Louisiana-Pacific (NYSE: LPX) director awarded 1,863-share RSU-based stock grant

Rhea-AI Filing Summary

Louisiana-Pacific Corp director Jose A. Bayardo received an equity award rather than buying shares on the market. He was granted 1,863 shares of common stock on May 8, 2026 at no purchase price, reflecting restricted stock units granted under the company’s 2022 Omnibus Stock Award Plan.

The RSUs will vest in full on May 8, 2027, at which point each unit will convert into one share of common stock if conditions are met. Following this grant, Bayardo directly holds 9,616 shares of Louisiana-Pacific common stock.

Insights

Equity Compensation Analyst

Routine director RSU grant that increases equity alignment without signaling market buying.

Director Jose A. Bayardo received 1,863 shares of Louisiana-Pacific common stock via a grant valued at $0 per share. Footnotes clarify this represents restricted stock units under the 2022 Omnibus Stock Award Plan, a standard equity compensation mechanism for non-employee directors.

The RSUs vest in full on May 8, 2027, so Bayardo’s ability to receive the underlying shares depends on meeting the plan’s conditions through that date. After this grant he directly holds 9,616 shares, indicating a modest increase in his equity stake; the filing shows no open-market buying or selling.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Bayardo Jose A

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,863	$0.00	--

Holdings After Transaction: Common Stock — 9,616 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 20 shares reflecting the credit of dividend equivalents on outstanding RSUs since the reporting person's last Form 4 filing.

Key Figures

Shares granted: 1,863 shares Grant price: $0.0000 per share Post-transaction holdings: 9,616 shares +2 more

5 metrics

Shares granted 1,863 shares Common stock received via grant on May 8, 2026

Grant price $0.0000 per share Equity award, not an open-market purchase

Post-transaction holdings 9,616 shares Total common stock directly held after grant

RSU vesting date May 8, 2027 RSUs vest in full on this date

Dividend equivalent shares 20 shares Credited on outstanding RSUs since last Form 4

Key Terms

Restricted stock units ("RSUs"), 2022 Omnibus Stock Award Plan, dividend equivalents, contingent right

4 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.

2022 Omnibus Stock Award Plan financial

"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"

dividend equivalents financial

"Includes 20 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.

contingent right financial

"Each RSU represents a contingent right to receive one share of the issuer's common stock"

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^*

Bayardo Jose A

(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)

X	Director		10% 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)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/08/2026		A		1,863(1)	A	$0	9,616(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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 20 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 Jose A. Bayardo	05/11/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Jose A. Bayardo report in this Louisiana-Pacific (LPX) Form 4?

Jose A. Bayardo reported receiving 1,863 shares of Louisiana-Pacific common stock as an equity grant. The award was issued at no purchase price and reflects restricted stock units granted under the company’s 2022 Omnibus Stock Award Plan for non-employee directors.

Was the LPX Form 4 for an open-market buy or a stock grant?

The Form 4 reflects a stock grant, not an open-market purchase. Bayardo acquired 1,863 shares through a grant/award transaction at a price of $0.0000 per share, consistent with restricted stock units issued as director compensation rather than a discretionary market trade.

When do Jose A. Bayardo’s Louisiana-Pacific RSUs from this filing vest?

The restricted stock units granted to Jose A. Bayardo will vest in full on May 8, 2027. Upon vesting, each RSU converts into one share of Louisiana-Pacific common stock, assuming all conditions of the 2022 Omnibus Stock Award Plan are satisfied through that date.

How many Louisiana-Pacific (LPX) shares does Jose A. Bayardo hold after this transaction?

After the reported grant, Jose A. Bayardo directly holds 9,616 shares of Louisiana-Pacific common stock. This total includes the 1,863 shares acquired through the equity award reported in the Form 4, as shown in the post-transaction ownership figure.

What plan governs the RSU grant in Jose A. Bayardo’s LPX Form 4?

The restricted stock units were granted under the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan. This plan authorizes equity awards to non-employee directors, and the RSUs in this filing represent a contingent right to receive common stock upon vesting.

Do dividend equivalents affect Jose A. Bayardo’s Louisiana-Pacific RSU holdings?

A footnote states that 20 shares are included to reflect dividend equivalents credited on outstanding RSUs since his last Form 4. These dividend equivalents increase the RSU-related share count associated with prior awards, enhancing the value of previously granted restricted stock units.