Louisiana-Pacific Corp (NYSE:LPX) Chief Executive Officer William Bradley Southern reported sales of 19,232 shares of common stock on February 17 and 18, 2026, according to a Form 4 filing with the Securities and Exchange Commission.
The combined proceeds from the transactions amount to $2,509,317, with execution prices spanning $86.87 to $90.12 per share. The sales were carried out automatically under a Rule 10b5-1 trading arrangement that Southern established on August 27, 2025.
Transaction details disclosed in the filing show that on February 17 Southern sold four blocks: 293 shares at $87.02; 3,230 shares at $88.61; 9,323 shares at $89.48; and 1,320 shares at $90.12. On February 18 he sold 5,581 shares at $86.87; 4,592 shares at $88.05; 3,286 shares at $88.84; and 707 shares at $89.61. After completing these sales, Southern directly holds 447,553 shares of Louisiana-Pacific.
Earnings context
The disclosure of the insider sales arrives as Louisiana-Pacific released fourth-quarter 2025 results that presented a mixed picture. The company reported earnings per share of $0.03, outperforming analyst expectations of -$0.0028 and representing a 1171.43% surprise relative to that estimate. Revenue, however, came in at $567 million, missing the forecast of $594.64 million by 4.65%.
Market response to those results included a decline in the company’s stock in pre-market trading, according to the filing and accompanying reporting. Analysts and investors are likely to watch subsequent updates closely as they assess the company’s near-term performance.
Notes
The sales were executed under the pre-established trading plan noted above and reported on a Form 4 filed with the SEC. The filing and the company’s quarterly results provide the factual basis for the transactions and market reaction described here.