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Trane Technologies (TT) director gets 438-share award, 112 shares withheld for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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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)
  1. [object Object]
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
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""
Ordinary Shares financial
"security_title": "Ordinary Shares""
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
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.
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SEC Form 4
FORM 4UNITED 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).
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*
SURMA JOHN P

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

(Street)
DAVIDSON NORTH CAROLINA 28036

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Trane Technologies plc [ TT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Ordinary Shares06/05/2026F112D$456.8413,347D
Ordinary Shares06/05/2026A438(1)A$013,785D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units that fully vest on June 5, 2027.
Remarks:
/s/ Eric R. Waller, Attorney-in-Fact06/09/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

How many Trane Technologies (TT) shares does John P. Surma hold after this Form 4?

After these transactions, John P. Surma directly holds 13,347 ordinary shares of Trane Technologies. This figure reflects the 438-share grant and the 112 shares disposed of for tax withholding that occurred on June 5, 2026, as reported in the filing.

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.

At what price were Trane Technologies (TT) shares used for John P. Surma’s tax withholding?

For the tax-withholding disposition, 112 ordinary shares were valued at $456.84 per share. These shares were delivered to satisfy tax liabilities associated with the equity grant, rather than being sold by Surma in an open-market transaction.