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Trane Technologies (NYSE: TT) VP Elwell sells shares under 10b5-1 plan

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Trane Technologies VP & Chief Accounting Officer Elizabeth A. Elwell reported several transactions in company ordinary shares. On 02/06/2026, she sold 46 shares at a weighted average price of $451.1333, executed under a Rule 10b5-1 trading plan adopted on June 11, 2025.

She also had 32 shares on 02/06/2026 and 39 shares on 02/07/2026 withheld (code F) at $454.76 per share, typically for tax obligations tied to equity awards. After these transactions, she held 7,237 ordinary shares directly and 704.222 shares indirectly through the Trane Technologies Employee Savings Plan.

Positive

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Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Elwell Elizabeth A.

(Last) (First) (Middle)
C/O TRANE TECHNOLOGIES COMPANY LLC
800-E BEATY STREET

(Street)
DAVIDSON NC 28036

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Trane Technologies plc [ TT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
VP & Chief Accounting Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Ordinary Shares 02/06/2026 S 46(1) D $451.1333(2) 7,308 D
Ordinary Shares 02/06/2026 F 32 D $454.76 7,276 D
Ordinary Shares 02/07/2026 F 39 D $454.76 7,237 D
Ordinary Shares(3) 704.222 I By Plan Trustee
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Transaction executed pursuant to a Rule 10b5-1 Plan adopted by the reporting person on June 11, 2025.
2. This transaction was executed in multiple trades ranging from $444.70 to $454.22 per share. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
3. Latest available information provided by the trustee of the Trane Technologies Employee Savings Plan.
Remarks:
/s/ Eric R. Waller, Attorney-in-Fact 02/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transactions did Elizabeth A. Elwell report at Trane Technologies (TT)?

Elizabeth A. Elwell reported one sale and two tax-related share withholdings. She sold 46 ordinary shares on 02/06/2026 and had 32 shares on 02/06/2026 plus 39 shares on 02/07/2026 withheld, all at prices in the mid-$450 range per share.

At what prices did the Trane Technologies VP trade ordinary shares in February 2026?

The reported transactions occurred around the mid-$450s per share. The 46-share sale on 02/06/2026 used a weighted average price of $451.1333, while the 32-share and 39-share withholdings were both reported at $454.76 per ordinary share.

How many Trane Technologies shares does Elizabeth A. Elwell own after these transactions?

After the reported transactions, Elizabeth A. Elwell directly owned 7,237 ordinary shares. In addition, she indirectly held 704.222 ordinary shares through the Trane Technologies Employee Savings Plan, based on the latest information provided by the plan trustee.

What is the significance of the Rule 10b5-1 plan mentioned in Elwell’s Form 4 for TT?

The Form 4 states the sale was executed under a Rule 10b5-1 plan. That plan was adopted by Elizabeth A. Elwell on June 11, 2025, and allows pre-arranged trading instructions, helping separate trading decisions from day-to-day possession of material nonpublic information.

What roles does Elizabeth A. Elwell hold at Trane Technologies (TT)?

Elizabeth A. Elwell is an officer of Trane Technologies, serving as VP & Chief Accounting Officer. She is not listed as a director or 10% owner in this filing, but reports insider activity because of her executive officer status at the company.

What indirect Trane Technologies holdings are reported for Elizabeth A. Elwell?

The filing reports 704.222 ordinary shares held indirectly for Elwell. These shares are held "By Plan Trustee" under the Trane Technologies Employee Savings Plan, with the share amount described as the latest available information from the plan’s trustee.
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