Southern William Bradley 4

What Happened
William (Bradley) Southern, CEO of Louisiana‑Pacific Corporation (LPX), had 3,968 shares disposed/withheld to satisfy a tax or exercise obligation on Feb 8, 2026. The shares were recorded at $96.97 each, for a total value of approximately $384,777. This is a withholding/tax payment (not an open‑market sale) and is generally a routine administrative transaction following an option exercise or award vesting.

Key Details

• Transaction date: 2026-02-08; filing date: 2026-02-10 (Form 4 accession 0001193125-26-045154).
• Price per share: $96.97; total value: ~$384,777.
• Transaction type/code: F — payment of exercise price or tax liability via withholding/delivery of shares.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote: F1 — "Total corrects a clerical error in the reporting person's previous Form 4 filings."
• Filing appearance: filed two days after the transaction date (no late-filing flag provided in the excerpt).

Context
Code F withholdings are commonly used to cover taxes arising from option exercises or vested awards; they do not represent an open‑market sale that signals an intent to exit the position. For investors, purchases are typically more informative than routine withholdings, which are administrative in nature.