Lennox EVP Nassab gets 1,847 SARs, 767 shares
Lennox International executive Joseph Nassab, EVP & President, Building Climate Solutions, reported new equity awards.
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Non-qualified Stock Appreciation Right | 1,847 | $0.00 | $0.00 |
| Grant/Award | Common Stock, Par Value $0.01 Per Share | 767 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
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What stock awards did Lennox (LII) EVP Joseph Nassab report?
What are the terms of Joseph Nassab’s new stock appreciation rights at Lennox (LII)?
When do Joseph Nassab’s Lennox (LII) stock appreciation rights fully vest?
Is Joseph Nassab’s Lennox (LII) Form 4 transaction a purchase or a grant?
What role does Joseph Nassab hold at Lennox (LII) in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.