We get it Shia, you are a bold, avant garde performance artist who is clearly just misunderstood. After the actor was accused of plagiarizing everyone else's art, prompting him to declare that he was quitting the public eye, he's now reportedly going to spend all that free time performing a very special art show.

And yes, it is just as pretentious and up-his-own-ass as you’d expect:
One gallerist — who wishes to remain unnamed – was contacted by LaBeouf, who emailed him a proposal, which THR has obtained exclusively and which is excerpted below. The actor describes his planned show, titled #IAMSORRY; it would feature pliers, whiskey, Belgian chocolates, Transformers toys, printed-out Twitter comments on folded paper and a ukelele.

“For 7 days, Shia will sit at a table in a small, boxy room at the rear of a Los Angeles gallery,” it reads. “It is not clear if this is actually Shia, or an imposter. A paper bag will cover his head, emblazoned with the words ‘I AM NOT FAMOUS ANYMORE.’”

A long table, holding the assortment of items, or “implements” as LaBeouf calls them, would be on hand to be used by visitors however they wanted. “It will be made clear that they can do what they please with this item,” reads the proposal. LaBeouf – or the imposter – “will remain silent throughout … He will be subjected to humiliation or forgiveness at the visitor’s discretion.”
Ugh, the only thing that Shia will accomplish from all this is sealing his status as "the poor man's James Franco."

[The Hollywood Reporter]