Joseph W. Reitmeier, EVP & Chief Financial Officer at Lennox Intl (NYSE:LII), reported a large insider sell on November 6, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Reitmeier sold 25,712 shares of Lennox Intl. The total transaction amounted to $10,015,224.
Lennox Intl shares are trading down 0.0% at $385.16 at the time of this writing on Tuesday morning.
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The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an ...