Form 4: Director Tonya Bradford Receives LOB Equity Grant

Live Oak Bancshares director Tonya Williams Bradford was granted 2,486 restricted stock units vesting in 2027.

Summary

• Director Tonya Williams Bradford received a grant of 2,486 restricted stock units (RSUs) on May 19, 2026.
• Each RSU represents a contingent right to receive one share of Live Oak Bancshares, Inc. voting common stock.
• The RSUs are scheduled to vest on May 1, 2027.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations.

Positives

• Alignment of director interests with long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• Market volatility affecting the future value of equity compensation.

Future Outlook

The director will receive shares upon the vesting of the units on May 1, 2027, subject to continued service.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practice to ensure alignment between leadership and shareholders in the banking sector.

Comparison to Industry Standards

• The grant of restricted stock units is consistent with standard director compensation packages among regional financial institutions.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity compensation grant.

Next Steps

• Vesting of restricted stock units on May 1, 2027.

Key Dates

Keywords

Live Oak Bancshares, LOB, Director, Equity Grant, Restricted Stock Units, Insider Transaction