Form 4: Lennox International Director Reports Trust-Related Share Transfers

John W. Norris III, a Director at Lennox International Inc., filed a Form 4 detailing the transfer of common stock shares between various family trusts, resulting in a net change in indirect beneficial ownership.

Summary

• John W. Norris III, a Director of Lennox International Inc. (LII), reported changes in his beneficial ownership of common stock.
• On July 25, 2025, 41,977 shares of common stock were disposed of from the Norris Living Trust.
• Concurrently, 9,386 shares were acquired by the Norris Marital Trust Exempt, 32,000 shares by the Norris Marital Trust Non-Exempt, and 197 shares by the Norris Childs Trust fbo John W. Norris III, all received from the Norris Living Trust.
• All reported transactions were non-market transfers (code 'J') with a price of $0 per share, indicating trust distributions and receipts.
• Following these transactions, John W. Norris III's direct beneficial ownership stands at 178,577 shares.
• Indirect beneficial ownership includes 5,876 shares via Norris Living Trust, 27,866 shares via Norris Marital Trust Exempt, 178,835 shares via Norris Marital Trust Non-Exempt, 727 shares via Norris Childs Trust fbo John W. Norris III, 107,250 shares via JWN III Trust A, 1,685 shares via Norris-Newman Minors Trust, 2,545,105 shares via Norris Family Ltd. P, 28,372 shares via B.W. Norris Revocable Trust, 5,636 shares via Catherine Houlihan-spouse, 28,372 shares via L. C. Norris Trust, and 28,372 shares via W.H. Norris Revocable Trust.
• The reporting person disclaims beneficial ownership for many of these indirect holdings, except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing reports non-market, trust-related transfers of shares, which are generally not indicative of a positive or negative view on the company's prospects by the insider.

Future Outlook

The filing does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions and does not provide broader industry context or trends. It specifically relates to the personal holdings of a director at Lennox International Inc., a company operating in the climate control solutions industry.

Related Party Transactions

• The reported transactions involve transfers of shares between various trusts (e.g., Norris Living Trust, Norris Marital Trust, Norris Childs Trust, Norris Family Limited Partnership) where the reporting person, John W. Norris III, serves as a co-trustee or holds a pecuniary interest, indicating related party dealings.

Stakeholder Impact

• Shareholders: The filing provides transparency regarding a director's indirect and direct holdings, but the non-market nature of the transactions means there is no direct impact on the company's outstanding shares or market liquidity from these specific transfers.

Key Dates

Keywords

Lennox International Inc., LII, SEC Form 4, Insider Trading, Beneficial Ownership, Trust Transfers, Director Holdings, Equity Securities