Lennox director reports 8,988-share charitable gift
Lennox International Inc. director John W. Norris III reported a bona fide charitable gift of 8,988 shares of common stock on 2026-08-06, at a reported price of $0.00 per share.
Rhea-AI Filing Summary
Lennox International Inc. director John W. Norris III reported a bona fide charitable gift of 8,988 shares of common stock on 2026-08-06, at a reported price of $0.00 per share. Following the gift, he directly holds 168,942 shares. He also reports significant indirect holdings through multiple trusts and a family limited partnership, with several positions reported as co-trustee interests or with beneficial ownership disclaimed except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
8,988 shares gifted
Gift
12 txns
Insider
NORRIS JOHN W III
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock, Par Value $0.01 Per Share F1 | 8,988 | $0.00 | $0.00 |
| holding | Common Stock, Par Value $0.01 Per Share F2 | -- | -- | -- |
| holding | Common Stock, Par Value $0.01 Per Share F2 | -- | -- | -- |
| holding | Common Stock, Par Value $0.01 Per Share F2 | -- | -- | -- |
| holding | Common Stock, Par Value $0.01 Per Share | -- | -- | -- |
| holding | Common Stock, Par Value $0.01 Per Share F3 | -- | -- | -- |
| holding | Common Stock, Par Value $0.01 Per Share F4 | -- | -- | -- |
| holding | Common Stock, Par Value $0.01 Per Share F5 | -- | -- | -- |
| holding | Common Stock, Par Value $0.01 Per Share F4 | -- | -- | -- |
| holding | Common Stock, Par Value $0.01 Per Share F4 | -- | -- | -- |
| holding | Common Stock, Par Value $0.01 Per Share F4 | -- | -- | -- |
| holding | Common Stock, Par Value $0.01 Per Share F4 | -- | -- | -- |
Holdings After Transaction:
Common Stock, Par Value $0.01 Per Share — 168,942 shares (Direct);
Common Stock, Par Value $0.01 Per Share — 6,551 shares (Indirect, Norris Living Trust);
Common Stock, Par Value $0.01 Per Share — 27,731 shares (Indirect, Norris Marital Trust - Exempt);
Common Stock, Par Value $0.01 Per Share — 178,295 shares (Indirect, Norris Marital Trust - Non-Exempt);
Common Stock, Par Value $0.01 Per Share — 727 shares (Indirect, Norris Childs Trust fbo John W. Norris III);
Common Stock, Par Value $0.01 Per Share — 107,250 shares (Indirect, JWN III Trust A);
Common Stock, Par Value $0.01 Per Share — 1,685 shares (Indirect, Norris-Newman Minors Trust);
Common Stock, Par Value $0.01 Per Share — 2,545,105 shares (Indirect, Norris Family Ltd. P);
Common Stock, Par Value $0.01 Per Share — 28,372 shares (Indirect, B.W. Norris Revocable Trust);
Common Stock, Par Value $0.01 Per Share — 5,636 shares (Indirect, Catherine Houlihan-spouse);
Common Stock, Par Value $0.01 Per Share — 28,372 shares (Indirect, L. C. Norris Trust);
Common Stock, Par Value $0.01 Per Share — 28,372 shares (Indirect, W.H. Norris Revocable Trust)
Footnotes (5)
- F1. Represents a charitable gift by the reporting person.
- F2. The reporting person is a co-trustee and holds a remainder interest therein. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F3. The reporting person is a co-trustee.
- F4. The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
- F5. The reporting person is president of J.W. Norris, Inc., the general partner of the Norris Family Limited Partnership (the "Limited Partnership"), and also holds a percentage of the limited partnership interest in the Limited Partnership. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for purposes of Section 16 or for any other purpose.
Key Figures
Charitable gift shares: 8,988 shares
Direct holdings after transaction: 168,942 shares
Norris Family Ltd. P holdings: 2,545,105 shares
+3 more
6 metrics
Charitable gift shares
8,988 shares
Bona fide gift of common stock on 2026-08-06
Direct holdings after transaction
168,942 shares
Common stock directly held by John W. Norris III after gift
Norris Family Ltd. P holdings
2,545,105 shares
Indirect holdings where reporting person is president of general partner and limited partner, with beneficial ownership disclaimed except for pecuniary interest
Norris Marital Trust - Non-Exempt
178,295 shares
Indirect trust holdings with remainder interest and beneficial ownership disclaimed except for pecuniary interest
JWN III Trust A holdings
107,250 shares
Indirect holdings where reporting person is co-trustee
Gift price per share
$0.00 per share
Reported transaction price for the 8,988-share charitable gift
Key Terms
bona fide gift, remainder interest, pecuniary interest, beneficial ownership, +1 more
5 terms
bona fide gift financial
"Transaction code G is described as a bona fide gift."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
remainder interest financial
"The reporting person is a co-trustee and holds a remainder interest therein."
pecuniary interest financial
"Disclaims beneficial ownership except to the extent of his pecuniary interest therein."
beneficial ownership financial
"This report shall not be deemed an admission that the reporting person is the beneficial owner."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
limited partnership financial
"President of J.W. Norris, Inc., the general partner of the Norris Family Limited Partnership."
A limited partnership is a legal business structure with two types of partners: at least one general partner who runs the business and bears full legal responsibility, and one or more limited partners who contribute money, share profits, and have liability capped at their investment. For investors, it matters because it separates control from financial exposure — like putting money into a store without managing it — and affects how returns, risks, taxes and transferability of ownership are handled.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What transaction did LII director John W. Norris III report on this Form 4?
John W. Norris III reported a bona fide charitable gift of 8,988 shares of Lennox International common stock on 2026-08-06 at a stated price of $0.00 per share, characterized in the filing as a charitable contribution.
What indirect Lennox International (LII) holdings are reported for John W. Norris III?
He reports indirect interests in several entities, including 2,545,105 shares held by Norris Family Ltd. P and 178,295 shares in the Norris Marital Trust – Non-Exempt, among others, with footnotes explaining co-trustee roles and partial or disclaimed beneficial ownership.
How does the Form 4 describe John W. Norris III’s beneficial ownership of certain LII trusts?
For several trusts, footnotes state he is a co-trustee and that he disclaims beneficial ownership of those securities, except to the extent of his pecuniary interest, and that the report is not an admission of beneficial ownership for Section 16 purposes.
Was the Lennox International (LII) Form 4 transaction made under a Rule 10b5-1 plan?
The Form 4’s Rule 10b5-1 checkbox is not marked as affirming a trading plan, and no footnote indicates the charitable gift was executed under a pre-arranged Rule 10b5-1 trading plan.
What does “bona fide gift” mean in this LII Form 4 filing?
The filing uses code G for a bona fide gift and specifies in a footnote that the 8,988 shares represent a charitable gift by the reporting person, indicating a transfer without consideration rather than an open-market sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
