SCHEDULE 13G: FMR LLC and Abigail P. Johnson Disclose 5.3% Passive Stake in Louisiana Pacific Corp

FMR LLC and its affiliates, along with Abigail P. Johnson, have filed a Schedule 13G disclosing a passive beneficial ownership of 5.3% in Louisiana Pacific Corp's common stock as of December 31, 2024.

Summary

• FMR LLC, a Delaware-organized parent holding company, and Abigail P. Johnson, a U.S. citizen, have jointly filed a Schedule 13G.
• The filing reports beneficial ownership of 3,708,648.71 shares of Louisiana Pacific Corp's common stock.
• This aggregate amount represents 5.3% of the total outstanding common stock of Louisiana Pacific Corp.
• FMR LLC holds sole voting power over 3,701,346.71 shares and sole dispositive power over 3,708,648.71 shares.
• Abigail P. Johnson holds sole dispositive power over 3,708,648.71 shares, with no sole or shared voting power directly attributed.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of Louisiana Pacific Corp.
• The filing indicates that one or more other persons have the right to receive dividends or proceeds from the sale of these securities, but no single other person's interest exceeds five percent of the total outstanding common stock.
• FMR LLC's subsidiaries, including FIAM LLC, Fidelity Institutional Asset Management Trust Company, Fidelity Management & Research Company LLC, Fidelity Management Trust Company, and Strategic Advisers LLC, are identified as relevant entities beneficially owning shares.

Sentiment

Score: 5

Explanation: The document is a factual disclosure of beneficial ownership, providing no positive or negative sentiment regarding the issuer's performance or outlook. It is a neutral, compliance-driven filing.

Future Outlook

This Schedule 13G filing is a disclosure of passive beneficial ownership and does not contain forward-looking statements or guidance regarding Louisiana Pacific Corp's future performance or strategic direction.

Management Comments

• The certification states that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

This filing is a routine disclosure by a significant institutional investor, FMR LLC (Fidelity), indicating a passive stake in Louisiana Pacific Corp. Schedule 13G filings are typically made by institutional investors who hold more than 5% of a company's stock but do not intend to influence or control the company's management or policies. This is a common practice for large asset managers and mutual funds.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional ownership stake, confirming a passive investment approach by FMR LLC and Abigail P. Johnson.

Key Dates

Keywords

Schedule 13G, FMR LLC, Abigail P. Johnson, Louisiana Pacific Corp, Common Stock, Beneficial Ownership, Passive Investment, SEC Filing, Institutional Investor