Louisiana‑Pacific insider reports 40,182 shares after 1,000-share transfer

Rhea-AI Filing Summary

Nicole C. Daniel, SVP and General Counsel of Louisiana-Pacific Corporation, reported a change in her common stock holdings. The Form 4 shows a Code G transaction on 08/13/2025 involving 1,000 shares of common stock at a recorded price of $0, leaving her with 40,182 shares held directly. The filing also notes the credit of 59 dividend-equivalent shares on outstanding restricted stock units and 111 shares acquired under the company's 2019 Employee Stock Purchase Plan since the last Form 4.

No derivative positions are reported in this filing and the disclosure updates the officer's direct beneficial ownership in the issuer.

Positive

• Updated insider disclosure of common stock holdings and transaction details for the reporting officer, improving transparency.

Negative

• Disposition of 1,000 shares (Code G) reduced the officer's direct beneficial ownership to 40,182 shares.

Insights

Securities Analyst

TL;DR: The filing records a Code G disposition of 1,000 LPX shares, leaving direct ownership at 40,182; limited market impact.

The Form 4 documents a non-derivative transaction coded "G" for 1,000 common shares at a reported price of $0, with resulting direct beneficial ownership of 40,182 shares. The filing also discloses incremental share credits: 59 from dividend equivalents and 111 from the 2019 ESPP since the prior Form 4. There are no derivative securities reported. Given the size and nature of the change in absolute terms, this disclosure is unlikely to drive material valuation changes for the issuer.

Corporate Governance Expert

TL;DR: Officer transparency is maintained with a Form 4 update showing a 1,000-share disposition and current holdings of 40,182 shares.

The reporting provides a clear update to insider holdings: a Code G transaction reduced direct holdings by 1,000 shares to 40,182, and the explanation itemizes 59 shares credited as dividend equivalents and 111 shares acquired via the ESPP since the last filing. From a governance and disclosure perspective, the Form 4 fulfills insider reporting obligations by updating ownership levels and clarifying sources of incremental shares; there are no derivative instruments disclosed that would complicate ownership analysis.

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
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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^*

Daniel Nicole C

(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)
	SVP, General Counsel, Corp Sec

3. Date of Earliest Transaction (Month/Day/Year)
08/13/2025

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	08/13/2025		G		1,000	D	$0	40,182(1)	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 59 shares reflecting the credit of dividend equivalents on outstanding restricted stock units since the reporting person's last Form 4 filing and 111 shares acquired through Louisiana-Pacific Corporation's 2019 Employee Stock Purchase Plan since the reporting person's last Form 4 filing.

	/s/Nicole Daniel	08/13/2025
	** 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.

FAQ

What transaction did Louisiana-Pacific (LPX) report on this Form 4?

The Form 4 reports a Code G transaction involving 1,000 shares of common stock at a recorded price of $0 on 08/13/2025.

Who is the reporting person and what is their role at LPX?

The reporting person is Nicole C. Daniel, identified as SVP, General Counsel, Corporate Secretary.

How many LPX shares does the reporting person beneficially own after the transaction?

After the reported transaction the reporting person beneficially owns 40,182 shares in a direct capacity.

Does the Form 4 show any derivative securities or option transactions?

No. Table II for derivative securities is blank and no derivative holdings or option transactions are reported in this filing.

What explains the change in share count since the prior Form 4?

The filing explains 59 shares were credited as dividend equivalents on outstanding restricted stock units and 111 shares were acquired through the company's 2019 Employee Stock Purchase Plan since the last Form 4.