LPX insider plans $2.5M Rule 144 stock sale

Louisiana-Pacific Corporation insider William B. Southern and Elisabeth E. Southern (JTWROS) have filed a Form 144 to sell 28,332 shares of LPX common stock.

Accepted by SEC EDGAR 02/17/2026 - 04:47 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Louisiana-Pacific Corporation insider William B. Southern and Elisabeth E. Southern (JTWROS) have filed a Form 144 to sell 28,332 shares of LPX common stock. The planned sale through Goldman Sachs & Co. LLC has an aggregate market value of about $2,517,581.52, with the shares listed on the NYSE.

The securities were originally acquired on February 7, 2022 as restricted stock awards from the issuer as compensation, in two grants of 27,012 and 1,320 common shares. As of the notice, 69,643,461 LPX common shares were outstanding. The approximate sale date indicated is February 17, 2026, under Rule 144.

The filing also lists prior sales over the past three months by the same joint tenants, including multiple blocks of LPX common stock sold in December 2025 and January–February 2026, with individual transactions ranging from 1,318 to 55,346 shares and gross proceeds up to several million dollars.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What does the Form 144 filing for LPX by William B. Southern indicate?

The Form 144 indicates an intention to sell 28,332 shares of LPX common stock, with an aggregate market value of about $2.52 million. The shares will be sold through Goldman Sachs & Co. LLC on the NYSE under Rule 144 resale provisions.

How many LPX shares does the insider plan to sell and what is the value?

The insider plans to sell 28,332 LPX common shares with an aggregate market value of approximately $2,517,581.52. This planned transaction is disclosed as a prospective Rule 144 sale, not yet executed, with an approximate sale date of February 17, 2026.

How were the LPX shares in the Form 144 originally acquired?

The LPX shares were acquired on February 7, 2022 as compensation in the form of restricted stock awards from the issuer. Two grants are disclosed, covering 27,012 shares and 1,320 shares of common stock, with consideration described simply as compensation.

What LPX trading details are provided in the Form 144 notice?

The notice states that the 28,332 LPX common shares are to be sold on the NYSE through Goldman Sachs & Co. LLC. It lists an approximate sale date of February 17, 2026 and references an aggregate market value of about $2.52 million for the proposed sale.

How many LPX shares are outstanding according to the Form 144?

The Form 144 states that 69,643,461 shares of LPX common stock are outstanding. This figure provides context for the size of the 28,332-share planned sale, showing it represents a small fraction of the company’s total common shares in the market.

What prior LPX stock sales by the filer are disclosed in the past three months?

The filing lists several prior sales of LPX common stock by William B. Southern and Elisabeth E. Southern (JTWROS) between December 2025 and early February 2026. Individual transactions range from 1,318 to 55,346 shares, with gross proceeds from roughly $112,533 to over $5,073,285.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001549626
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Louisiana-Pacific Corporation
SEC File Number	001-07107
Address of Issuer	1610 West End Avenue Suite 200 Nashville TENNESSEE 37203
Phone	1-615-986-5600
Name of Person for Whose Account the Securities are To Be Sold	William B. Southern
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Goldman Sachs & Co. LLC 200 West Street New York NY 10282	28332	2517581.52	69643461	02/17/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/07/2022	Acquired as compensation -- Restricted Stock Awards	The Issuer			27012	02/07/2022	Compensation
Common	02/07/2022	Acquired as compensation -- Restricted Stock Awards	The Issuer			1320	02/07/2022	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
William B Southern & Elisabeth E Southern JTWROS 1610 West End Avenue Suite 200 Nashville TN 37203	Common	01/15/2026	14166	1318538.7
William B Southern & Elisabeth E Southern JTWROS 1610 West End Avenue Suite 200 Nashville TN 37203	Common	02/02/2026	7080	602899.52
William B Southern & Elisabeth E Southern JTWROS 1610 West End Avenue Suite 200 Nashville TN 37203	Common	02/03/2026	21252	1874235.13
William B Southern & Elisabeth E Southern JTWROS 1610 West End Avenue Suite 200 Nashville TN 37203	Common	12/16/2025	1318	112533.34
William B Southern & Elisabeth E Southern JTWROS 1610 West End Avenue Suite 200 Nashville TN 37203	Common	01/14/2026	55346	5073285.56
William B Southern & Elisabeth E Southern JTWROS 1610 West End Avenue Suite 200 Nashville TN 37203	Common	12/15/2025	42514	3667023.81

144: Remarks and Signature

Remarks	The sales of shares set forth herein are made in connection with a selling plan dated 08/27/2025 that is intended to comply with Rule 10b5-1(c).
Date of Notice	02/17/2026
Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1	08/27/2025
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	Goldman Sachs & Co. LLC on behalf of William B. Southern
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)