Davis Leslie E 4
4 · LOUISIANA-PACIFIC CORP · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
LPX VP & CAO Leslie E. Davis Receives RSU Awards
What Happened Leslie E. Davis, VP, Controller & CAO of Louisiana‑Pacific Corporation (LPX), was granted a total of 1,804 stock awards on 2026-02-12 (1,385 and 419 share awards). To satisfy tax withholding related to these awards, 124 shares were withheld/disposed on 2026-02-12 at $93.89 ($11,642) and 115 shares on 2026-02-13 at $93.62 ($10,766), for a total of 239 shares withheld and roughly $22,408 remitted.
Key Details
- Transaction types: A = award/grant (1,385 and 419 shares at $0.00); F = shares withheld for tax liability (124 shares @ $93.89; 115 shares @ $93.62).
- Dates: Awards dated 2026-02-12; tax withholding dispositions on 2026-02-12 and 2026-02-13.
- Withheld shares: 239 shares withheld in total, totaling ≈ $22,408.
- Shares owned after the transaction: Not specified in the provided filing.
- Footnotes:
- F1: The 1,385-share award consists of restricted stock units (RSUs) that vest in three equal annual installments starting on the first anniversary of the grant.
- F2: The 419-share amount reflects a payout of 2023 performance stock units (PSUs) at 88% of target and includes dividend equivalents.
- Filing date: Form 4 filed 2026-02-17; no late-filing flag shown in the provided data.
Context RSUs are time-based awards that vest over future service periods; PSUs are performance-based and here paid out below target (88%). The withholding transactions (code F) are routine—companies commonly retain/withhold a portion of awarded shares to cover required taxes. These award receipts are not purchases and do not by themselves indicate a buy/sell market signal.
Insider Transaction Report
- Award
Common Stock
[F1]2026-02-12+1,385→ 3,885 total - Award
Common Stock
[F2]2026-02-12+419→ 4,304 total - Tax Payment
Common Stock
2026-02-12$93.89/sh−124$11,642→ 4,181 total - Tax Payment
Common Stock
2026-02-13$93.62/sh−115$10,766→ 4,066 total
Footnotes (2)
- [F1]Consists of restricted stock units ("RSUs") granted pursuant to the Louisiana-Pacific Corporation 2022 Omnibus Stock Award Plan. The RSUs vest in three equal annual installments beginning on the first anniversary of the grant date.
- [F2]Reflects payout of 2023 performance stock units ("PSUs") at 88% of target award amount and includes shares credited as dividend equivalents on such PSUs.