Louisiana-Pacific (NYSE: LPX) director sells shares and transfers stock in divorce

Rhea-AI Filing Summary

Louisiana-Pacific Corporation director Lizanne M. Bruce reported a combination of restructuring and sale transactions involving the company’s common stock. She completed an open-market sale of 1,141 shares at a price of $78.21 per share. In a separate transaction coded as an “other acquisition or disposition,” 378 shares were transferred to her ex-spouse under a divorce decree, and those securities are noted as not being beneficially owned by her. The filing also notes that her current holdings include 7 additional shares credited as dividend equivalents on outstanding restricted stock units since her prior Form 4.

Insider Trade Summary

Net Seller: 1,141 shares ($89,238)

Net Sell 2 txns

Insider Bruce Lizanne M

Role null

Sold 1,141 shs ($89K)

Type	Security	Shares	Price	Value
Sale	Common Stock	1,141	$78.21	$89K
Other	Common Stock	378	$0.00	--

Holdings After Transaction: Common Stock — 17,895 shares (Direct, null)

Footnotes (1)

1. Includes 7 shares representing the credit of dividend equivalents on outstanding restricted stock units since the reporting person's last Form 4 filing. Represents shares transferred to the reporting person's ex-spouse pursuant to a divorce decree. The securities owned by the ex-spouse are not beneficially owned by the reporting person.

Key Figures

Shares sold: 1,141 shares Sale price: $78.21 per share Shares transferred to ex-spouse: 378 shares +2 more

5 metrics

Shares sold 1,141 shares Open-market sale of common stock

Sale price $78.21 per share Price for 1,141-share sale

Shares transferred to ex-spouse 378 shares Transfer pursuant to divorce decree

Dividend-equivalent shares 7 shares Credited on outstanding restricted stock units

Net shares sold 1,141 shares Net buy/sell direction reported as net-sell

Key Terms

open-market sale, restricted stock units, dividend equivalents, beneficially owned, +1 more

5 terms

open-market sale financial

"Sale in open market or private transaction"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

restricted stock units financial

"credit of dividend equivalents on outstanding restricted stock units"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

dividend equivalents financial

"Includes 7 shares representing the credit of dividend equivalents"

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.

beneficially owned financial

"The securities owned by the ex-spouse are not beneficially owned"

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

divorce decree other

"Represents shares transferred to the reporting person's ex-spouse pursuant to a divorce decree"

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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^*

Bruce Lizanne M

(Last) (First) (Middle)

1610 WEST END AVENUE

SUITE 200

(Street)

NASHVILLE TENNESSEE 37203

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/15/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	06/15/2026		S		1,141	D	$78.21	17,895(1)	D
Common Stock	06/15/2026		J(2)		378	D	$0	17,517	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. Includes 7 shares representing the credit of dividend equivalents on outstanding restricted stock units since the reporting person's last Form 4 filing.

2. Represents shares transferred to the reporting person's ex-spouse pursuant to a divorce decree. The securities owned by the ex-spouse are not beneficially owned by the reporting person.

	/s/Nicole Daniel, Attorney in Fact for Lizanne M. Bruce	06/16/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transactions did LPX director Lizanne M. Bruce report on this Form 4?

Lizanne M. Bruce reported two transactions in Louisiana-Pacific common stock: an open-market sale of 1,141 shares at $78.21 per share and a separate disposition of 378 shares transferred to her ex-spouse pursuant to a divorce decree.

At what price did the Louisiana-Pacific (LPX) director sell her shares?

The director’s open-market sale was executed at $78.21 per share. This price applies to the 1,141 common shares sold in the transaction reported on the Form 4 and reflects a standard sale in the open market or private transaction.

What is the 378-share transaction disclosed by the LPX director?

The 378 shares reflect stock transferred to the director’s ex-spouse under a divorce decree. The filing specifies that securities owned by the ex-spouse are not beneficially owned by the director, clarifying her economic interest after the transfer.

Does the LPX director still benefit from shares held by her ex-spouse?

No. The Form 4 explains that shares transferred to the ex-spouse under the divorce decree are not beneficially owned by the director. This means she no longer has economic ownership or control over those 378 transferred shares.

What do the 7 additional LPX shares mentioned in the Form 4 represent?

The Form 4 notes that current holdings include 7 shares representing dividend equivalents credited on outstanding restricted stock units. These arise when cash dividends are mirrored as additional share-based credits tied to the director’s existing restricted stock unit awards.