Michael J. Sims
Net Worth

Last updated:

What is Michael J. Sims net worth?

The estimated net worth of Mr. Michael J. Sims is at least $16,775,990 as of 25 Feb 2021. He owns shares worth $7,826,537 as insider, has earned $1,053,373 from insider trading and has received compensation worth at least $7,896,080 in Louisiana-Pacific Corporation.

What is the salary of Michael J. Sims?

Mr. Michael J. Sims salary is $987,010 per year as Senior Vice President of Corporation Marketing & Bus. Devel. in Louisiana-Pacific Corporation.

How old is Michael J. Sims?

Mr. Michael J. Sims is 67 years old, born in 1958.

What stocks does Michael J. Sims currently own?

As insider, Mr. Michael J. Sims owns shares in one company:

Company Title Shares Price per share Total value
Louisiana-Pacific Corporation (LPX) Senior Vice President of Corporation Marketing & Bus. Devel. 79,232 $98.78 $7,826,537

What does Louisiana-Pacific Corporation do?

Louisiana-Pacific Corporation, together with its subsidiaries, manufactures and markets building products primarily for use in new home construction, repair and remodeling, and outdoor structure markets. It operates through four segments: Siding; Oriented Strand Board (OSB); Engineered Wood Products (EWP); and South America. The Siding segment offers LP SmartSide trim and siding products, LP SmartSide ExpertFinish trim and siding products, LP BuilderSeries lap siding products, and LP Outdoor Building Solutions; and engineered wood siding, trim, soffit, and fascia products. The OSB segment manufactures and distributes OSB structural panel products comprising LP TechShield radiant barriers, LP WeatherLogic air and water barriers, LP Legacy premium sub-flooring products, LP FlameBlock fire-rated sheathing products, and LP TopNotch sub-flooring products. The EWP segment provides laminated veneer lumber and other related products; and LP SolidStart I-joists, which are primarily used in residential and commercial floorings, roofing systems, and other structural applications. The South America segment manufactures and distributes OSB structural panel and siding products. This segment also distributes and sells related products for the region's transition to wood frame construction. It also offers timber and timberlands and other products and services. The company sells its products primarily to retailers, wholesalers, and homebuilding and industrial businesses in North America and South America, Asia, Australia, and Europe. Louisiana-Pacific Corporation was incorporated in 1972 and is headquartered in Nashville, Tennessee.

Michael J. Sims insider trading

Louisiana-Pacific Corporation

Mr. Michael J. Sims has made 4 insider trades between 2017-2021, according to the Form 4 filled with the SEC. Most recently he sold 7,537 units of LPX stock worth $365,545 on 25 Feb 2021.

The largest trade he's ever made was exercising 32,968 units of LPX stock on 25 Feb 2021. As of 25 Feb 2021 he still owns at least 79,232 units of LPX stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 7,537 $48.5 $365,545
Option
Stock Appreciation Rights 4,216 $17.04 $71,841
Sale
Common Stock 7,537 $48.5 $365,545
Option
Common Stock 32,968 $17.31 $570,577
Option
Common Stock 7,482 N/A N/A
Option
Performance Share Units 7,482 N/A N/A
Option
Restricted Stock Units 7,212 N/A N/A
Option
Common Stock 7,659 N/A N/A
Option
Common Stock 2,130 N/A N/A
Option
Restricted Stock Units 2,090 N/A N/A
Option
Performance Share Units 12,434 $31.75 $394,780
Option
Common Stock 12,434 $31.75 $394,780
Option
Common Stock 7,712 $24.13 $186,091
Option
Performance Share units 3,812 N/A N/A
Option
Common stock 8,081 $27.06 $218,672
Option
Stock Settled Stock Appreciation 10,303 $18.09 $186,381
Sale
Common stock 5,871 $27.06 $158,869
Option
Stock settled stock appreciation righs 9,097 $10.3 $93,699
Option
Common Stock 7,085 $24.68 $174,858
Sale
Common Stock 6,685 $24.45 $163,415

Louisiana-Pacific key executives

Louisiana-Pacific Corporation executives and other stock owners filed with the SEC: