Form 4: Louisiana-Pacific Corp Executive Sells Shares

Michael W. Blosser, SVP of Manufacturing Services at Louisiana-Pacific Corp, sold 3,661 shares of common stock at a price of $91.54 on May 15, 2024.

Summary

• On May 15, 2024, Michael W. Blosser, the SVP of Manufacturing Services at Louisiana-Pacific Corp, sold 3,661 shares of the company's common stock.
• The sale price was $91.54 per share.
• Following the transaction, Blosser directly owns 54,898 shares of common stock.
• Blosser also indirectly owns 687 shares through a 401(k).

Sentiment

Score: 5

Explanation: This is a neutral event. An executive selling shares doesn't necessarily indicate a positive or negative outlook for the company, but it's important to consider the size of the sale relative to their total holdings.

Industry Context

Form 4 filings are a routine part of the stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The stock sale could have a minor impact on shareholder sentiment, depending on how the market interprets the transaction.

Key Dates