Form 4: Louisiana-Pacific Corp Director Ozey K. Horton, Jr. Reports Acquisition of Common Stock

Director Ozey K. Horton, Jr. reports acquisition of 1,499 shares of Louisiana-Pacific Corp common stock and grants power of attorney.

Summary

• On May 15, 2025, Ozey K. Horton, Jr., a director of Louisiana-Pacific Corp, acquired 1,499 shares of common stock.
• These shares were acquired through restricted stock units (RSUs) granted under the company's 2022 Omnibus Stock Award Plan.
• The RSUs will vest in full on May 15, 2026, and each RSU represents a contingent right to receive one share of the issuer's common stock.
• Following the transaction, Horton directly owns 30,195 shares of Louisiana-Pacific Corp.
• This total includes 57 shares reflecting the credit of dividend equivalents on outstanding RSUs and deferred stock units (DSUs) since the last Form 4 filing.
• The total also reflects 9,264 DSUs held by the reporting person, including additional DSUs credited as dividend equivalents.
• Horton also granted a Power of Attorney to Nicole Daniel, Robert Swanton, and Gregory Grissom to handle SEC filings and related matters.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition by a director. The acquisition itself can be seen as mildly positive, but the document is primarily informational.

Positives

• The acquisition of shares by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Future Outlook

The RSUs will vest in full on May 15, 2026, representing a future increase in Horton's holdings.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.

Key Dates

Keywords

Form 4, Louisiana-Pacific Corp, Director, Stock Acquisition, Ozey K. Horton Jr., RSU, DSU, Power of Attorney, SEC Filing