Trane Technologies (TT) director gets 438-share grant with 112 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trane Technologies plc director George Mark R reported compensation-related equity activity. He received 438 Ordinary Shares as a grant, described as restricted stock units that fully vest on June 5, 2027. On the same date, 112 Ordinary Shares were disposed of through a tax-withholding transaction at $456.84 per share to satisfy tax obligations, not as an open-market sale. After these transactions, he directly holds 1,657 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
George Mark R
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Ordinary Shares | 112 | $456.84 | $51K |
| Grant/Award | Ordinary Shares | 438 | $0.00 | -- |
Holdings After Transaction:
Ordinary Shares — 1,657 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 438 Ordinary Shares
Tax-withholding shares: 112 Ordinary Shares
Tax-withholding price: $456.84 per share
+2 more
5 metrics
Equity grant
438 Ordinary Shares
Grant/award acquisition on June 5, 2026
Tax-withholding shares
112 Ordinary Shares
Shares delivered for tax liability on June 5, 2026
Tax-withholding price
$456.84 per share
Value used for tax-withholding disposition
Shares held after transactions
1,657 Ordinary Shares
Direct ownership following June 5, 2026 activity
RSU vesting date
June 5, 2027
Restricted stock units fully vest on this date
Key Terms
restricted stock units, tax-withholding disposition, Ordinary Shares, Grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents restricted stock units that fully vest on June 5, 2027."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Trane Technologies (TT) director George Mark R report?
Director George Mark R reported an equity grant and a tax withholding event. He acquired 438 Ordinary Shares as a grant and had 112 shares withheld to cover taxes, leaving him with 1,657 Ordinary Shares held directly after the transactions.
Was the Trane Technologies (TT) insider activity an open-market sale or purchase?
The filing shows no open-market sale or purchase. It reports a grant of 438 Ordinary Shares and a tax-withholding disposition of 112 shares at $456.84, used to satisfy tax obligations rather than representing discretionary buying or selling in the open market.
What are the vesting terms of the restricted stock units reported by Trane Technologies (TT) director?
The equity grant represents restricted stock units that fully vest on June 5, 2027. Vesting means the director gains full ownership rights to the underlying shares on that date, assuming all conditions of the award are satisfied under the company’s compensation plan.
What does the tax-withholding disposition in the Trane Technologies (TT) Form 4 mean?
The tax-withholding disposition reflects 112 Ordinary Shares delivered to cover tax liabilities at $456.84 per share. This transaction is coded as “F,” indicating shares were used to pay taxes on the equity award rather than being sold on the open market for investment reasons.