Lennox (NYSE: LII) CEO receives stock award and SAR grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lennox International’s chief executive officer Alok Maskara reported new equity awards. On February 2, 2026, he received 3,953 shares of common stock at a price of $0, bringing his directly held common stock to 28,844 shares.
He was also granted 9,519 non-qualified stock appreciation rights with an exercise price of $493.09 per share, all held directly. One third of these rights become exercisable on February 2, 2027 and annually thereafter, with the entire grant fully exercisable on February 2, 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Maskara Alok
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Appreciation Right | 9,519 | $0.00 | -- |
| Grant/Award | Common Stock, Par Value $0.01 Per Share | 3,953 | $0.00 | -- |
Holdings After Transaction:
Non-qualified Stock Appreciation Right — 9,519 shares (Direct);
Common Stock, Par Value $0.01 Per Share — 28,844 shares (Direct)
Footnotes (1)
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FAQ
What insider transactions did Lennox (LII) CEO Alok Maskara report?
Alok Maskara reported receiving 3,953 shares of Lennox common stock at $0 and 9,519 non-qualified stock appreciation rights at a $493.09 exercise price. Both awards were granted on February 2, 2026 and are held directly.
What are the terms of the Lennox (LII) CEO’s stock appreciation rights?
The CEO was granted 9,519 non-qualified stock appreciation rights with a $493.09 exercise price. One third becomes exercisable on February 2, 2027 and each year thereafter, with the full grant becoming exercisable by February 2, 2029.
Does the Lennox (LII) CEO hold the reported awards directly or indirectly?
Both the 3,953 Lennox common shares and the 9,519 non-qualified stock appreciation rights are reported as held directly by CEO Alok Maskara, with no indicated indirect ownership entity in the provided Form 4 data.
When will the Lennox (LII) CEO’s stock appreciation rights fully vest?
One third of the CEO’s stock appreciation rights vest on February 2, 2027 and in each of the following two years. According to the footnote, the entire 9,519-unit grant becomes fully exercisable on February 2, 2029.