Form 4: Lennox International Executive Sells Shares for Tax

A Lennox International executive disposed of 439 shares of common stock valued at over $219,000 to satisfy tax withholding obligations.

Summary

• Joseph Nassab, Executive Vice President and President of Building Climate Solutions at Lennox International Inc. (LII), reported a transaction.
• On December 9, 2025, Mr. Nassab disposed of 439 shares of Lennox International Common Stock.
• The shares were disposed of at a price of $500.125 per share.
• The total value of the disposed shares was $219,554.875.
• This transaction was made to satisfy tax withholding obligations, as indicated by the transaction code 'F'.
• Following this transaction, Mr. Nassab beneficially owns 7,897 shares of Lennox International Common Stock directly.

Sentiment

Score: 5

Explanation: The filing is neutral as it reports a routine insider transaction for tax withholding purposes, which is a standard part of executive compensation and does not reflect a discretionary sale or purchase based on company performance or outlook.

Future Outlook

NA

Industry Context

This is a routine insider transaction for tax purposes and does not provide specific insights into broader industry trends or competitive positioning for Lennox International Inc. It reflects standard executive compensation practices.

Stakeholder Impact

• Shareholders: This routine transaction has minimal direct impact on shareholders, as it's a standard part of executive compensation and tax planning, not a discretionary sale indicating a change in management's view of the company.

Key Dates

Keywords

Lennox International, LII, SEC Form 4, Insider Transaction, Stock Sale, Tax Withholding, Executive Compensation