Form 4: Louisiana-Pacific Corp: Officer Daniel Nicole C. Reports Stock Disposal
SEC Form 4 Filing
Nicole Daniel C., SVP, General Counsel, and Corporate Secretary of Louisiana-Pacific Corp, reports disposing of 772 shares of common stock to cover tax obligations.
Summary
- On February 8, 2025, Nicole Daniel C., SVP, General Counsel, and Corporate Secretary of Louisiana-Pacific Corp, disposed of 772 shares of common stock.
- The transaction was executed at a price of $115.22 per share.
- This disposal was likely to cover tax obligations related to vesting of stock awards.
- Following the transaction, Daniel directly owns 37,623 shares of Louisiana-Pacific Corp.
- This amount includes 107 shares reflecting the credit of dividend equivalents on outstanding restricted stock units since the reporting person's last Form 4 filing and 243 shares acquired through Louisiana-Pacific Corporation's 2019 Employee Stock Purchase Plan since the reporting person's last Form 4 filing.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction for tax purposes.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates that an officer disposed of shares, likely to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/08/2025 | Date of stock disposal transaction |
| 02/11/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Stock Disposal, Louisiana-Pacific Corp, LPX, Officer, Daniel Nicole C, Insider Trading
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