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Trane Technologies (NYSE: TT) awards options and RSUs to Americas chief

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.
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).
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*
Simmons Donald E.

(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)
Group President, Americas
3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026
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 02/03/2026 A 2,010(1) A $0 5,603 D
Ordinary Shares(2) 10,135.286 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
Stock Option (Right to Buy) $435.36 02/03/2026 A 7,510 (3) 02/02/2036 Ordinary Shares 7,510 $0 7,510 D
Explanation of Responses:
1. Represents restricted stock units that vest in three (3) equal annual installments beginning on February 3, 2027.
2. Latest available information provided by the trustee of the Trane Technologies Employee Savings Plan.
3. The stock option vests in three (3) pro rata annual installments beginning on February 3, 2027.
Remarks:
/s/ Eric R. Waller, Attorney-in-Fact 02/05/2026
** 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 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.

How many Trane Technologies (TT) shares does Donald E. Simmons own after these grants?

Following the reported transactions, Simmons directly owns 5,603 ordinary shares and holds 7,510 stock options. In addition, he has an indirect beneficial interest in 10,135.286 ordinary shares held by a plan trustee, based on information from the Trane Technologies Employee Savings Plan.

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.
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