Trane Technologies (NYSE: TT) awards options and RSUs to Americas chief
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trane Technologies executive Donald E. Simmons, Group President, Americas, received equity awards on February 3, 2026. He was granted 2,010 restricted stock units that vest in three equal annual installments beginning on February 3, 2027. He was also granted a stock option for 7,510 ordinary shares at an exercise price of $435.36 per share, vesting in three pro rata annual installments beginning on February 3, 2027.
After these transactions, Simmons directly holds 5,603 ordinary shares and 7,510 stock options, and indirectly holds 10,135.286 ordinary shares through a plan trustee.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Simmons Donald E.
Role
Group President, Americas
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 7,510 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 2,010 | $0.00 | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 7,510 shares (Direct);
Ordinary Shares — 5,603 shares (Direct);
Ordinary Shares — 10,135.286 shares (Indirect, By Plan Trustee)
Footnotes (1)
- Represents restricted stock units that vest in three (3) equal annual installments beginning on February 3, 2027. Latest available information provided by the trustee of the Trane Technologies Employee Savings Plan. The stock option vests in three (3) pro rata annual installments beginning on February 3, 2027.
FAQ
What equity awards did Donald E. Simmons receive from Trane Technologies (TT)?
Donald E. Simmons received 2,010 restricted stock units and a stock option for 7,510 ordinary shares. Both grants were made on February 3, 2026, and are structured to vest over three annual installments starting in 2027, aligning his compensation with longer-term company performance.
How do the restricted stock units granted to Simmons vest at Trane Technologies (TT)?
The 2,010 restricted stock units vest in three equal annual installments beginning on February 3, 2027. This means one-third of the units are scheduled to convert into ordinary shares each year, over three years, subject to the award terms and any continued service requirements.
What are the terms of Donald E. Simmons’ stock option grant at Trane Technologies (TT)?
Simmons received a stock option covering 7,510 ordinary shares with an exercise price of $435.36 per share. The option vests in three pro rata annual installments starting February 3, 2027, and is scheduled to expire on February 2, 2036, if not exercised earlier under its terms.
What does the indirect ownership "By Plan Trustee" mean in Simmons’ Trane Technologies (TT) filing?
The indirect ownership labeled "By Plan Trustee" refers to 10,135.286 ordinary shares held in the Trane Technologies Employee Savings Plan. These shares are held by a plan trustee on behalf of participants, and the amount reflects the latest information provided by the plan’s trustee for Simmons’ account.
When do Simmons’ new Trane Technologies (TT) equity awards begin vesting?
Both the restricted stock units and the stock option begin vesting on February 3, 2027. The RSUs vest in three equal annual installments, while the stock option vests in three pro rata annual installments, creating a multi-year incentive period tied to continued service and company performance.