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Lennox International (NYSE: LII) EVP Nassab granted 1,847 SARs and 767 shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Lennox International executive Joseph Nassab, EVP & President, Building Climate Solutions, reported new equity awards. On 02/02/2026, he acquired 767 shares of common stock at a reported price of $0, bringing his directly held common stock to 8,664 shares.

He was also granted a non-qualified stock appreciation right covering 1,847 shares with an exercise price of $493.09 per share. According to the vesting schedule, one third of these rights become exercisable on 02/02/2027 and each year thereafter, with the entire grant fully exercisable by 02/02/2029.

Positive

  • None.

Negative

  • None.
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).
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*
Nassab Joseph

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP & Pres., Bldg Climate Sol.
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
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 02/02/2026 A 767 A $0 8,664 D
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
Non-qualified Stock Appreciation Right $493.09 02/02/2026 A 1,847 02/02/2027(1) 02/02/2033 Common Stock, Par Value $0.01 Per Share 1,847 $0 1,847 D
Explanation of Responses:
1. One third of the Stock Appreciation Rights will become exercisable on 02/02/2027 and each year thereafter. The entire grant will become fully exercisable on 02/02/2029.
/s/ Monica M. Brown, attorney-in-fact for Mr. Joseph Nassab 02/04/2026
** 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

What stock awards did Lennox (LII) EVP Joseph Nassab report?

Joseph Nassab reported receiving 767 Lennox common shares at a reported price of $0 and a non-qualified stock appreciation right over 1,847 shares at an exercise price of $493.09 per share, all held directly according to the Form 4.

How many Lennox (LII) shares does Joseph Nassab own after this Form 4?

After the reported transaction on 02/02/2026, Joseph Nassab directly owns 8,664 shares of Lennox common stock. This figure reflects his holdings following the acquisition of 767 additional shares reported at a price of $0 per share.

What are the terms of Joseph Nassab’s new stock appreciation rights at Lennox (LII)?

Nassab received non-qualified stock appreciation rights covering 1,847 Lennox shares with a $493.09 exercise price. One third becomes exercisable on 02/02/2027 and each year thereafter, with the entire grant fully exercisable by 02/02/2029, subject to continued eligibility.

When do Joseph Nassab’s Lennox (LII) stock appreciation rights fully vest?

The stock appreciation rights granted to Joseph Nassab begin vesting on 02/02/2027, with one third vesting each year. The filing states the entire 1,847-unit grant becomes fully exercisable on 02/02/2029, assuming vesting conditions are met through that date.

Is Joseph Nassab’s Lennox (LII) Form 4 transaction a purchase or a grant?

The Form 4 shows equity grants rather than open-market purchases. Nassab acquired 767 common shares at a reported price of $0 and received a non-qualified stock appreciation right over 1,847 shares at a $493.09 exercise price, typical of compensation awards.

What role does Joseph Nassab hold at Lennox (LII) in this Form 4?

In the Form 4, Joseph Nassab is identified as an officer of Lennox International, serving as Executive Vice President and President, Building Climate Solutions. The reported equity awards relate to his position as a senior executive of the company.
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Building Products & Equipment
Air-cond & Warm Air Heatg Equip & Comm & Indl Refrig Equip
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