Louisiana-Pacific (NYSE: LPX) director receives 1,863 RSUs vesting in 2027
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bruce Lizanne M reported acquisition or exercise transactions in this Form 4 filing.
Louisiana-Pacific Corporation director Lizanne M. Bruce received 1,863 restricted stock units (RSUs) as a grant under the company’s 2022 Omnibus Stock Award Plan. The RSUs vest in full on May 8, 2027, with each unit representing one share of common stock. After this award, Bruce directly holds 19,029 shares, including 6 shares credited as dividend equivalents on outstanding RSUs since her last Form 4. This is a non-cash, equity-based compensation grant rather than an open-market stock purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bruce Lizanne M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,863 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 19,029 shares (Direct, null)
Footnotes (1)
- Restricted stock units ("RSUs") granted to non-employee directors pursuant to the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan will vest in full on May 8, 2027. Each RSU represents a contingent right to receive one share of the issuer's common stock. Includes 6 shares reflecting the credit of dividend equivalents on outstanding RSUs since the reporting person's last Form 4 filing.
Key Figures
RSU grant size: 1,863 units
Post-transaction holdings: 19,029 shares
Dividend equivalent shares: 6 shares
+2 more
5 metrics
RSU grant size
1,863 units
Restricted stock units granted on May 8, 2026
Post-transaction holdings
19,029 shares
Direct common stock holdings after grant
Dividend equivalent shares
6 shares
Credited on outstanding RSUs since last Form 4
RSU vesting date
May 8, 2027
RSUs vest in full on this date
Grant price per unit
$0.0000 per unit
Non-cash equity compensation grant
Key Terms
Restricted stock units ("RSUs"), dividend equivalents, 2022 Omnibus Stock Award Plan
3 terms
Restricted stock units ("RSUs") financial
"Restricted stock units ("RSUs") granted to non-employee directors pursuant to the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
dividend equivalents financial
"Includes 6 shares reflecting the credit of dividend equivalents on outstanding RSUs since the reporting person's last Form 4 filing."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
2022 Omnibus Stock Award Plan financial
"RSUs granted to non-employee directors pursuant to the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan"
FAQ
What insider transaction did LPX director Lizanne M. Bruce report on this Form 4?
Lizanne M. Bruce reported receiving 1,863 restricted stock units as a grant. The award was made under Louisiana-Pacific Corporation’s 2022 Omnibus Stock Award Plan and represents equity compensation, not an open-market stock purchase or sale.
When do the newly granted LPX restricted stock units to Lizanne M. Bruce vest?
The 1,863 restricted stock units granted to Lizanne M. Bruce vest in full on May 8, 2027. Vesting means she will then be entitled to receive one share of common stock for each RSU, subject to plan terms.
What does the dividend equivalent credit noted in Lizanne M. Bruce’s LPX Form 4 mean?
The filing notes that 6 shares are included to reflect dividend equivalents on outstanding RSUs. Dividend equivalents are additional share credits that mirror cash dividends paid on common stock, accumulated on unvested RSUs and added to the director’s share balance.