LP (NYSE: LPX) SVP granted RSUs and PSU shares, withholds stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Louisiana-Pacific Corporation senior vice president Craig M. Sichling reported equity compensation and related tax withholdings in company stock. On February 12, 2026, he acquired 4,260 restricted stock units (RSUs) under the 2022 Omnibus Stock Award Plan, which vest in three equal annual installments starting one year after the grant.
He also acquired 1,603 common shares from the payout of 2023 performance stock units at 88% of the target award, including dividend equivalent shares. To cover tax obligations, he disposed of 691 shares at $93.89 on February 12 and 173 shares at $93.62 on February 13 through tax-withholding transactions. After these moves, he directly owned 8,969 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Sichling Craig M
Role
SVP, Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 173 | $93.62 | $16K |
| Grant/Award | Common Stock | 4,260 | $0.00 | -- |
| Grant/Award | Common Stock | 1,603 | $0.00 | -- |
| Tax Withholding | Common Stock | 691 | $93.89 | $65K |
Holdings After Transaction:
Common Stock — 8,969 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 activity did LPX executive Craig Sichling report on this Form 4?
Craig M. Sichling reported equity compensation awards and related tax withholdings in Louisiana-Pacific common stock. He received restricted stock units and shares from performance stock units, then surrendered a smaller number of shares to satisfy tax obligations, ending with increased direct ownership overall.
How many RSUs did LPX grant to Craig Sichling and how do they vest?
Louisiana-Pacific granted Craig Sichling 4,260 restricted stock units (RSUs) under its 2022 Omnibus Stock Award Plan. These RSUs vest in three equal annual installments, beginning on the first anniversary of the grant date, providing a multi-year, stock-based incentive tied to continued service.
What role does Craig Sichling hold at Louisiana-Pacific (LPX)?
Craig M. Sichling serves as Senior Vice President and Chief Commercial Officer of Louisiana-Pacific Corporation. His Form 4 reflects stock-based compensation and related tax-withholding activity in that executive capacity, with all reported holdings shown as directly owned rather than through intermediaries.