 21 May 2024
Votes reported on Form N-PX, item by item
347 Form N-PX filers reported votes at the Live Oak Bancshares, Inc. meeting of 21 May 2024. Their records fall into 5 items below, in ballot order: management items first, then proposals from security holders. Each bar shows how the reporting filers split; it is not the result of the meeting.
foragainstabstain, withhold or otheramber tick: the portion cast against management
Items
DIRECTOR ELECTIONSIssuer
Director elections
10 nominees; 67.7% of reported votes for; 99 filers withheld from or voted against at least one nominee.
2,256 vote records from 131 filers. 7 of the 131 filers that marked the item either way voted against management.
SECTION 14A SAY-ON-PAY VOTESIssuer
Advisory vote on executive pay (say-on-pay)
490 vote records from 342 filers. 205 of the 334 filers that marked the item either way voted against management. 8 filers reported this item without a management mark.
One filer reported a share count too large to be the holding described. That figure is left out of the share split below; the count of filers includes it. How that is decided
AUDIT-RELATEDIssuer
Audit-related items (auditor ratification)
226 vote records from 130 filers. 0 of the 130 filers that marked the item either way voted against management.
CAPITAL STRUCTUREIssuer
CAPITAL STRUCTURE: management items
Management items in this category are shown together; filers word and number them differently.
31 vote records from 22 filers. 0 of the 22 filers that marked the item either way voted against management.
COMPENSATIONIssuer
COMPENSATION: management items
Management items in this category are shown together; filers word and number them differently.
198 vote records from 111 filers. 1 of the 111 filers that marked the item either way voted against management.
How the largest families voted
| Family | 1. Directors | 2. Say-on-pay | 3. Auditor |
|---|---|---|---|
| Vanguard | For | For | For |
| BlackRock and iShares | For | For | For |
| Fidelity | For | Against * | For |
| Dimensional | For | Against * | For |
| State Street and SPDR | For | Against * | For |
| American Century | Split or no vote | Against * | For |
| Franklin Templeton | For | Abstain or withhold * | For |
| Invesco | For | For | For |
| Equitable | For | For | For |
| Charles Schwab | Split or no vote | Against * | For |
| Nuveen and TIAA | For | For | For |
| ProShares and ProFunds | Split or no vote | Against * | For |
| John Hancock and Manulife | For | Against * | For |
| Morgan Stanley, Eaton Vance and Calvert | For | Against * | For |
| J.P. Morgan | Split or no vote | Against * | For |
| Goldman Sachs | Split or no vote | Against * | For |
| WisdomTree | Abstain or withhold * | Against * | For |
| PGIM and Prudential | For | Against * | For |
| Jackson National funds | For | Against * | For |
| Northern Trust and FlexShares | For | For | For |
| SEI | For | Against * | For |
| T. Rowe Price | For | For | For |
| Lincoln Financial | For | For | For |
| Voya | For | Against * | For |
| First Trust | Split or no vote | Against * | For |
| Russell Investments | For | Against * | For |
| Nationwide | Split or no vote | Against * | For |
| Victory Capital | Split or no vote | Against * | For |
| Brighthouse Funds | Split or no vote | Against * | For |
| Guggenheim and Rydex | Split or no vote | Against * | For |
| Columbia Threadneedle | Split or no vote | For | For |
| BNY Mellon | No report | Against * | No report |
| Principal | Split or no vote | Against * | For |
| Capital Group and American Funds | Abstain or withhold * | For | For |
| Pacific Life funds | For | For | For |
| Global X | For | Against * | For |
| Federated Hermes | Abstain or withhold * | For | For |
| AllianceBernstein | No report | Against * | No report |
| DWS | Split or no vote | Against * | For |
| Allspring | No report | Against * | No report |
| MassMutual | For | For | For |
| Harbor Funds | For | For | For |
| Janus Henderson | No report | Against * | No report |
| Neuberger Berman | No report | Against * | No report |
| American Beacon | For | For | For |
| Natixis and Loomis Sayles | No report | Against * | No report |
| Lord Abbett | No report | Against * | No report |
* against management. A family's position is the way most of its reported shares were voted across its filers; "split" means no single position led. "No report" means none of the family's filers listed the item.
Questions
How did large funds vote at the Live Oak Bancshares, Inc. meeting?
347 Form N-PX filers reported votes at the meeting of 21 May 2024. On say-on-pay, 205 of 334 voted against management (61.4%). The family table lists each of the largest families item by item.
Is this the meeting result?
No. These are the votes of funds and managers that file Form N-PX, counted by filer and by the shares they reported. The certified result, which includes every shareholder, is reported by Live Oak Bancshares, Inc. on Form 8-K.
Why are director elections shown as counts only?
Director records name the nominee. This site does not publish pages or rows about individuals, so for director elections it keeps the number of nominees and the split of votes and discards the wording.
Every meeting on file for Live Oak Bancshares, Inc.
Provenance: SEC EDGAR, Form N-PX and N-PX/A filings listing Live Oak Bancshares, Inc. with a meeting date within three days of 21 May 2024. Proposal titles are the most common wording among filers and are replaced by the SEC category where a wording could name a person. Not verified by the SEC. Filings read through 23 Sep 2026.