Monica M. Brown, EVP and Chief Legal Officer of Lennox International Inc, filed a Form 4 on November 6, 2026, disclosing two transactions in common stock on November 5, 2026, involving the exercise of stock appreciation rights and a same-day open-market disposition.

Key Highlights

  • Reporting person: Monica M. Brown, EVP and Chief Legal Officer of Lennox International Inc (NYSE:LII)
  • SAR exercise: Brown exercised 831 non-qualified stock appreciation rights (transaction code M) at a conversion price of $257.08 on November 5, 2026
  • Shares disposed: 663 shares of common stock were disposed of (transaction code D) at $351.04 per share on November 5, 2026
  • Post-disposal ownership: Brown directly held 1,971 shares of common stock following both reported transactions
  • SAR balance: Following the exercise, Brown held 0 of the referenced non-qualified stock appreciation rights
  • SAR grant details: According to the filing, one-third of the stock appreciation rights became exercisable on December 13, 2020, and each year thereafter, with the entire grant becoming fully exercisable on December 13, 2022

Brown's November 2026 SAR Exercise and Share Disposition at Lennox International

According to the filing, Monica M. Brown, who serves as EVP and Chief Legal Officer at Lennox International Inc, a provider of climate-control products, exercised 831 non-qualified stock appreciation rights on November 5, 2026. The conversion price of the derivative security was $257.08. Following that exercise, the filing shows Brown's direct beneficial ownership of common stock stood at 2,634 shares before the subsequent disposal transaction.

Also on November 5, 2026, the filing reports that Brown disposed of 663 shares of common stock, par value $0.01 per share, at a price of $351.04 per share (transaction code D). After that disposition, Brown's direct beneficial ownership of Lennox International common stock was reported as 1,971 shares. The stock appreciation rights exercised in the first transaction carried an expiration date of December 13, 2026, and the filing notes that the grant became fully exercisable on December 13, 2022, following annual vesting that began December 13, 2020.

The Form 4 was signed by Jennifer S. Perry as attorney-in-fact for Monica M. Brown and filed on November 6, 2026. The filing does not indicate that either transaction was made pursuant to a Rule 10b5-1 trading plan, as the corresponding checkbox on the form was not checked.

What Was Disclosed

Lennox International EVP and Chief Legal Officer Monica M. Brown disclosed the exercise of 831 stock appreciation rights and the disposal of 663 common shares on November 5, 2026, leaving her with a direct beneficial ownership of 1,971 shares, according to the Form 4 filed November 6, 2026.