Form 4: Louisiana-Pacific Corp Director Ribieras Receives Stock Units
SEC Form 4 Filing
Director Jean-Michel Ribieras acquired 1,499 restricted stock units in Louisiana-Pacific Corp, according to a recent SEC filing.
Summary
- On May 15, 2025, Jean-Michel Ribieras, a director of Louisiana-Pacific Corp, acquired 1,499 restricted stock units (RSUs).
- These RSUs were granted under the company's 2022 Omnibus Stock Award Plan and will vest in full on May 15, 2026.
- Each RSU represents the contingent right to receive one share of Louisiana-Pacific Corp's common stock.
- Following the transaction, Ribieras beneficially owns 1,810 shares of common stock, which includes a credit of dividend equivalents on outstanding RSUs.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to stock grants, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The grant of stock units aligns the director's interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 2025-05-07 | Date of Power of Attorney execution by Jean-Michel Ribieras. |
| 2025-05-15 | Date of transaction: Jean-Michel Ribieras acquired restricted stock units. |
| 2025-05-19 | Date of signature for the Form 4 filing. |
| 2026-05-15 | Vesting date for the restricted stock units. |
Keywords
Form 4, SEC Filing, Director, Stock Units, LPX, Louisiana-Pacific Corp, Ribieras
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