Insider Buying Signals a Confidence Boost
On February 12, 2026 Louisiana‑Pacific Corp. (LPC) saw a notable insider purchase by SVP and COO Hamill Anthony, who acquired 6,710 restricted‑stock‑unit shares at no cost under the company’s 2022 Omnibus Stock Award Plan. The transaction, recorded at a price of $0.00, increased his holdings to 24,751 shares—an 18 % rise from the previous disclosure. While RSUs are a common incentive mechanism, the timing of this buy—just a day after LPC’s share price dipped 0.05% to $88.86—signals a belief that the stock is undervalued amid broader market softness.
Volume‑Driven Insider Activity Paints a Mixed Picture
Across the board, five senior executives executed a series of buys and sells during the same week. Daniel Nicole C. and Haughie Alan purchased more than 13,000 shares each, while all five executives also sold shares totaling roughly 23,000 shares. The net effect across these transactions was a net purchase of about 1,500 shares, suggesting a cautious but optimistic stance. The CEO, William Bradley, on the other hand, sold a sizable block of 41,852 shares, reducing his stake from 494,721 to 478,246 shares. This split action may reflect a desire to lock in gains after a 12‑month price run‑up, but it does not negate the overall bullish sentiment shown by the other executives.
What This Means for Investors
For market participants, the insider buying—especially by a senior executive—can be interpreted as a vote of confidence in LPC’s strategic direction. The company is navigating a construction‑sector slowdown, yet it continues to invest in engineered‑wood products for North and South American markets. The modest net buy volume suggests that executives believe the stock’s current valuation is attractive and that the company’s fundamentals—such as its diversified product line and established supply chain—will support future growth. Investors may view the insider activity as a signal that the company is poised to weather short‑term headwinds and could be a catalyst for a rebound in share price as earnings reports and market sentiment shift.
A Strategic Window Ahead
With the next earnings release on the horizon, analysts are closely watching LPC’s ability to maintain margins and drive revenue in a soft construction cycle. The insider purchases, coupled with a slightly higher analyst price target, indicate that management’s confidence is translating into market optimism. Should LPC deliver on its operational initiatives, the company could capitalize on a recovery in the building‑materials market, potentially lifting its stock back toward the 52‑week high of $108.41. Until then, the insider buying activity offers a subtle yet encouraging sign that the company’s leadership is backing its own stock at a critical juncture.
| Date | Owner | Transaction Type | Shares | Price per Share | Security |
|---|---|---|---|---|---|
| 2026-02-12 | Hamill Anthony (SVP, COO) | Buy | 6,710.00 | N/A | Common Stock |
| 2026-02-12 | Daniel Nicole C (SVP, General Counsel, Corp Sec) | Buy | 5,325.00 | N/A | Common Stock |
| 2026-02-12 | Daniel Nicole C (SVP, General Counsel, Corp Sec) | Buy | 3,843.00 | N/A | Common Stock |
| 2026-02-12 | Daniel Nicole C (SVP, General Counsel, Corp Sec) | Sell | 1,512.00 | 93.89 | Common Stock |
| 2026-02-13 | Daniel Nicole C (SVP, General Counsel, Corp Sec) | Sell | 592.00 | 93.62 | Common Stock |
| 2026-02-12 | Haughie Alan (EVP, CFO) | Buy | 7,988.00 | N/A | Common Stock |
| 2026-02-12 | Haughie Alan (EVP, CFO) | Buy | 8,196.00 | N/A | Common Stock |
| 2026-02-12 | Haughie Alan (EVP, CFO) | Sell | 3,225.00 | 93.89 | Common Stock |
| 2026-02-13 | Haughie Alan (EVP, CFO) | Sell | 887.00 | 93.62 | Common Stock |
| 2026-02-12 | Southern William Bradley (Chief Executive Officer) | Buy | 41,852.00 | N/A | Common Stock |
| 2026-02-12 | Southern William Bradley (Chief Executive Officer) | Sell | 16,475.00 | 93.89 | Common Stock |
| 2026-02-13 | Southern William Bradley (Chief Executive Officer) | Sell | 2,361.00 | 93.62 | Common Stock |
| 2026-02-12 | Davis Leslie E (VP, Controller & CAO) | Buy | 1,385.00 | N/A | Common Stock |
| 2026-02-12 | Davis Leslie E (VP, Controller & CAO) | Buy | 419.00 | N/A | Common Stock |
| 2026-02-12 | Davis Leslie E (VP, Controller & CAO) | Sell | 124.00 | 93.89 | Common Stock |
| 2026-02-13 | Davis Leslie E (VP, Controller & CAO) | Sell | 115.00 | 93.62 | Common Stock |
| 2026-02-12 | Sichling Craig M (SVP, Chief Commercial Officer) | Buy | 4,260.00 | N/A | Common Stock |
| 2026-02-12 | Sichling Craig M (SVP, Chief Commercial Officer) | Buy | 1,603.00 | N/A | Common Stock |
| 2026-02-12 | Sichling Craig M (SVP, Chief Commercial Officer) | Sell | 691.00 | 93.89 | Common Stock |
| 2026-02-13 | Sichling Craig M (SVP, Chief Commercial Officer) | Sell | 173.00 | 93.62 | Common Stock |
| 2026-02-12 | Ringblom Jason Paul (President) | Buy | 19,171.00 | N/A | Common Stock |
| 2026-02-12 | Ringblom Jason Paul (President) | Buy | 7,672.00 | N/A | Common Stock |
| 2026-02-12 | Ringblom Jason Paul (President) | Sell | 3,019.00 | 93.89 | Common Stock |
| 2026-02-13 | Ringblom Jason Paul (President) | Sell | 709.00 | 93.62 | Common Stock |
| N/A | Ringblom Jason Paul (President) | Holding | 3,990.00 | N/A | Common Stock |




