secwatch.observer — SEC 8-K summary
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Issuer:     LENNOX INTERNATIONAL INC (LII)
CIK:        0001069202
Form:       8-K
Filed at:   2026-09-18T20:54:33+00:00
Accession:  0001069202-26-000091
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Lennox adopts updated long-term incentive award agreement for VP and above
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- On Sept 16, 2026, Compensation Committee approved new form of Long-Term Incentive Award Agreement for VP and above under 2019 Equity Plan.
- Agreement governs RSUs, PSUs, and stock appreciation rights for executive officers, with vesting and exercise schedules updated.
- Retirement eligibility criteria in agreement: age 65+, or age 60+ with 10 years service, or age+years=75.
- Change in control provisions specify vesting at target or actual performance levels and conditions for qualifying replacement awards.
- Noncompete and nonsolicitation covenants apply for one year post-termination, with rescission and repayment of gains on breach.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1069202/000106920226000091/0001069202-26-000091-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1069202/000106920226000091/lii-20260916.htm
  HTML page:      https://secwatch.observer/filing/0001069202-26-000091

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