Form 4: Louisiana-Pacific Corp Director Sells 300 Shares

Sentiment:

SEC Form 4 Filing


Ozey K Horton Jr., a director at Louisiana-Pacific Corp, sold 300 shares of common stock at $113.41 per share on November 12, 2024.

Summary

  • Ozey K Horton Jr., a director of Louisiana-Pacific Corp, sold 300 shares of the company's common stock on November 12, 2024.
  • The sale was executed at a price of $113.41 per share.
  • Following the transaction, Horton directly owns 28,638 shares of Louisiana-Pacific Corp.
  • This total includes 4 shares from dividend equivalents on restricted stock units and 9,215 deferred stock units, including 25 shares from dividend equivalents on outstanding DSUs.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing for an insider stock sale, which is neither positive nor negative in itself.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the US.
  • The sale of 300 shares by a director is a relatively small transaction and is not unusual.
  • Similar filings are made by directors and officers of other companies such as West Fraser Timber Co. Ltd. and Weyerhaeuser Company.

Stakeholder Impact

  • The sale of 300 shares by a director is unlikely to have a significant impact on shareholders.

Key Dates

DateDescription
11/12/2024Date of the stock sale transaction.
11/14/2024Date the Form 4 was signed.

Keywords

stock sale, insider trading, director, Louisiana-Pacific Corp, LPX, common stock, Form 4

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