Lennox International (LII) CFO granted 805 shares; 197 withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LENNOX INTERNATIONAL INC EVP and Chief Financial Officer Michael Quenzer reported routine equity compensation activity in company stock. He received a grant of 805 shares of common stock at no cost, increasing his direct holdings before tax to 5,092 shares.
On the same date, 197 shares were disposed of at a price of $480.4775 per share to cover tax obligations related to the award, a non-market transaction coded as tax withholding. After these transactions, Quenzer directly holds 4,895 shares of Lennox common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Quenzer Michael
Role
EVP, Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, Par Value $0.01 Per Share | 805 | $0.00 | -- |
| Tax Withholding | Common Stock, Par Value $0.01 Per Share | 197 | $480.4775 | $95K |
Holdings After Transaction:
Common Stock, Par Value $0.01 Per Share — 5,092 shares (Direct)
Footnotes (1)
FAQ
What insider transactions did Lennox International (LII) CFO Michael Quenzer report?
Lennox International CFO Michael Quenzer reported receiving a grant of 805 common shares and a related tax-withholding disposition of 197 shares. These actions reflect routine equity compensation and tax settlement, rather than open-market buying or selling activity by the executive.
Was the Lennox International (LII) CFO’s Form 4 a stock purchase or sale?
The Form 4 shows an equity grant and tax withholding, not open-market trades. Quenzer received 805 shares as an award, while 197 shares were disposed of at $480.4775 per share solely to satisfy tax obligations associated with that compensation.
What does transaction code A mean in the Lennox International (LII) Form 4?
Transaction code A in this Form 4 indicates a grant, award, or other acquisition of stock. Michael Quenzer received 805 shares of Lennox common stock at no cost, reflecting standard executive equity compensation rather than a purchased position in the open market.
What does transaction code F indicate in the Lennox International (LII) insider filing?
Transaction code F denotes a disposition of shares to pay an exercise price or tax liability. In this case, 197 shares of Lennox common stock were delivered at $480.4775 per share to satisfy tax obligations related to the CFO’s stock award.