Form 4: Louisiana-Pacific Corp: Officer Davis Sells Shares to Cover Tax Obligations

Leslie E. Davis, VP, Controller & CAO of Louisiana-Pacific Corp, disposed of 47 shares of common stock to cover tax obligations arising from equity awards.

Summary

• On February 8, 2025, Leslie E. Davis, VP, Controller & CAO of Louisiana-Pacific Corp, disposed of 47 shares of common stock.
• The transaction was executed at a price of $115.22 per share.
• Following the transaction, Davis directly owns 1,236 shares of Louisiana-Pacific Corp.
• This includes 151 shares acquired through Louisiana-Pacific Corporation's 2019 Employee Stock Purchase Plan since the reporting person's Form 3 filing.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reflects a routine transaction for tax purposes and doesn't indicate a significant change in the insider's holdings or confidence in the company.

Industry Context

Form 4 filings are a routine part of corporate governance, 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 transaction is unlikely to have a significant impact on stakeholders as it involves a small number of shares and is related to tax obligations.

Key Dates

Keywords

Form 4, insider trading, stock disposal, Louisiana-Pacific Corp, LPX, Leslie E. Davis, VP, Controller & CAO, tax obligations, employee stock purchase plan