Trane Technologies (NYSE: TT) director gets 438-share award; 112 withheld
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Director Arnold Kirk E of Trane Technologies plc received a grant of 438 Ordinary Shares on June 5, 2026 at $0.00 per share as a stock award. A related footnote states this represents restricted stock units that fully vest on June 5, 2027.
On the same date, 112 Ordinary Shares were disposed of at $456.84 per share to cover tax obligations, a routine tax-withholding disposition rather than an open-market sale. After these transactions, the director directly owns 5,970 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Arnold Kirk E
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 — 5,970 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Stock award: 438 Ordinary Shares
Tax-withheld shares: 112 Ordinary Shares
Tax-withholding price: $456.84 per share
+2 more
5 metrics
Stock award
438 Ordinary Shares
Grant on June 5, 2026
Tax-withheld shares
112 Ordinary Shares
Withheld for taxes at $456.84 per share
Tax-withholding price
$456.84 per share
Price used for 112-share tax disposition
Post-transaction holdings
5,970 Ordinary Shares
Direct ownership after June 5, 2026 transactions
RSU vesting date
June 5, 2027
Restricted stock units fully vest
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
"Payment of exercise price or tax liability by delivering securities"
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) report for Arnold Kirk E?
Trane Technologies reported that director Arnold Kirk E received a grant of 438 Ordinary Shares and had 112 shares withheld for taxes. These transactions occurred on June 5, 2026 and reflect routine equity compensation and related tax withholding, not open-market trading activity.
What is the vesting schedule for the reported Trane Technologies (TT) award?
A footnote states the reported award represents restricted stock units that fully vest on June 5, 2027. This means the director’s right to the underlying shares becomes fully non-forfeitable on that date, reinforcing a multi-year alignment with shareholder interests and company performance.