Form 4: Louisiana-Pacific Corp CEO Reports Stock Transaction
SEC Form 4 Filing
Louisiana-Pacific Corp's CEO, William Bradley Southern, reported a disposition of 2,832 common stock shares on November 12, 2024, as part of a gift transaction.
Summary
- William Bradley Southern, the CEO of Louisiana-Pacific Corp, filed a Form 4 indicating a change in his beneficial ownership of company stock.
- On November 12, 2024, Mr. Southern disposed of 2,832 shares of common stock through a gift transaction.
- The transaction was reported as a disposition (D) with a price of $0 per share.
- Following the transaction, Mr. Southern beneficially owns 594,222 shares of Louisiana-Pacific Corp common stock.
- This total includes 169 shares credited as dividend equivalents on outstanding restricted stock units since his last Form 4 filing.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing and does not indicate any positive or negative sentiment. It is a neutral report of a stock transaction.
Industry Context
This is a routine filing related to changes in beneficial ownership by a company executive, which is common in the corporate world. It does not indicate any specific trend or event in the broader industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for corporate insiders and are required by the SEC.
- The transaction is a gift, which is not unusual for executive stock holdings.
- The number of shares disposed of is relatively small compared to the total shares owned by the CEO.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine filing related to executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| 11/12/2024 | Date of the stock transaction (disposition of shares). |
| 11/14/2024 | Date the Form 4 was signed. |
Keywords
Form 4, Beneficial Ownership, Stock Transaction, Louisiana-Pacific Corp, CEO, William Bradley Southern, Equity Securities, Dividend Equivalents
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