[Form 3] Eureka Acquisition Corp Unit Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

Form 4 filing overview – Lennox International Inc. (LII)

Director John W. Norris III reported the sale of 3,190 shares of Lennox International common stock on 10 July 2025, executed in three separate transactions:

• 1,550 shares at a weighted-average price of $613.1277
• 1,350 shares at a weighted-average price of $614.1276
• 290 shares at a weighted-average price of $615.0069

Following the sales, his direct ownership declined from roughly 204,096 to 200,906 shares, a reduction of about 1.6 % of his directly held position. He continues to maintain substantial indirect exposure through multiple family trusts and a limited partnership, totaling more than 2.9 million additional shares.

No derivative securities were reported, and the filing does not reference any 10b5-1 trading plan. All weighted-average prices include narrow intraday price ranges, and the filer undertakes to supply detailed execution data upon request.

The reported activity represents routine insider selling of a small fraction of the director’s aggregate holdings; nonetheless, any insider disposition can be interpreted by investors as a modestly negative sentiment signal, especially when executed near all-time-high share prices in the low-$600 range.

Insights

Securities Analyst

TL;DR – Modest insider sale; sentiment mildly negative, financial impact negligible.

The sale of 3,190 shares for approximately US$2 million trims only 1.6 % of Norris’s direct stake and <0.1 % of his total economic exposure when indirect holdings are included. There is no indication of distress or a strategic shift; the transactions appear opportunistic given the stock’s high trading level. Historically, LII insiders have periodically monetised small blocks without signalling broader weakness. The magnitude is therefore immaterial to valuation, but it can contribute to incremental negative sentiment, especially if further sales follow.

Corporate Governance Expert

TL;DR – Routine disposition, compliance intact; watch for pattern escalation.

Proper Section 16 disclosure was filed within the two-business-day window, and signatures were provided via authorised attorney-in-fact. No 10b5-1 plan was referenced, implying discretionary timing. While the governance process is sound, discretionary sales by long-tenured insiders deserve monitoring: a pattern of consecutive sales could point to portfolio diversification or shifting outlook. At this stage, the single filing is not impactful to governance standing.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
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1. Name and Address of Reporting Person^*

WOLVERINE ASSET MANAGEMENT LLC

(Last) (First) (Middle)

175 WEST JACKSON

SUITE 340

(Street)

CHICAGO IL 60604

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
07/02/2025

3. Issuer Name and Ticker or Trading Symbol
Eureka Acquisition Corp [ EURK ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)		Other (specify below)

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class A Ordinary Shares	398,392(1)	I	By Wolverine Asset Management, LLC as Manager of Wolverine Flagship Fund Trading Limited

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This Form 3 is being filed solely due to the redemptions of 3,038,722 Class A Ordinary Shares by shareholders other than the Reporting Persons, as announced by the Issuer in a current report on Form 8-K filed on July 2, 2025 (the "Redemptions"). After the Redemptions, the Reporting Person's aggregate beneficial ownership was above 10%. The Reporting Person has not acquired Class A Ordinary Shares or any other equity securities of the Issuer since being pushed over 10% due to Redemptions.

	Kenneth Nadel	07/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Lennox International (LII) shares did John W. Norris III sell?

He sold 3,190 shares on 10 July 2025 across three transactions.

What was the average sale price for the LII insider transactions?

Weighted-average prices ranged from $613.13 to $615.01 per share.

How many LII shares does Norris still own directly after the sale?

His direct holding stands at 200,906 shares.

Does Norris hold additional LII shares indirectly?

Yes. Various trusts and a family limited partnership collectively hold over 2.9 million shares attributable to him on an indirect basis.

Was a Rule 10b5-1 trading plan used for these sales?

The filing did not indicate that the transactions were executed under a 10b5-1 plan.

Is this insider selling considered significant?

The shares sold represent roughly 1.6 % of his direct stake and are generally viewed as modestly negative but not financially material to the company.