Quenzer Michael 4

What Happened
Michael Quenzer, Chief Financial Officer of Lennox International (LII), was granted compensation on 2026-02-02 consisting of 885 shares of common stock and 2,131 stock appreciation rights (SARs). Both awards were reported at $0.00 per share on the Form 4 (typical for grants), so there was no cash outlay by Quenzer. This is an equity compensation award (not an open-market purchase or sale).

Key Details

• Transaction date: 2026-02-02; filing date: 2026-02-04 (timely).
• Awards: 885 shares of common stock (grant) and 2,131 SARs (derivative award); reported price $0.00.
• Shares owned after transaction: not specified in the provided summary of the filing.
• Footnote: One-third of the SARs become exercisable on 02/02/2027 and on each anniversary thereafter; fully exercisable on 02/02/2029.
• Filing status: Timely Form 4 (no late filing indicated).

Context
These grants are typical executive compensation intended for retention and incentive; they are not market purchases or sales. SARs are a derivative award that pay the holder the appreciation in the stock price (in cash or shares) when exercised, subject to the vesting schedule above. For retail investors, awards signal company compensation decisions but do not alone indicate insider buying conviction.