Louisiana-Pacific (LPX) SVP files Form 4 for RSU tax withholding and ESPP shares
Rhea-AI Filing Summary
Louisiana-Pacific Corporation reported an insider equity transaction involving its SVP and Chief Commercial Officer. On 12/05/2025, 44 shares of common stock were disposed of at $82.06 per share, identified as a Form 4 transaction code "F," which indicates shares withheld to cover taxes. These shares represent common stock underlying unvested restricted stock units that were withheld by the company to satisfy the executive's tax withholding obligations after meeting retirement criteria under related award agreements.
Following this transaction, the executive beneficially owned 4,451 shares of common stock in direct ownership form. This total includes 29 shares credited as dividend equivalents on outstanding RSUs since the last filing, and 258 shares acquired through Louisiana-Pacific's 2019 Employee Stock Purchase Plan, which had been inadvertently omitted from the executive's earlier Form 3 filed on April 28, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 44 | $82.06 | $4K |
Footnotes (1)
- Represents shares of common stock underlying unvested restricted stock units ("RSUs") withheld by Louisiana-Pacific Corporation to satisfy the reporting person's tax withholding obligations due to the reporting person meeting retirement criteria under the related award agreements. agreements. Includes 29 shares reflecting the credit of dividend equivalents on outstanding RSUs since the reporting person's last Form 4 filing. Also includes 258 shares acquired through Louisiana-Pacific Corporation's 2019 Employee Stock Purchase Plan (the "ESPP"). The reporting person's Form 3 filed on April 28, 2025 inadvertently omitted his shares acquired through the ESPP.