Louisiana-Pacific (NYSE: LPX) director receives 1,863 RSUs in new stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ribieras JeanMichel reported acquisition or exercise transactions in this Form 4 filing.
Louisiana-Pacific Corporation director Jean-Michel Ribieras received an equity award rather than buying shares on the market. He was granted 1,863 restricted stock units (RSUs) of common stock on May 8, 2026 at no cash cost, increasing his direct holdings to 3,697 shares. These RSUs, granted under the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan, will vest in full on May 8, 2027. The position also includes 23 shares credited as dividend equivalents on outstanding RSUs since his prior Form 4 filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ribieras JeanMichel
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,863 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 3,697 shares (Direct, null)
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. Includes 23 shares reflecting the credit of dividend equivalents on outstanding RSUs since the reporting person's last Form 4 filing.
Key Figures
RSUs granted: 1,863 shares
Holdings after transaction: 3,697 shares
Grant price: $0.00 per share
+2 more
5 metrics
RSUs granted
1,863 shares
Restricted stock units granted on May 8, 2026
Holdings after transaction
3,697 shares
Total common stock beneficially owned directly after award
Grant price
$0.00 per share
Non-cash equity award to director
Vesting date
May 8, 2027
Full vesting date for RSUs granted to non-employee director
Dividend equivalent shares
23 shares
Credits on outstanding RSUs since prior Form 4
Key Terms
restricted stock units ("RSUs"), dividend equivalents, 2022 Omnibus Stock Award Plan
3 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.
dividend equivalents financial
"Includes 23 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.
2022 Omnibus Stock Award Plan financial
"granted to non-employee directors pursuant to the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan will vest in full on May 8, 2027."
FAQ
What did Louisiana-Pacific (LPX) director Jean-Michel Ribieras report on this Form 4?
Jean-Michel Ribieras reported receiving 1,863 restricted stock units (RSUs) of Louisiana-Pacific common stock as a grant. This non-cash award is part of director compensation and increased his direct holdings to 3,697 shares following the transaction.
When do Jean-Michel Ribieras’ newly granted LPX RSUs vest?
The RSUs granted to Jean-Michel Ribieras will vest in full on May 8, 2027. Until vesting, they represent a contingent right to receive one share of Louisiana-Pacific common stock for each RSU granted under the company’s 2022 Omnibus Stock Award Plan.
What are the dividend equivalents mentioned in Jean-Michel Ribieras’ LPX Form 4?
Dividend equivalents are additional share credits that mirror dividends paid on common stock. Ribieras’ holdings include 23 shares reflecting dividend equivalents credited on his outstanding restricted stock units since his last Form 4, increasing his total reported share count.
Does this LPX Form 4 indicate any stock sales by Jean-Michel Ribieras?
This Form 4 does not report any stock sales. It shows a single acquisition transaction coded as a grant or award of 1,863 restricted stock units, with no sell transactions or dispositions disclosed in the reported activity.