LP executive granted RSUs, withholds shares for tax
Louisiana-Pacific Corporation senior vice president Craig M. Sichling reported equity compensation and related tax withholdings in company stock.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 173 | $93.62 | $16K |
| Grant/Award | Common Stock | 4,260 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,603 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 691 | $93.89 | $65K |
Footnotes (2)
- F1. 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.
- F2. 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?
How many RSUs did LPX grant to Craig Sichling and how do they vest?
What role does Craig Sichling hold at Louisiana-Pacific (LPX)?
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