Lennox (NYSE: LII) EVP receives shares and 1,776 SAR grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Lennox International executive Daniel M. Sessa, EVP and Chief HR Officer, reported new equity awards. On February 2, 2026, he acquired 738 shares of common stock at $0, bringing his directly held common stock to 31,781 shares. He was also granted a non-qualified stock appreciation right covering 1,776 shares with an exercise price of $493.09. One third of this right becomes exercisable on February 2, 2027 and annually thereafter, and the full grant becomes exercisable on February 2, 2029, leaving him with 1,776 such derivative securities directly beneficially owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Sessa Daniel M
Role
EVP, Chief HR Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Appreciation Right | 1,776 | $0.00 | -- |
| Grant/Award | Common Stock, Par Value $0.01 Per Share | 738 | $0.00 | -- |
Holdings After Transaction:
Non-qualified Stock Appreciation Right — 1,776 shares (Direct);
Common Stock, Par Value $0.01 Per Share — 31,781 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Lennox International (LII) report for Daniel M. Sessa?
Lennox International reported that EVP and Chief HR Officer Daniel M. Sessa received equity awards on February 2, 2026. He acquired 738 common shares at $0 and a non-qualified stock appreciation right over 1,776 shares.
What are the key terms of Daniel M. Sessa’s stock appreciation right at Lennox (LII)?
Daniel M. Sessa received a non-qualified stock appreciation right over 1,776 shares with an exercise price of $493.09. One third vests on February 2, 2027 and each year thereafter, becoming fully exercisable on February 2, 2029.
Is the stock appreciation right granted to Lennox (LII) EVP Daniel M. Sessa currently exercisable?
The stock appreciation right is not yet fully exercisable. Footnotes state that one third becomes exercisable on February 2, 2027 and each year thereafter, with the entire grant becoming fully exercisable on February 2, 2029.
What type of ownership does Daniel M. Sessa report for his Lennox (LII) equity awards?
Both the 738 common shares and the 1,776 non-qualified stock appreciation rights are reported as held with direct ownership. No indirect ownership entities or special ownership descriptions are indicated in the transaction details provided.