Lennox (LII) legal chief gains stock rights and 472 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lennox International executive Monica M. Brown, EVP and Chief Legal Officer, reported acquiring company equity on 02/02/2026. She received 1,137 non-qualified stock appreciation rights with an exercise price of $493.09 per share, which begin to become exercisable on 02/02/2027 and are fully exercisable on 02/02/2029.
She also acquired 472 shares of common stock at a price of $0, bringing her directly held common stock holdings to 1,803 shares. Following these transactions, she holds 1,137 derivative securities linked to Lennox common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Brown Monica M.
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Appreciation Right | 1,137 | $0.00 | -- |
| Grant/Award | Common Stock, Par Value $0.01 Per Share | 472 | $0.00 | -- |
Holdings After Transaction:
Non-qualified Stock Appreciation Right — 1,137 shares (Direct);
Common Stock, Par Value $0.01 Per Share — 1,803 shares (Direct)
Footnotes (1)
- [object Object]
FAQ
What insider transactions did Lennox International (LII) report for Monica M. Brown?
Monica M. Brown reported acquiring 1,137 non-qualified stock appreciation rights and 472 shares of Lennox common stock on 02/02/2026. Both transactions were recorded at a price of $0 per unit and are held directly in her name.
How many Lennox (LII) stock appreciation rights does Monica M. Brown now hold?
After the reported transaction, Monica M. Brown holds 1,137 non-qualified stock appreciation rights linked to Lennox common stock. These rights have a $493.09 exercise price and follow a multi-year vesting schedule specified in the filing’s explanatory footnote.
When do Monica M. Brown’s Lennox (LII) stock appreciation rights vest?
One third of Monica M. Brown’s stock appreciation rights become exercisable on 02/02/2027 and on the same date in each of the next two years. The entire 1,137-right grant becomes fully exercisable on 02/02/2029, according to the filing footnote.
What is the exercise price of Monica M. Brown’s Lennox (LII) stock appreciation rights?
The non-qualified stock appreciation rights granted to Monica M. Brown have an exercise price of $493.09 per share. This means any eventual value to her depends on Lennox’s share price exceeding $493.09 when the rights are exercised after vesting.
Were Monica M. Brown’s Lennox (LII) equity transactions direct or indirect holdings?
Both transactions reported for Monica M. Brown are classified as direct holdings. The Form 4 lists the 1,803 common shares and 1,137 stock appreciation rights under ownership form “D,” with no indicated indirect ownership entity or related-party structure.