Trane Technologies (TT) director gets 438-share award, 112 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trane Technologies plc director John P. Surma reported routine equity compensation activity. He received 438 ordinary shares on June 5, 2026 as a grant, which the footnote describes as restricted stock units that fully vest on June 5, 2027. On the same date, 112 shares were disposed of at $456.84 per share to cover tax obligations, leaving him with 13,347 ordinary shares held directly after the transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
SURMA JOHN P
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 — 13,347 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Equity grant: 438 shares
Tax withholding shares: 112 shares
Tax withholding price: $456.84 per share
+2 more
5 metrics
Equity grant
438 shares
Grant of ordinary shares on June 5, 2026
Tax withholding shares
112 shares
Shares delivered for tax liability on June 5, 2026
Tax withholding price
$456.84 per share
Valuation for 112-share tax-withholding disposition
Post-transaction holdings
13,347 shares
Ordinary shares held directly after reported transactions
Grant vesting date
June 5, 2027
Restricted stock units fully vest on this date
Key Terms
restricted stock units, tax-withholding disposition, Grant, award, or other acquisition, Ordinary Shares, +1 more
5 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""
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Trane Technologies (TT) director John P. Surma report?
Director John P. Surma reported a routine equity compensation grant. He received 438 ordinary shares tied to restricted stock units and had 112 shares withheld to cover tax obligations, ending with 13,347 shares owned directly after these transactions.
Were John P. Surma’s Trane Technologies (TT) transactions open-market buys or sells?
The reported transactions were not open-market trades. They reflect a grant of 438 shares as equity compensation and a related tax-withholding disposition of 112 shares, rather than discretionary buying or selling of Trane Technologies stock in the open market.
What is the vesting schedule for John P. Surma’s new Trane Technologies (TT) restricted stock units?
The footnote states the grant represents restricted stock units that fully vest on June 5, 2027. This means the awarded units are scheduled to become fully vested one year after the June 5, 2026 grant date, assuming applicable vesting conditions are satisfied.