Quenzer Michael 4

What Happened
Michael Quenzer, CFO of Lennox International (LII), was granted 805 shares (award, code A) on March 13, 2026. To satisfy tax withholding related to the award (code F), 197 of those shares were surrendered/ disposed at $480.48 per share, for a total withholding value of $94,654. The award shows an acquisition at $0.00 per share (i.e., no purchase price).

Key Details

• Transaction date: 2026-03-13 (reported on Form 4 filed 2026-03-16).
• Award: 805 shares granted (code A) at $0.00.
• Tax withholding: 197 shares disposed (code F) at $480.48 each; total value $94,654.
• Shares owned after transaction: not specified in the provided filing summary.
• Filing timeliness: Form 4 filed March 16, 2026 (appears timely).
• Notable: Code F indicates shares were surrendered to satisfy tax liability (withholding), not an open-market sale.

Context
This is a standard equity award plus tax-withholding transaction. Receiving an award is an acquisition of company stock (often via RSUs or restricted shares); the withholding of shares to cover taxes is a routine administrative step (cashless withholding) and does not necessarily indicate a buy/sell decision by the insider.