Kosel Chris 4
4 · LENNOX INTERNATIONAL INC · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Lennox (LII) VP Chris Kosel Receives Award; 313 Shares Withheld
What Happened
Chris Kosel, Vice President — Corporate Controller and Chief Accounting Officer of Lennox International (LII), received an award of 1,284 shares on 2026-03-13 (transaction code A). To satisfy tax withholding obligations (transaction code F), 313 of those shares were surrendered/withheld at an implied value of $480.48 each, totaling $150,389. Net shares retained from the award: 971.
Key Details
- Transaction dates: reported period 2026-03-13; Form 4 filed 2026-03-16 (appears timely).
- Award: 1,284 shares acquired at $0.00 per share (typical for vested RSUs or similar awards).
- Tax withholding: 313 shares disposed/withheld at $480.48 per share for $150,389 (code F).
- Net shares added to Kosel’s holdings from this event: 971 shares (1,284 awarded minus 313 withheld).
- The filing lists the award and withholding; the Form did not state total shares owned after the transaction in the summary provided here.
- Transaction codes: A = Award/acquisition; F = Payment of tax liability (share withholding).
Context
This appears to be a routine equity award (likely vesting of restricted stock/RSUs) with shares withheld to cover taxes, not an open-market sale. Such tax-withholding dispositions are administrative and don't necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
- Award
Common Stock, Par Value $0.01 Per Share
2026-03-13+1,284→ 2,374 total - Tax Payment
Common Stock, Par Value $0.01 Per Share
2026-03-13$480.48/sh−313$150,389→ 2,061 total