Sessa Daniel M 4

What Happened

• Daniel M. Sessa, EVP & Chief HR Officer of Lennox International (LII), received equity awards on 2026-02-02: 738 shares reported as acquired at $0.00 and 1,776 derivative shares (stock appreciation rights, SARs) also reported at $0.00. The grants are reported as awards (transaction code A) and reflect compensation, not an open‑market purchase.

Key Details

• Transaction date: 2026-02-02; Form 4 filed: 2026-02-04 (timely, within the usual 2‑business‑day reporting window).
• Award specifics: 738 shares @ $0.00 (acquired); 1,776 SARs @ $0.00 (acquired; derivative).
• Shares owned after transaction: not specified in this filing.
• Footnote: F1 — One‑third of the SARs become exercisable on 02/02/2027 and each year thereafter; fully exercisable on 02/02/2029.
• Transaction code: A (award/grant). No sale or cash purchase reported.

Context

• The 1,776 units are stock appreciation rights (SARs), a form of derivative compensation that vests over time per the footnote; they do not represent immediately tradable shares until exercised/settled under the plan. Such awards are typical executive compensation and shouldn't be interpreted alone as a market buy/sell signal.