Southern William Bradley 4

What Happened
William Southern, CEO of Louisiana‑Pacific Corporation (LPX), had 3,919 shares withheld/disposed to satisfy a tax liability tied to an equity award or option exercise. The shares were recorded at $96.59 each, for a total value of approximately $378,536. This was a withholding to meet tax obligations (routine), not an open‑market sale.

Key Details

• Transaction date: 2026-02-10; Filing date: 2026-02-11 (timely filing)
• Price per share: $96.59; Shares withheld/disposed: 3,919; Total value: ~$378,536
• Transaction code: F — payment of exercise price or tax liability (shares used to satisfy taxes)
• Shares owned after transaction: not specified in the provided filing summary
• Shares were withheld/surrendered to cover taxes (net share settlement), not an open-market sale

Context
Code F typically indicates shares were retained by the company or broker to cover tax withholding from an option exercise or vesting event. Such withholdings are routine administrative actions and do not necessarily signal a change in the insider’s view of the company. Purchases are generally considered more informative about insider sentiment than tax-related withholdings.