Louisiana-Pacific (NYSE: LPX) CEO gets 41,852-share PSU payout, withholds shares for taxes

Rhea-AI Filing Summary

Louisiana-Pacific Corporation Chief Executive Officer William Bradley Southern reported equity compensation and related tax transactions. On February 12, 2026, he acquired 41,852 shares of common stock at $0 as a payout of 2023 performance stock units at 88% of the target award, including dividend equivalents. On the same day, 16,475 shares were disposed of through a tax-withholding transaction at $93.89 per share, and on February 13, 2026, an additional 2,361 shares were disposed of for tax withholding at $93.62 per share. After these transactions, he directly beneficially owned 475,885 shares of Louisiana-Pacific common stock.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Southern William Bradley

(Last) (First) (Middle)

1610 WEST END AVENUE

SUITE 200

(Street)

NASHVILLE TN 37203

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LOUISIANA-PACIFIC CORP [ LPX ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/12/2026		A		41,852(1)	A	$0	494,721	D
Common Stock	02/12/2026		F		16,475	D	$93.89	478,246	D
Common Stock	02/13/2026		F		2,361	D	$93.62	475,885	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects payout of 2023 performance stock units ("PSUs") at 88% of target award amount and includes shares credited as dividend equivalents on such PSUs.

	/s/Nicole Daniel, Attorney in Fact for W. Bradley Southern	02/17/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transactions did LPX CEO William Bradley Southern report on this Form 4?

Louisiana-Pacific CEO William Bradley Southern reported an equity award and related tax-withholding dispositions. He received 41,852 common shares from a 2023 performance stock unit payout, then disposed of 16,475 and 2,361 shares to cover tax obligations at prices in the low $90s per share.

How many Louisiana-Pacific (LPX) shares does the CEO own after these Form 4 transactions?

After the reported transactions, William Bradley Southern directly beneficially owned 475,885 shares of Louisiana-Pacific common stock. This figure reflects the net position following the 41,852-share performance stock unit payout and the two tax-withholding dispositions reported on February 12 and 13, 2026.

What is the nature of the 41,852-share award reported by LPX’s CEO?

The 41,852-share award represents a payout of 2023 performance stock units at 88% of the target amount. The award also includes shares credited as dividend equivalents on those PSUs, and it was recorded at a price of $0 per share, indicating a compensation grant rather than a market purchase.

What does transaction code "F" mean in the LPX CEO’s Form 4 filing?

Transaction code “F” indicates a tax-withholding disposition, where shares are delivered to satisfy tax liabilities or exercise costs. In this filing, 16,475 shares at $93.89 and 2,361 shares at $93.62 were disposed of to cover obligations tied to the equity award, not open-market selling.

Were the LPX CEO’s reported stock transactions open-market buys or sells?

The filing shows no open-market buys or sells. The CEO acquired shares through an equity compensation payout of performance stock units and disposed of shares solely via tax-withholding transactions, where shares are surrendered to cover tax liabilities associated with the stock award.

How are the 2023 performance stock units described in the LPX Form 4 footnote?

The footnote explains that the 41,852 shares reflect payout of 2023 performance stock units at 88% of the target award. It also notes inclusion of shares credited as dividend equivalents on those PSUs, clarifying the composition of the total shares acquired in this compensation-related transaction.