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Louisiana-Pacific (NYSE: LPX) director receives 1,863 RSUs vesting in 2027

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  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.
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
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"
SEC Form 4
FORM 4UNITED 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
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
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*
Bruce Lizanne M

(Last)(First)(Middle)
1610 WEST END AVENUE
SUITE 200

(Street)
NASHVILLE TENNESSEE 37203

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
LOUISIANA-PACIFIC CORP [ LPX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/08/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock05/08/2026A1,863(1)A$019,029(2)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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
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.
2. Includes 6 shares reflecting the credit of dividend equivalents on outstanding RSUs since the reporting person's last Form 4 filing.
/s/Nicole Daniel, Attorney in Fact for Lizanne M. Bruce05/11/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

How many Louisiana-Pacific (LPX) shares does Lizanne M. Bruce hold after this RSU grant?

Following the RSU grant, Lizanne M. Bruce directly holds 19,029 shares of Louisiana-Pacific common stock. This total includes 6 additional shares credited as dividend equivalents on her outstanding RSUs since her prior Form 4 filing.

Are the LPX restricted stock units granted to Lizanne M. Bruce the same as common shares today?

The RSUs are not common shares today; they are contingent rights. Each restricted stock unit represents a right to receive one share of Louisiana-Pacific common stock, which will be delivered when the units fully vest on May 8, 2027.

What is the transaction price per share for Lizanne M. Bruce’s LPX RSU grant?

The Form 4 lists a transaction price per share of $0.0000 for the 1,863 RSUs. This reflects that the award is a non-cash equity grant provided as director compensation, rather than stock purchased in the open market for a cash price.

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.