Southern William Bradley 4
4 · LOUISIANA-PACIFIC CORP · Filed Feb 4, 2026
Research Summary
AI-generated summary of this filing
Louisiana‑Pacific (LPX) CEO Southern William Bradley Sells Shares
What Happened
Southern William Bradley, CEO of Louisiana‑Pacific Corporation (LPX), disposed of 28,332 shares in a series of open‑market sales on Feb 2–3, 2026, generating roughly $2,477,207 in proceeds. The sales were reported on a Form 4 filed Feb 4, 2026, and were executed automatically under a Rule 10b5‑1 trading plan adopted Aug 27, 2025.
Key Details
- Transaction dates: 2026‑02‑02 (7,080 shares) and 2026‑02‑03 (remaining 21,252 shares across multiple trades).
- Reported per‑line weighted average prices and values:
- 7,080 @ $85.16 = $602,933 (F2: trades at $85.00–$85.51)
- 700 @ $85.89 = $60,123 (F3: $85.255–$86.235)
- 3,406 @ $86.92 = $296,050 (F4: $86.27–$87.265)
- 5,930 @ $87.70 = $520,061 (F5: $87.29–$88.29)
- 9,893 @ $88.80 = $878,498 (F6: $88.30–$89.295)
- 532 @ $89.78 = $47,763 (F7: $89.33–$90.33)
- 726 @ $90.68 = $65,834 (F8: $90.395–$91.17)
- 65 @ $91.46 = $5,945 (F9: $91.41–$91.54)
- Aggregate: 28,332 shares sold for ≈ $2,477,207; prices across trades ranged roughly $85.00–$91.54.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
- Notable footnote: F1 confirms these sales were automatic under a 10b5‑1 plan (adopted Aug 27, 2025). Several footnotes (F2–F9) note reported prices are weighted averages covering price ranges; the filer will provide trade‑by‑trade breakdown on request.
- Filing timeliness: Form 4 filed Feb 4, 2026; no late‑filing flag reported.
Context
These were scheduled sales under a prearranged 10b5‑1 plan, which typically indicate automatic disposition rather than ad‑hoc insider selling based on current company developments. For retail investors, purchases often carry more signal value than routine plan‑based sales; this filing documents disposition of shares and does not, by itself, indicate a change in CEO conviction about the company.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-02$85.16/sh−7,080$602,933→ 482,135 total - Sale
Common Stock
[F1][F3]2026-02-03$85.89/sh−700$60,123→ 481,435 total - Sale
Common Stock
[F1][F4]2026-02-03$86.92/sh−3,406$296,050→ 478,029 total - Sale
Common Stock
[F1][F5]2026-02-03$87.70/sh−5,930$520,061→ 472,099 total - Sale
Common Stock
[F1][F6]2026-02-03$88.80/sh−9,893$878,498→ 462,206 total - Sale
Common Stock
[F1][F7]2026-02-03$89.78/sh−532$47,763→ 461,674 total - Sale
Common Stock
[F1][F8]2026-02-03$90.68/sh−726$65,834→ 460,948 total - Sale
Common Stock
[F1][F9]2026-02-03$91.46/sh−65$5,945→ 460,883 total
Footnotes (9)
- [F1]The reported sale of shares occurred automatically pursuant to a Rule 10b5 -1 trading plan adopted by the reporting person on August 27, 2025.
- [F2]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.51, inclusive. The reporting person undertakes to provide to Louisiana-Pacific Corporation, any security holder of Louisiana-Pacific Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (2), (3), (4), (5), (6), (7), (8) and (9) to this Form 4.
- [F3]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.255 to $86.235, inclusive.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $86.27 to $87.265, inclusive.
- [F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $87.29 to $88.29, inclusive
- [F6]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.30 to $89.295, inclusive.
- [F7]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.33 to $90.33, inclusive.
- [F8]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.395 to $91.17, inclusive.
- [F9]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $91.41 to $91.54, inclusive.