Louisiana-Pacific (LPX) director granted 1,863 stock units in new award
Rhea-AI Filing Summary
Louisiana-Pacific Corp director Ty R. Silberhorn received a stock-based compensation award. On May 8, 2026, he was granted 1,863 shares of common stock at no cash cost, increasing his directly held shares to 3,698. The award is structured as restricted stock units under the company’s 2022 Omnibus Stock Award Plan.
The RSUs will vest in full on May 8, 2027. Each RSU converts into one share of common stock, but Silberhorn has elected to defer settlement into deferred stock units under the non-employee directors compensation plan, to be delivered after his board service ends or upon a change of control. The filing also notes 25 additional shares credited as dividend equivalents, and a total of 316 deferred stock units currently credited to him.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,863 | $0.00 | -- |
Footnotes (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. The reporting person has elected to defer the receipt of common stock upon the vesting of the RSUs, and upon vesting of the RSUs, will receive deferred stock units ("DSUs") under the Amended and Restated Louisiana-Pacific Corporation Non-Employee Directors Compensation Plan. Each DSU entitles the reporting person to receive one share of common stock upon the earliest of (i) the reporting person's separation of service as a director or (ii) a change of control of the issuer. Includes 25 shares reflecting the credit of dividend equivalents on outstanding RSUs and DSUs since the reporting person's last Form 4 filing. Total reflects 316 DSUs held by the reporting person (including additional DSUs credited as dividend equivalents).