Form 4: Lennox International EVP, CFO Michael Quenzer Reports Stock Transactions
SEC Form 4 Filing
Michael Quenzer, EVP and CFO of Lennox International, reports the disposition of shares and derivative securities on October 28, 2024, according to a Form 4 filing with the SEC.
Summary
- On October 28, 2024, Michael Quenzer, the EVP and Chief Financial Officer of Lennox International Inc. (LII), reported transactions involving the company's stock.
- The transactions included the disposition of 926 shares of common stock at a price of $214.63, 915 shares at $257.08, 472 shares at $620.02 and 591 shares at $620.02.
- Following these transactions, Quenzer directly owns 2,536 shares of Lennox International Inc.
- The transactions also involved Non-qualified Stock Appreciation Rights, with 926 rights related to a price of $214.63 and 915 rights related to a price of $257.08 being disposed of.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.
Stakeholder Impact
- The reported transactions may be of interest to shareholders as they provide insight into the actions of company executives.
Key Dates
| Date | Description |
|---|---|
| 12/07/2019 | One third of the Stock Appreciation Rights became exercisable. |
| 12/13/2020 | One third of the Stock Appreciation Rights became exercisable. |
| 12/07/2021 | The entire grant of Stock Appreciation Rights became fully exercisable. |
| 12/13/2022 | The entire grant of Stock Appreciation Rights became fully exercisable. |
| 10/28/2024 | Date of stock and derivative security transactions. |
| 10/29/2024 | Date of signature on the Form 4 filing. |
| 12/07/2025 | Expiration date of Non-qualified Stock Appreciation Right. |
| 12/13/2026 | Expiration date of Non-qualified Stock Appreciation Right. |
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