Louisiana-Pacific CEO reports stock sales under trading plan

Louisiana-Pacific Corporation’s chief executive officer, who is also a director, reported open-market sales of company common stock under a pre-arranged Rule 10b5-1 trading plan.

Rhea-AI Filing Summary

Louisiana-Pacific Corporation’s chief executive officer, who is also a director, reported open-market sales of company common stock under a pre-arranged Rule 10b5-1 trading plan.

On December 15, 2025, the insider sold 42,514 shares at a weighted average price of $86.25. On December 16, 2025, additional sales of 1,217 shares at a weighted average price of $85.33 and 101 shares at a weighted average price of $86.04 were reported.

After these transactions, the insider beneficially owned 558,590 shares of Louisiana-Pacific common stock. The prices reflect weighted averages for multiple trades executed within disclosed price ranges.

Insider Trade Summary

Net Seller: 43,832 shares

Net Sell 3 txns

Insider Southern William Bradley

Role Chief Executive Officer

Sold 43,832 shs ($3.78M)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,217	$85.33	$104K
Sale	Common Stock	101	$86.04	$9K
Sale	Common Stock	42,514	$86.25	$3.67M

Holdings After Transaction: Common Stock — 558,590 shares (Direct)

Footnotes (4)

1. F1. The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2025.
2. F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.77 to $86.71, 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 sold at each separate price within the ranges set forth in footnotes (2), (3) and (4) to this Form 4.
3. F3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.95 inclusive.
4. F4. The price reported in Column 4 is a weighted average price. These shares were sold in two transactions at prices ranging from $86.03 to $86.05 inclusive.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider stock transactions did Louisiana-Pacific (LPX) disclose in this report?

The chief executive officer, who is also a director of Louisiana-Pacific Corporation, reported selling common stock in three open-market transactions on December 15 and 16, 2025.

How many Louisiana-Pacific (LPX) shares were sold in each reported transaction?

The insider sold 42,514 shares on December 15, 2025, then 1,217 shares and 101 shares in two separate transactions on December 16, 2025.

At what prices were the Louisiana-Pacific (LPX) shares sold?

The reported weighted average sale prices were $86.25 for the 42,514 shares, $85.33 for the 1,217 shares, and $86.04 for the 101 shares, each representing averages over multiple trades within stated price ranges.

How many Louisiana-Pacific (LPX) shares does the insider beneficially own after these sales?

Following the reported transactions, the insider beneficially owned 558,590 shares of Louisiana-Pacific common stock.

Were the Louisiana-Pacific (LPX) stock sales made under a Rule 10b5-1 trading plan?

Yes. The disclosure states the sales occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2025, which is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Why are weighted average prices reported for the Louisiana-Pacific (LPX) insider trades?

The prices reported are weighted average prices because the shares were sold in multiple transactions at different prices within specified ranges. The insider has undertaken to provide full details of the individual trade prices and share amounts upon request.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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Accepted by SEC EDGAR 12/17/2025 - 02:04 PM EST Learn about SEC filing dates

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).

X

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^*

Southern William Bradley

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025

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	12/15/2025		S		42,514(1)	D	$86.25(2)	559,908	D
Common Stock	12/16/2025		S		1,217(1)	D	$85.33(3)	558,691	D
Common Stock	12/16/2025		S		101(1)	D	$86.04(4)	558,590	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 reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 27, 2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.77 to $86.71, 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 sold at each separate price within the ranges set forth in footnotes (2), (3) and (4) to this Form 4.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.95 inclusive.

4. The price reported in Column 4 is a weighted average price. These shares were sold in two transactions at prices ranging from $86.03 to $86.05 inclusive.

	/s/Nicole Daniel, Attorney in Fact	12/17/2025
	** 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.