Director at Lennox (NYSE: LII) receives 51-share stock retainer
Rhea-AI Filing Summary
Somasundaram Sivasankaran reported acquisition or exercise transactions in this Form 4 filing.
Lennox International director Somasundaram Sivasankaran received a grant of 51 shares of common stock as a quarterly retainer paid in stock. The award was recorded at $505.31 per share and increased his direct holdings to 767 shares of Lennox International common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 51 shares
Net Buy
1 txn
Insider
Somasundaram Sivasankaran
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $0.01 Per Share | 51 | $505.31 | $26K |
Holdings After Transaction:
Common Stock, Par Value $0.01 Per Share — 767 shares (Direct)
Footnotes (1)
- F1. Quarterly retainer paid in stock.
Key Figures
Shares granted: 51 shares
Grant price: $505.31 per share
Shares owned after: 767 shares
3 metrics
Shares granted
51 shares
Quarterly retainer paid in stock to director
Grant price
$505.31 per share
Value assigned to the 51-share stock award
Shares owned after
767 shares
Director’s direct Lennox International holdings post-grant
Key Terms
Common Stock, Par Value $0.01 Per Share, grant/award acquisition, Quarterly retainer paid in stock
3 terms
grant/award acquisition financial
"transaction_action: grant/award acquisition"
Quarterly retainer paid in stock financial
"footnote: Quarterly retainer paid in stock."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Lennox International (LII) report for Somasundaram Sivasankaran?
Lennox International reported that director Somasundaram Sivasankaran received 51 shares of common stock. The shares were granted as part of his quarterly retainer paid in stock, increasing his direct ownership position in Lennox International to 767 common shares after the transaction.