Vander Ark Jon 4
Research Summary
AI-generated summary
Lennox (LII) Director Jon Vander Ark Receives 343-Share Award
What Happened
- Jon Vander Ark, a director of Lennox International (LII), was granted 343 shares on 2026-05-21. The Form 4 reports the acquisition as an award (code A) at $0.00 per share (total reported value $0), consistent with a stock grant or restricted stock/RSU award rather than a cash purchase.
Key Details
- Transaction date: 2026-05-21; reported on Form 4 filed 2026-05-26.
- Transaction type/code: Award/Grant (A).
- Shares acquired: 343 shares at reported price $0.00 (total $0 on the filing).
- Shares owned after transaction: Not specified in the provided filing details.
- Timeliness: Filed 2026-05-26; based on the transaction and U.S. business-day timing (May 25 was a holiday), this filing appears to meet the 2-business-day Form 4 deadline.
- No footnotes, tax-withholding, 10b5-1 plan, or sale reported in the provided data.
Context
- Award grants to directors are a common form of compensation and do not by themselves indicate the insider’s view on the company’s near-term performance. Because this was an award (not a market purchase or sale), it involved no cash outlay by the insider at grant time.