Daniel M. Sessa, EVP and Chief HR Officer of Lennox International Inc (NYSE:LII), filed a Form 4 on November 10, 2026, reporting three transactions in company common stock on November 9, 2026, including the exercise of non-qualified Stock Appreciation Rights and subsequent share dispositions.

Key Highlights

  • SAR exercise: Sessa exercised 5,058 non-qualified Stock Appreciation Rights with a conversion price of $257.08, acquiring 5,058 shares of common stock on November 9, 2026.
  • Tax-related disposition: 4,229 shares were disposed of on November 9, 2026 at a price of $352.335 per share, coded as a disposition (D).
  • Open-market sale: An additional 829 shares were sold on November 9, 2026 at $353.165 per share, coded as a sale (S).
  • Resulting ownership: Following all three transactions, Sessa directly beneficially owned 34,640 shares of common stock.
  • SAR expiration: The exercised SARs carried an expiration date of December 13, 2026, with the full grant having become exercisable on December 13, 2022, according to the filing.
  • No remaining SARs: After the exercise, Sessa held zero of these non-qualified Stock Appreciation Rights.

Sessa's November 2026 SAR Exercise and Share Transactions at Lennox International

According to the Form 4 filed with the SEC, Daniel M. Sessa, who serves as Executive Vice President and Chief HR Officer of Lennox International Inc, reported three transactions on November 9, 2026. The filing was signed by Monica M. Brown as attorney-in-fact for Daniel M. Sessa on November 10, 2026.

The first transaction was the exercise of 5,058 non-qualified Stock Appreciation Rights (SARs) at a conversion price of $257.08 per share, coded as an M (exercise of in-the-money or at-the-money derivative) transaction. The filing's explanation of responses notes that one third of these SARs became exercisable on December 13, 2020 and each year thereafter, with the entire grant becoming fully exercisable on December 13, 2022. The SARs carried an expiration date of December 13, 2026, and the price of the derivative security at exercise was reported as $0. Following the exercise, Sessa's direct beneficial ownership stood at 39,698 shares before subsequent dispositions.

The second transaction, coded D, involved the disposal of 4,229 shares at $352.335 per share, reducing direct holdings to 35,469 shares. The third transaction, coded S (an open-market sale), involved the sale of 829 shares at $353.165 per share. After all three transactions, the filing reports Sessa directly beneficially owned 34,640 shares of Lennox International common stock, par value $0.01 per share. No indirect ownership was reported.

What Was Disclosed

The filing disclosed three November 9, 2026 transactions by Lennox International's EVP and Chief HR Officer: an exercise of 5,058 SARs at $257.08, a disposal of 4,229 shares at $352.335, and a sale of 829 shares at $353.165, leaving direct beneficial ownership of 34,640 shares.