Form 4: Haughie Alan reports multiple insider transactions in LPX
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Haughie Alan reported multiple insider transaction types in a Form 4 filing for LPX. The filing lists transactions totaling 20,296 shares at a weighted average price of $93.83 per share. Following the reported transactions, holdings were 143,332 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Haughie Alan
Role
EVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 887 | $93.62 | $83K |
| Grant/Award | Common Stock | 7,988 | $0.00 | -- |
| Grant/Award | Common Stock | 8,196 | $0.00 | -- |
| Tax Withholding | Common Stock | 3,225 | $93.89 | $303K |
Holdings After Transaction:
Common Stock — 143,332 shares (Direct)
Footnotes (1)
- Consists of restricted stock units ("RSUs") granted pursuant to the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date. Reflects payout of 2023 performance stock units ("PSUs") at 88% of target award amount and includes shares credited as dividend equivalents on such PSUs.
FAQ
What insider transactions did LPX EVP, CFO Alan Haughie report?
Alan Haughie reported equity awards and tax-related share dispositions. He acquired 7,988 restricted stock units and 8,196 shares from performance stock unit payout, and had 3,225 and 887 shares withheld to satisfy tax liabilities, all in Louisiana-Pacific common stock.
Were the LPX insider Form 4 transactions open-market stock sales?
No, the dispositions were tax-withholding transactions, not open-market sales. Code F indicates shares were withheld to pay exercise price or tax liabilities, with 3,225 and 887 shares delivered at $93.89 and $93.62 per share, respectively.
What equity awards did the Louisiana-Pacific CFO receive on February 12, 2026?
On February 12, 2026, the CFO received 7,988 restricted stock units under the 2022 Omnibus Stock Award Plan and 8,196 shares from a 2023 performance stock unit payout, which was settled at 88% of the target amount and included dividend equivalent shares.
How do the new RSUs granted to the LPX CFO vest over time?
The 7,988 restricted stock units vest in three equal annual installments. Vesting starts on the first anniversary of the grant date, meaning one-third of the RSUs will vest each year over a three-year period, subject to the plan’s terms.
What does the 88% payout of 2023 performance stock units mean for LPX?
The 2023 performance stock units paid out at 88% of the target award, resulting in 8,196 shares, including dividend equivalents. This indicates performance outcomes relative to the plan’s targets, but the filing does not provide additional performance metrics or financial comparisons.