Lennox International (LII) EVP Sarah Martin receives stock and 1,705-share SAR grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lennox International executive Sarah Rachel Martin reported new equity awards in the company’s stock. On 02/02/2026, she received 708 shares of common stock at $0 per share, bringing her directly held common shares to 2,355.
On the same date, she was granted a non-qualified stock appreciation right covering 1,705 shares with an exercise price of $493.09. According to the disclosure, one third of these rights become exercisable on 02/02/2027 and each year thereafter, with the full grant becoming exercisable on 02/02/2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Martin Sarah Rachel
Role
EVP & Pres., Home Comfort Sol
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Appreciation Right | 1,705 | $0.00 | -- |
| Grant/Award | Common Stock, Par Value $0.01 Per Share | 708 | $0.00 | -- |
Holdings After Transaction:
Non-qualified Stock Appreciation Right — 1,705 shares (Direct);
Common Stock, Par Value $0.01 Per Share — 2,355 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Lennox International (LII) report for Sarah Rachel Martin?
Lennox International reported that executive Sarah Rachel Martin received new equity awards. She acquired 708 shares of common stock at $0 per share and a non-qualified stock appreciation right over 1,705 shares with a $493.09 exercise price on February 2, 2026.
What are the key terms of Sarah Rachel Martin’s stock appreciation rights at Lennox International (LII)?
Sarah Rachel Martin received non-qualified stock appreciation rights covering 1,705 shares at an exercise price of $493.09. One third of these rights become exercisable on February 2, 2027 and each year thereafter, with the entire grant fully exercisable on February 2, 2029.
Is the Lennox International (LII) Form 4 for Sarah Rachel Martin a purchase or a grant?
The Form 4 reflects equity grants rather than open-market purchases. It shows an award of 708 shares of common stock at $0 per share and a grant of non-qualified stock appreciation rights over 1,705 shares at a $493.09 exercise price.
What role does Sarah Rachel Martin hold at Lennox International (LII)?
Sarah Rachel Martin is an officer of Lennox International, serving as Executive Vice President and President, Home Comfort Solutions. The Form 4 identifies her in this capacity while detailing her newly granted common stock and stock appreciation rights.
When will Sarah Rachel Martin’s Lennox International (LII) stock appreciation rights fully vest?
According to the filing, one third of Sarah Rachel Martin’s stock appreciation rights become exercisable on February 2, 2027 and each year thereafter. The entire 1,705-share grant will be fully exercisable on February 2, 2029.