Ringblom Jason Paul 4

What Happened

• Jason Paul Ringblom, President of Louisiana‑Pacific Corporation (LPX), was granted equity awards and had shares withheld to satisfy tax liabilities. On Feb 12, 2026 he was granted 19,171 RSUs and 7,672 shares (total 26,843 units) at $0.00 (award). To cover taxes, 3,019 shares were withheld/disposed on Feb 12 at $93.89 ($283,454) and 709 shares were withheld/disposed on Feb 13 at $93.62 ($66,377), totaling $349,831.

Key Details

• Transaction dates and prices:
  • 2026-02-12: Grant of 19,171 RSUs at $0.00 (award)
  • 2026-02-12: Grant of 7,672 shares (PSU payout) at $0.00 (award)
  • 2026-02-12: 3,019 shares withheld/ disposed at $93.89 = $283,454 (tax payment)
  • 2026-02-13: 709 shares withheld/ disposed at $93.62 = $66,377 (tax payment)
• Footnotes:
  • F1: RSUs granted under the 2022 Omnibus Plan; vest in three equal annual installments beginning one year after grant.
  • F2: The 7,672‑share amount reflects payout of 2023 PSUs at 88% of target and includes dividend equivalents.
• Shares owned after the transaction: Not provided in the supplied filing details.
• Filing timing: Transactions occurred Feb 12–13, 2026; the Form 4 was filed Feb 17, 2026 (more than two business days after the primary transaction), which may indicate a late filing.

Context

• These were equity awards and tax‑withholding dispositions, not open‑market sales. The disposals were made to satisfy tax obligations (company withheld/sold shares to cover withholding), a routine administrative action that does not necessarily indicate a trading view on the stock.
• RSUs vest over time (three annual tranches), while the PSU payout reflects performance at 88% of target for 2023.