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Trane Technologies (NYSE: TT) CEO granted shares with tax withholding move

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Trane Technologies plc Chair and CEO David S. Regnery reported equity compensation activity in the form of ordinary shares. On March 4, 2026, he acquired 63,730 ordinary shares at a stated price of $0.00 per share from the vesting of performance share units for the 2023–2025 period, increasing his directly held stake. On the same date, 27,685 ordinary shares were disposed of in a tax-withholding transaction at $445.05 per share to satisfy tax obligations related to the award, a non–open-market disposition. After these transactions, he directly owned 132,993.12 ordinary shares. Separately, 24,500 ordinary shares were reported as held indirectly through a revocable trust established by his spouse, who is the sole trustee and beneficiary.

Positive

  • None.

Negative

  • None.
Insider Regnery David S
Role Chair and CEO
Type Security Shares Price Value
Grant/Award Ordinary Shares 63,730 $0.00 --
Tax Withholding Ordinary Shares 27,685 $445.05 $12.32M
holding Ordinary Shares (Trust) -- -- --
Holdings After Transaction: Ordinary Shares — 160,678.12 shares (Direct); Ordinary Shares (Trust) — 24,500 shares (Indirect, By Revocable Trust)
Footnotes (1)
  1. Represents the vesting of performance share units for the 2023-2025 performance period. Shares held by a revocable trust established by the reporting person's spouse, of which trust the reporting person's spouse is the sole trustee and sole beneficiary.
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*
Regnery David S

(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)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chair and CEO
3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026
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 03/04/2026 A 63,730(1) A $0 160,678.12 D
Ordinary Shares 03/04/2026 F 27,685 D $445.05 132,993.12 D
Ordinary Shares (Trust) 24,500(2) I By Revocable Trust
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
Explanation of Responses:
1. Represents the vesting of performance share units for the 2023-2025 performance period.
2. Shares held by a revocable trust established by the reporting person's spouse, of which trust the reporting person's spouse is the sole trustee and sole beneficiary.
Remarks:
/s/ Eric R. Waller, Attorney-in-Fact 03/06/2026
** 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 insider transactions did Trane Technologies (TT) report for David S. Regnery?

Trane Technologies reported that Chair and CEO David S. Regnery received an equity award and a related tax-withholding share disposition. The filing shows both an acquisition of ordinary shares and a non–open-market share disposition to cover taxes.

How many Trane Technologies (TT) shares did the CEO acquire in this Form 4?

David S. Regnery acquired 63,730 ordinary shares of Trane Technologies. These shares came from the vesting of performance share units for the 2023–2025 performance period, representing equity compensation rather than an open-market purchase.

Why were 27,685 Trane Technologies (TT) shares disposed of in the Form 4?

The Form 4 shows 27,685 ordinary shares disposed of in a tax-withholding transaction at $445.05 per share. This disposition satisfied exercise price or tax liability by delivering shares, rather than being an open-market sale.

What is David S. Regnery’s direct Trane Technologies (TT) share ownership after these transactions?

After the reported transactions, David S. Regnery directly owned 132,993.12 ordinary shares of Trane Technologies. This figure reflects both the vested performance share units and the shares disposed of for tax-withholding purposes on the transaction date.

How many Trane Technologies (TT) shares are reported as held through a trust?

The filing reports 24,500 ordinary shares held indirectly by a revocable trust established by David S. Regnery’s spouse. His spouse is described as the sole trustee and sole beneficiary of this trust, which holds Trane Technologies shares.

Was the Trane Technologies (TT) CEO’s share disposal an open-market sale?

No. The disposal of 27,685 ordinary shares was coded as a tax-withholding transaction. It represents payment of exercise price or tax liability by delivering securities, not a discretionary open-market sale of Trane Technologies shares.