Louisiana‑Pacific (LPX) insider purchase: 3,200 shares at $78.06

Rhea-AI Filing Summary

Louisiana‑Pacific (LPX) reported an insider purchase by a director. On November 7, 2025, the director bought 3,200 shares of common stock at $78.06 per share. After this transaction, the director beneficially owns 41,149 shares, held directly. This total includes 53 shares credited as dividend equivalents on outstanding RSUs and deferred stock units, and 7,468 DSUs.

Insider Trade Summary

Net Buyer: 3,200 shares ($249,792)

Net Buy 1 txn

Insider Macadam Stephen E.

Role Director

Bought 3,200 shs ($250K)

Type	Security	Shares	Price	Value
Purchase	Common Stock	3,200	$78.06	$250K

Holdings After Transaction: Common Stock — 41,149 shares (Direct)

Footnotes (1)

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Form 4 Insider Transactions: What Each Field Means →

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

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^*

Macadam Stephen E.

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
11/07/2025

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	11/07/2025		P		3,200	A	$78.06	41,149(1)	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. Includes 53 shares reflecting the credit of dividend equivalents on outstanding restricted stock units and deferred stock units ("DSUs") since the reporting person's last Form 4 filing. Total includes 7,468 DSUs held by the reporting person (including additional DSUs credited as dividend equivalents).

	/s/Nicole Daniel, Attorney in Fact	11/12/2025
	** Signature of Reporting Person	Date
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.

FAQ

What insider transaction did LPX report?

A director purchased 3,200 shares of common stock at $78.06 on November 7, 2025.

What is the director’s total beneficial ownership after the trade at LPX?

Beneficial ownership is 41,149 shares, held directly.

What portion of the LPX director’s total includes DSUs or credits?

The total includes 7,468 DSUs and 53 shares credited as dividend equivalents.

Was the LPX director’s ownership held directly or indirectly?

The filing lists the ownership form as Direct (D).

What was the price per share for the LPX insider purchase?

The purchase price was $78.06 per share.

What is the ticker symbol for Louisiana‑Pacific Corporation?

The ticker symbol is LPX.