Lennox CTO granted shares and stock appreciation rights
Lennox International EVP and Chief Technology Officer Prakash Bedapudi reported receiving new equity-based compensation.
Rhea-AI Filing Summary
Lennox International EVP and Chief Technology Officer Prakash Bedapudi reported receiving new equity-based compensation. On 02/02/2026, he was granted 738 shares of Lennox common stock at a price of $0 per share, bringing his directly held common stock to 18,708 shares.
He was also granted a non-qualified stock appreciation right covering 1,776 shares of common stock at an exercise price of $493.09 per share. According to the terms, one third of these rights become exercisable on 02/02/2027 and on the same date each year thereafter, with the entire grant fully exercisable by 02/02/2029.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Appreciation Right | 1,776 | $0.00 | $0.00 |
| Grant/Award | Common Stock, Par Value $0.01 Per Share | 738 | $0.00 | $0.00 |
Footnotes (1)
- F1. One third of the Stock Appreciation Rights will become exercisable on 2/02/2027 and each year thereafter. The entire grant will become fully exercisable on 2/02/2029.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Lennox International (LII) report for Prakash Bedapudi?
What are the terms of Prakash Bedapudi’s Lennox stock appreciation rights?
Is the Lennox (LII) insider transaction a purchase or an equity grant?
What role does the insider in this Lennox (LII) Form 4 hold?
When do the newly granted Lennox stock appreciation rights expire?
AI-generated analysis. How Rhea-AI works. Not financial advice.