LOUISIANA-PACIFIC CORP·4

Feb 18, 6:24 PM ET

Southern William Bradley 4

Research Summary

AI-generated summary

Updated

Louisiana‑Pacific (LPX) CEO Southern William Bradley Sells 28,332 Shares

What Happened
Southern William Bradley, CEO of Louisiana‑Pacific Corporation (LPX), sold a total of 28,332 shares in open‑market transactions on February 17–18, 2026 for aggregate proceeds of approximately $2,509,316. The sales were executed at weighted‑average prices reported per lot (examples below) and were made pursuant to a pre‑arranged Rule 10b5‑1 trading plan.

Key Details

  • Transaction type: S = Sale (open market) on Feb 17–18, 2026. Filing date: Feb 18, 2026 (timely).
  • Aggregate shares sold: 28,332; aggregate proceeds: ~$2,509,316.
  • Individual lots (weighted average price; price ranges reported in filing):
    • 293 shares at $87.02 (trades ranged $86.65–$87.55) — $25,497
    • 3,230 shares at $88.61 (trades ranged $87.965–$88.965) — $286,210
    • 9,323 shares at $89.48 (trades ranged $88.99–$89.98) — $834,222
    • 1,320 shares at $90.12 (trades ranged $89.995–$90.35) — $118,958
    • 5,581 shares at $86.87 (trades ranged $86.45–$87.43) — $484,821
    • 4,592 shares at $88.05 (trades ranged $87.465–$88.465) — $404,326
    • 3,286 shares at $88.84 (trades ranged $88.47–$89.47) — $291,928
    • 707 shares at $89.61 (trades ranged $89.48–$90.01) — $63,354
  • Footnotes: Sales were automatic under a Rule 10b5‑1 trading plan adopted Aug 27, 2025. Several lots report weighted‑average prices with specified price ranges; the filer offers to provide per‑trade breakdowns on request.
  • Shares owned after transaction: Not provided in the excerpt; see the full Form 4 for post‑transaction holdings.
  • Timeliness: Filing appears timely (report period 2026‑02‑17; filing 2026‑02‑18).

Context

  • These were sales (routine dispositions) executed under a pre‑arranged 10b5‑1 plan, which typically indicates trades were scheduled in advance rather than discretionary, and therefore do not necessarily signal the insider’s current view on the company.
  • For retail investors, purchases often carry stronger interpretive weight than pre‑planned sales; consider this sale in the broader context of company performance, recent insider activity, and any public guidance.