[Form 4] Lennox International Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 filing overview – Lennox International Inc. (LII)

Director John W. Norris III reported the sale of 3,190 shares of Lennox International common stock on 10 July 2025, executed in three separate transactions:

• 1,550 shares at a weighted-average price of $613.1277
• 1,350 shares at a weighted-average price of $614.1276
• 290 shares at a weighted-average price of $615.0069

Following the sales, his direct ownership declined from roughly 204,096 to 200,906 shares, a reduction of about 1.6 % of his directly held position. He continues to maintain substantial indirect exposure through multiple family trusts and a limited partnership, totaling more than 2.9 million additional shares.

No derivative securities were reported, and the filing does not reference any 10b5-1 trading plan. All weighted-average prices include narrow intraday price ranges, and the filer undertakes to supply detailed execution data upon request.

The reported activity represents routine insider selling of a small fraction of the director’s aggregate holdings; nonetheless, any insider disposition can be interpreted by investors as a modestly negative sentiment signal, especially when executed near all-time-high share prices in the low-$600 range.

Positive

• None.

Negative

• Director disposed of 3,190 shares, which can be interpreted as a mild negative sentiment indicator.
• No 10b5-1 plan disclosed; discretionary timing could raise questions if sales continue.

Insights

Securities Analyst

TL;DR – Modest insider sale; sentiment mildly negative, financial impact negligible.

The sale of 3,190 shares for approximately US$2 million trims only 1.6 % of Norris’s direct stake and <0.1 % of his total economic exposure when indirect holdings are included. There is no indication of distress or a strategic shift; the transactions appear opportunistic given the stock’s high trading level. Historically, LII insiders have periodically monetised small blocks without signalling broader weakness. The magnitude is therefore immaterial to valuation, but it can contribute to incremental negative sentiment, especially if further sales follow.

Corporate Governance Expert

TL;DR – Routine disposition, compliance intact; watch for pattern escalation.

Proper Section 16 disclosure was filed within the two-business-day window, and signatures were provided via authorised attorney-in-fact. No 10b5-1 plan was referenced, implying discretionary timing. While the governance process is sound, discretionary sales by long-tenured insiders deserve monitoring: a pattern of consecutive sales could point to portfolio diversification or shifting outlook. At this stage, the single filing is not impactful to governance standing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

NORRIS JOHN W III

(Last) (First) (Middle)

2140 LAKE PARK BLVD.

(Street)

RICHARDSON TX 75080

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
LENNOX INTERNATIONAL INC [ LII ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/10/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, Par Value $0.01 Per Share	07/10/2025		S		1,550	D	$613.1277(1)	202,546	D
Common Stock, Par Value $0.01 Per Share	07/10/2025		S		1,350	D	$614.1276(2)	201,196	D
Common Stock, Par Value $0.01 Per Share	07/10/2025		S		290	D	$615.0069(3)	200,906	D
Common Stock, Par Value $0.01 Per Share								107,250	I	JWN III Trust A(4)
Common Stock, Par Value $0.01 Per Share								47,853	I	Norris Living Trust(5)
Common Stock, Par Value $0.01 Per Share								18,480	I	Norris Marital Trust - Exempt(5)
Common Stock, Par Value $0.01 Per Share								146,835	I	Norris Marital Trust - Non-Exempt(5)
Common Stock, Par Value $0.01 Per Share								530	I	Norris Childs Trust fbo John W. Norris III
Common Stock, Par Value $0.01 Per Share								1,685	I	Norris-Newman Minors Trust(6)
Common Stock, Par Value $0.01 Per Share								2,545,105	I	Norris Family Ltd. P(7)
Common Stock, Par Value $0.01 Per Share								28,372	I	B.W. Norris Revocable Trust(6)
Common Stock, Par Value $0.01 Per Share								5,636	I	Catherine Houlihan-spouse(6)
Common Stock, Par Value $0.01 Per Share								28,372	I	L. C. Norris Trust(6)
Common Stock, Par Value $0.01 Per Share								28,372	I	W.H. Norris Revocable Trust(6)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Reflects a weighted average sale price of $613.1277 at prices ranging from $612.61 to $613.54 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

2. Reflects a weighted average sale price of $614.1276 at prices ranging from $613.66 to $614.61 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

3. Reflects a weighted average sale price of $615.0069 at prices ranging from $615.00 to $615.01 per share. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.

4. The reporting person is a co-trustee.

5. 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.

6. 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.

7. 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.

	/s/ Monica Brown, attorney-in-fact for Mr. John W. Norris III	07/11/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

How many Lennox International (LII) shares did John W. Norris III sell?

He sold 3,190 shares on 10 July 2025 across three transactions.

What was the average sale price for the LII insider transactions?

Weighted-average prices ranged from $613.13 to $615.01 per share.

How many LII shares does Norris still own directly after the sale?

His direct holding stands at 200,906 shares.

Does Norris hold additional LII shares indirectly?

Yes. Various trusts and a family limited partnership collectively hold over 2.9 million shares attributable to him on an indirect basis.

Was a Rule 10b5-1 trading plan used for these sales?

The filing did not indicate that the transactions were executed under a 10b5-1 plan.

Is this insider selling considered significant?

The shares sold represent roughly 1.6 % of his direct stake and are generally viewed as modestly negative but not financially material to the company.