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Home / Companies / Live Oak Bancshares, Inc. / 20 May 2025

Meeting · year to 30 June 2025343 filers reporting

Live Oak Bancshares, Inc.: meeting of 20 May 2025

Votes reported on Form N-PX, item by item

343 Form N-PX filers reported votes at the Live Oak Bancshares, Inc. meeting of 20 May 2025. Their records fall into 4 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

1

DIRECTOR ELECTIONSIssuer

Director elections

8 nominees; 47.2% of reported votes for; 91 filers withheld from or voted against at least one nominee.

1,752 vote records from 116 filers. 56 of the 116 filers that marked the item either way voted against management.

48.3% for0.0% against51.7% other48.3% against management116 filers
2

SECTION 14A SAY-ON-PAY VOTESIssuer

Advisory vote on executive pay (say-on-pay)

485 vote records from 339 filers. 216 of the 325 filers that marked the item either way voted against management. 14 filers reported this item without a management mark.

31.3% for64.0% against4.7% other66.5% against management339 filers57.1% for42.7% against0.2% other42.8% against management34,178,197 reported shares
3

SECTION 14A SAY-ON-PAY VOTESIssuer

Frequency of the say-on-pay vote

0: 1 filer; one year: 304 filers; three years: 8 filers; for: 3 filers; abstain: 2 filers; 1-year: 2 filers.

472 vote records from 334 filers. 9 of the 320 filers that marked the item either way voted against management. 14 filers reported this item without a management mark.

0.9% for0.0% against99.1% other2.8% against management334 filers0.0% for0.1% against99.9% other7.6% against management34,169,063 reported shares
4

AUDIT-RELATEDIssuer

Audit-related items (auditor ratification)

219 vote records from 116 filers. 1 of the 116 filers that marked the item either way voted against management.

99.1% for0.9% against0.9% against management116 filers99.8% for0.2% against0.0% other0.2% against management16,211,076 reported shares

How the largest families voted

Family1. Directors2. Say-on-pay3. Pay-vote frequency4. Auditor
VanguardForAgainst *Split or no voteFor
BlackRock and iSharesForForSplit or no voteFor
FidelityForAgainst *Split or no voteFor
DimensionalAbstain or withhold *Against *Split or no vote *For
State Street and SPDRAbstain or withhold *Against *Split or no voteFor
American CenturyAbstain or withhold *Against *Split or no voteFor
InvescoForAgainst *Split or no voteFor
EquitableForForSplit or no voteFor
Charles SchwabAbstain or withhold *Against *Split or no voteFor
Nuveen and TIAAForForSplit or no voteFor
ProShares and ProFundsAbstain or withhold *Against *Split or no voteFor
John Hancock and ManulifeAbstain or withhold *Against *Split or no voteFor
Morgan Stanley, Eaton Vance and CalvertAbstain or withhold *Against *Split or no voteFor
J.P. MorganForAgainst *Split or no voteFor
Goldman SachsSplit or no voteForSplit or no voteFor
WisdomTreeSplit or no voteAgainst *Split or no voteFor
PGIM and PrudentialAbstain or withhold *Against *Split or no voteFor
Jackson National fundsAbstain or withhold *Against *Split or no vote *For
Northern Trust and FlexSharesForForSplit or no voteFor
SEIForAgainst *Split or no voteFor
T. Rowe PriceForForSplit or no voteFor
Lincoln FinancialForForSplit or no voteFor
VoyaAbstain or withhold *Against *Split or no voteFor
First TrustAbstain or withhold *Against *Split or no voteFor
Russell InvestmentsForAgainst *Split or no voteFor
NationwideForForSplit or no voteFor
Victory CapitalAbstain or withhold *Against *Split or no voteFor
Brighthouse FundsAbstain or withhold *Against *Split or no voteFor
Guggenheim and RydexAbstain or withhold *Against *Split or no voteFor
Columbia ThreadneedleAbstain or withhold *ForSplit or no voteFor
BNY MellonNo reportAgainst *Split or no voteNo report
PrincipalAbstain or withhold *Against *Split or no voteFor
Capital Group and American FundsAbstain or withhold *ForSplit or no voteFor
Pacific Life fundsForForSplit or no voteFor
Global XForAgainst *Split or no voteFor
Federated HermesAbstain or withhold *Against *Split or no voteFor
AllianceBernsteinNo reportAgainst *Split or no voteNo report
DWSAbstain or withhold *Against *Split or no voteFor
MassMutualForForSplit or no voteFor
Harbor FundsForForSplit or no voteFor
Janus HendersonAbstain or withhold *Against *Split or no voteFor
Neuberger BermanNo reportAgainst *Split or no voteNo report
American BeaconAbstain or withhold *Against *Split or no voteFor
Natixis and Loomis SaylesNo reportAgainst *Split or no voteNo 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?

343 Form N-PX filers reported votes at the meeting of 20 May 2025. On say-on-pay, 216 of 325 voted against management (66.5%). 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 20 May 2025. 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.