Director buys 20,000 Louisiana-Pacific (LPX) shares in open market

Rhea-AI Filing Summary

Louisiana-Pacific Corporation director F. Nicholas Grasberger III reported an open-market purchase of 20,000 shares of common stock. The trade took place on February 19, 2026 at a weighted average price of $85.49 per share, with individual prices ranging from $85.28 to $85.52.

Following this transaction, his reported holdings total 38,954 shares and deferred stock units, which include 51 shares credited as dividend equivalents and 3,842 deferred stock units that also reflect additional dividend-equivalent credits.

Insider Trade Summary

Net Buyer: 20,000 shares ($1,709,800)

Net Buy 1 txn

Insider GRASBERGER F NICHOLAS III

Role Director

Bought 20,000 shs ($1.71M)

Type	Security	Shares	Price	Value
Purchase	Common Stock	20,000	$85.49	$1.71M

Holdings After Transaction: Common Stock — 38,954 shares (Direct)

Footnotes (1)

1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $85.28 to $85.52, inclusive. The reporting person undertakes to provide to Louisiana-Pacific Corporation, any security holder of Louisiana-Pacific Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote. Includes 51 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 reflects 3,842 DSUs held by the reporting person (including additional DSUs credited as dividend equivalents).

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^*

GRASBERGER F NICHOLAS III

(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)
02/19/2026

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	02/19/2026		P		20,000	A	$85.49(1)	38,954(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. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $85.28 to $85.52, inclusive. The reporting person undertakes to provide to Louisiana-Pacific Corporation, any security holder of Louisiana-Pacific Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

2. Includes 51 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 reflects 3,842 DSUs held by the reporting person (including additional DSUs credited as dividend equivalents).

	/s/Nicole Daniel, Atttorney in Fact for F. Nicholas Grasberger	02/23/2026
	** 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.

FAQ

How many Louisiana-Pacific (LPX) shares did director F. Nicholas Grasberger III buy?

Director F. Nicholas Grasberger III bought 20,000 shares of Louisiana-Pacific common stock. The shares were acquired in an open-market purchase at a weighted average price of $85.49 per share, based on multiple trades within a narrow price range.

What price did F. Nicholas Grasberger III pay per share for Louisiana-Pacific (LPX)?

He paid a weighted average price of $85.49 per share for the 20,000 Louisiana-Pacific shares. According to the disclosure, the individual trade prices ranged from $85.28 to $85.52 per share, with all purchases completed on the same transaction date.

When did the reported Louisiana-Pacific (LPX) insider share purchase occur?

The reported insider share purchase occurred on February 19, 2026. On that date, director F. Nicholas Grasberger III completed open-market transactions to buy 20,000 Louisiana-Pacific common shares within a narrow price band slightly above $85 per share.

How many Louisiana-Pacific (LPX) shares and units does F. Nicholas Grasberger III hold after the trade?

After the trade, his reported holdings total 38,954 shares and deferred stock units. This amount includes 51 shares credited as dividend equivalents and 3,842 deferred stock units, which also incorporate additional units credited from dividend equivalents.

What do the dividend equivalent credits mean in the Louisiana-Pacific (LPX) Form 4 filing?

Dividend equivalent credits represent additional shares or units granted to match dividends on underlying awards. The filing notes 51 shares credited as dividend equivalents and a total of 3,842 deferred stock units, including extra units credited as dividend equivalents since the prior Form 4.