Form 4: Lennox International Director John W. Norris III Reports Stock Sale and Gift Transactions

Sentiment:

SEC Form 4 Filing


Director John W. Norris III reported the sale of 1,700 shares and a gift of 1,725 shares of Lennox International stock, along with adjustments to holdings in various trusts.

Summary

  • On August 20, 2024, John W. Norris III, a director of Lennox International Inc., sold 1,700 shares of common stock at a price of $574.36 per share.
  • On August 21, 2024, Norris gifted 1,725 shares of common stock.
  • Following these transactions, Norris directly owns 219,753 shares.
  • Norris also has indirect ownership through various trusts and partnerships, including the Norris-Newman Minors Trust (1,685 shares), Norris Living Trust (214,758 shares), Norris Family Ltd. P (2,545,105 shares), B.W. Norris Revocable Trust (28,372 shares), Catherine Houlihan-spouse (5,636 shares), John W. Norris, Jr. Trust A (321,750 shares), L. C. Norris Trust (28,372 shares), and W.H. Norris Revocable Trust (28,372 shares).

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders (directors, officers, and principal stockholders) of publicly traded companies, providing transparency into their transactions in the company's stock.

Stakeholder Impact

  • The transactions may have a minor impact on shareholders due to the change in ownership by a director.

Key Dates

DateDescription
08/20/2024Sale of 1,700 shares of common stock at $574.36 per share.
08/21/2024Gift of 1,725 shares of common stock.
08/22/2024Date of signature for the Form 4 filing.

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