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Louisiana-Pacific (NYSE: LPX) VP granted RSUs and PSU payout shares

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(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Louisiana-Pacific Corporation executive Leslie E. Davis, VP, Controller & CAO, reported equity awards and related tax-share withholdings. On 02/12/2026, Davis acquired 1,385 shares of common stock in the form of restricted stock units under the 2022 Omnibus Stock Award Plan, which vest in three equal annual installments starting one year from the grant date. On the same date, Davis acquired 419 shares from the payout of 2023 performance stock units at 88% of the target award, including dividend equivalent shares. Also on 02/12/2026 and 02/13/2026, a total of 239 shares were disposed of through tax-withholding dispositions at prices of $93.89 and $93.62 per share. After these transactions, Davis directly beneficially owned 4,066 shares of Louisiana-Pacific common stock.

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Insider Davis Leslie E
Role VP, Controller & CAO
Type Security Shares Price Value
Tax Withholding Common Stock 115 $93.62 $11K
Grant/Award Common Stock 1,385 $0.00 --
Grant/Award Common Stock 419 $0.00 --
Tax Withholding Common Stock 124 $93.89 $12K
Holdings After Transaction: Common Stock — 4,066 shares (Direct)
Footnotes (1)
  1. Consists of restricted stock units ("RSUs") granted pursuant to the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date. Reflects payout of 2023 performance stock units ("PSUs") at 88% of target award amount and includes shares credited as dividend equivalents on such PSUs.
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*
Davis Leslie E

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP, Controller & CAO
3. Date of Earliest Transaction (Month/Day/Year)
02/12/2026
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 02/12/2026 A 1,385(1) A $0 3,885 D
Common Stock 02/12/2026 A 419(2) A $0 4,304 D
Common Stock 02/12/2026 F 124 D $93.89 4,181 D
Common Stock 02/13/2026 F 115 D $93.62 4,066 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. Consists of restricted stock units ("RSUs") granted pursuant to the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
2. Reflects payout of 2023 performance stock units ("PSUs") at 88% of target award amount and includes shares credited as dividend equivalents on such PSUs.
/s/Nicole Daniel, Attorney in Fact for Leslie Davis 02/17/2026
** 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

What insider transactions did LPX executive Leslie E. Davis report?

Leslie E. Davis reported equity awards and tax-related share withholdings. She received 1,385 restricted stock units and 419 shares from performance stock unit payout, and had 239 shares withheld at around $93 per share to cover tax obligations.

How many Louisiana-Pacific (LPX) shares does Leslie E. Davis now own?

After the reported transactions, Leslie E. Davis directly owns 4,066 shares of Louisiana-Pacific common stock. This balance reflects new restricted and performance-based awards, offset by shares withheld to satisfy tax liabilities on those equity grants.

What stock awards did LPX grant to executive Leslie E. Davis?

Davis received 1,385 restricted stock units under the 2022 Omnibus Stock Award Plan and 419 shares from 2023 performance stock units. The restricted units vest in three equal annual installments beginning on the first anniversary of the grant date.

How were the 2023 performance stock units for LPX paid out to Leslie E. Davis?

The 2023 performance stock units paid out at 88% of the target award for Leslie E. Davis. The 419 shares she received also include shares credited as dividend equivalents on those performance stock units, increasing the total delivered share amount.

Were Leslie E. Davis’s LPX share disposals open-market sales?

No, the disposals were coded as “F,” indicating tax-withholding dispositions. A total of 239 shares were delivered at prices of $93.89 and $93.62 per share to satisfy exercise price or tax liabilities tied to her equity awards.

Over what period will Leslie E. Davis’s new LPX restricted stock units vest?

The 1,385 restricted stock units granted to Leslie E. Davis vest over three years. They are scheduled to vest in three equal annual installments, beginning on the first anniversary of the February 12, 2026 grant date under the 2022 plan.