Insider tied to LPX (NYSE: LPX) files notice to sell shares
Rhea-AI Filing Summary
An LPX shareholder filed a notice of proposed sale of 56,664 common shares, to be sold through Goldman Sachs & Co. LLC on the NYSE, with an aggregate market value of 5,212,521.36. The filing states that 69,643,461 common shares were outstanding at the time of the notice.
The shares to be sold were acquired from the issuer as equity compensation, including restricted stock and performance awards granted between 2022 and 2024. Over the past three months, the same account sold additional common shares in several transactions, such as 1,318 shares for gross proceeds of 112,533.34, 42,514 shares for 3,667,023.81, and 12,848 shares for 1,177,710.64. The signer represents that they are not aware of undisclosed material adverse information about the issuer.
Positive
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Negative
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FAQ
What does the Form 144 filing for LPX disclose?
The Form 144 discloses that an LPX shareholder intends to sell 56,664 common shares through Goldman Sachs & Co. LLC on the NYSE, with an aggregate market value of 5,212,521.36. It also notes that 69,643,461 common shares were outstanding at the time.
What representation does the LPX seller make about inside information?
The person for whose account the LPX securities are to be sold represents by signing that they do not know any material adverse information about the issuer’s current or prospective operations that has not been publicly disclosed.