Form 4: Director Ozey K. Horton Jr. Reports Gift of Louisiana-Pacific Corp Shares
SEC Form 4 Filing
Director Ozey K. Horton Jr. reported a gift of 200 common stock shares of Louisiana-Pacific Corp on March 4, 2024, leaving him with 29,157 shares.
Summary
- On March 4, 2024, Ozey K. Horton Jr., a director of Louisiana-Pacific Corp (LPX), reported a transaction involving the company's common stock.
- The transaction involved a gift of 200 shares.
- Following the transaction, Horton directly owns 29,157 shares of Louisiana-Pacific Corp.
- A Power of Attorney was granted to Nicole Daniel, Robert Swanton, and Greg Grissom on February 8, 2024, allowing them to act on Horton's behalf for SEC filings.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, and the transaction itself (a gift) doesn't inherently indicate positive or negative sentiment regarding the company's performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This specific filing indicates a gift of shares by a director, which is a common occurrence.
Stakeholder Impact
- The transaction has a negligible impact on shareholders, as it involves a small number of shares relative to the company's total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 2024-02-08 | Date of Power of Attorney granted to Nicole Daniel, Robert Swanton, and Greg Grissom. |
| 2024-03-04 | Date of transaction: Gift of 200 shares of Louisiana-Pacific Corp common stock. |
| 2024-03-05 | Date of signature for the report. |
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