Louisiana-Pacific Corporation filed SEC Form 8-K: Leadership Update, Regulation FD Disclosure, Financial Statements and Exhibits
$LPX
Forest Products
Basic Materials
United States
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 25, 2025
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(Exact name of registrant as specified in its charter)
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Registrant’s telephone number, including area code: (615 986 - 5600
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 25, 2025, the Board of Directors (the “Board”) of Louisiana-Pacific Corporation (the “Company”) appointed Kelly H. Barrett as a director of the Company. Ms. Barrett will serve as a Class I director with a term expiring at the 2025 annual meeting of the Company’s stockholders. Ms. Barrett will serve on the Finance and Audit Committee and the Governance and Corporate Responsibility Committee of the Board.
The Board has determined that Ms. Barrett is independent under the New York Stock Exchange listing standards and applicable Securities and Exchange Commission (“SEC”) rules and regulations, as well as under the Company’s Corporate Governance Guidelines, and that Ms. Barrett meets the qualifications for membership on the Board committees on which she will serve.
Ms. Barrett will receive the standard compensation paid to non-employee directors, as described in the Company’s definitive proxy statement filed with the SEC on March 27, 2024, and reflecting the updated annual cash retainer amount for non-employee directors of $100,000 and the updated annual grant of restricted stock units with a grant date fair value of $140,000, each as approved by the Board on May 10, 2024. Ms. Barrett’s initial annual cash retainer and annual restricted stock unit grant will be prorated to reflect service on the Board of less than a full year.
Item 7.01 Regulation FD Disclosure.
On February 27, 2025, the Company issued a press release announcing the appointment of Ms. Barrett to the Board. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
The information furnished pursuant to this Item 7.01 and Exhibit 99.1 shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be incorporated by reference into a filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in any such a filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
Exhibit Number | Description | ||||
| 99.1 | |||||
| 104 | Cover Page Interactive Data File (embedded within Inline XBRL document) | ||||
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| LOUISIANA-PACIFIC CORPORATION | ||||||||
| By: | /S/ NICOLE C. DANIEL | |||||||
| Nicole C. Daniel | ||||||||
| Senior Vice President, General Counsel and Corporate Secretary | ||||||||