Form 4: LPX Director Buys 20,000 Shares Under 10b5-1 Plan

Louisiana-Pacific Corp. Director F. Nicholas Grasberger III acquired 20,000 shares of common stock at a weighted average price of $85.49 through a pre-arranged trading plan.

Summary

• F. Nicholas Grasberger III, a Director of Louisiana-Pacific Corp. (LPX), purchased 20,000 shares of common stock.
• The transaction occurred on February 19, 2026, at a weighted average price of $85.49 per share.
• The purchase price ranged from $85.28 to $85.52 per share.
• Following this transaction, Mr. Grasberger beneficially owns 38,954 shares of common stock.
• The total beneficial ownership includes 51 shares credited as dividend equivalents on outstanding restricted stock units and deferred stock units (DSUs) since the last Form 4 filing.
• Mr. Grasberger's holdings also include 3,842 DSUs, which incorporate additional DSUs credited as dividend equivalents.
• The transaction was made pursuant to a contract, instruction, or written plan for the purchase of equity securities intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive signal, as a director's purchase of a substantial number of shares, even under a pre-arranged 10b5-1 plan, typically reflects confidence in the company's long-term prospects.

Positives

• A Director's purchase of 20,000 shares signals confidence in the company's future performance and valuation.
• The transaction was executed at a weighted average price of $85.49, indicating a significant investment by an insider.

Future Outlook

The filing does not contain explicit forward-looking statements or guidance beyond the scheduled transaction date.

Industry Context

StockSavvy.ai notes that insider buying, particularly by a director, can be interpreted as a positive signal of management's belief in the company's valuation and future prospects within the building products and materials industry. The use of a 10b5-1 plan indicates a pre-planned, systematic approach to stock acquisition.

Stakeholder Impact

• Shareholders may view this insider purchase as a positive indicator of management's belief in the company's value, potentially boosting investor confidence.

Key Dates

Recommendation

The director's purchase of a substantial block of shares, even under a pre-arranged plan, suggests strong insider confidence in Louisiana-Pacific Corp.'s future performance and valuation. This positive signal from a key insider warrants a 'buy' recommendation, as it implies management believes the stock is undervalued or has significant upside potential.

Keywords

Louisiana-Pacific Corp, LPX, Insider Trading, Form 4, Director Purchase, Stock Acquisition, 10b5-1 Plan, Equity Securities