Form 4: Louisiana-Pacific Corp Director Gottung Transfers Shares to Ex-Spouse Following Divorce
SEC Form 4 Filing
Director Lizanne C Gottung reports a transfer of 489 common stock shares of Louisiana-Pacific Corp to her ex-spouse due to a divorce decree.
Summary
- On June 10, 2024, Lizanne C Gottung, a director of Louisiana-Pacific Corp (LPX), reported a transaction on SEC Form 4.
- The transaction involved the transfer of 489 shares of common stock to her ex-spouse as part of a divorce decree.
- Following the transaction, Gottung directly owns 27,092 shares of Louisiana-Pacific Corp, which includes 4 shares credited as dividend equivalents on outstanding restricted stock units.
- The shares transferred to the ex-spouse are no longer beneficially owned by Gottung.
Sentiment
Score: 5
Explanation: The document is a routine legal disclosure related to a personal matter of a company director, with neutral implications for the company's financial health or prospects.
Industry Context
This filing reflects a personal legal matter for a company director and doesn't directly indicate trends or competitive positioning within the building materials industry.
Key Dates
| Date | Description |
|---|---|
| 06/10/2024 | Date of the share transfer transaction. |
| 06/11/2024 | Date of signature for the Form 4 filing. |
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