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Trane Technologies (NYSE: TT) awards SVP new restricted stock units and options

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

Rhea-AI Filing Summary

Trane Technologies plc Senior Vice President Mauro Atalla reported equity awards granted on February 3, 2026. He received 977 Ordinary Shares in the form of restricted stock units at a price of $0, bringing his directly held Ordinary Shares to 2,792 after the transaction.

He was also granted a stock option for 3,648 Ordinary Shares at an exercise price of $435.36 per share, expiring on February 2, 2036. Both the restricted stock units and the stock option vest in three equal annual installments beginning on February 3, 2027.

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Insights

Routine equity awards to Trane Technologies SVP, with multi-year vesting.

Senior Vice President Mauro Atalla received 977 restricted stock units and a stock option for 3,648 Ordinary Shares at an exercise price of $435.36 per share. These are non-cash grants intended to align executive compensation with long-term share performance.

Both awards vest in three equal annual installments starting on February 3, 2027, which encourages continued service and long-term focus. Following the grant, Atalla directly holds 2,792 Ordinary Shares, while the options provide potential additional ownership if exercised in the future.

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*
Atalla Mauro

(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)
Senior Vice President
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 977(1) A $0 2,792 D
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 3,648 (2) 02/02/2036 Ordinary Shares 3,648 $0 3,648 D
Explanation of Responses:
1. Represents restricted stock units that vest in three (3) equal annual installments beginning on February 3, 2027.
2. 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 did Trane Technologies (TT) insider Mauro Atalla report on this Form 4?

Mauro Atalla, a Senior Vice President at Trane Technologies, reported receiving equity compensation on February 3, 2026. The filing shows grants of restricted stock units and stock options tied to Ordinary Shares, with structured vesting over several years to support long-term alignment.

How many Trane Technologies (TT) shares were granted to Mauro Atalla?

Mauro Atalla received 977 Ordinary Shares in the form of restricted stock units at a price of $0. After this grant, he directly owns 2,792 Ordinary Shares, reflecting his updated beneficial ownership position as disclosed in the Form 4 filing.

What stock options did Mauro Atalla receive from Trane Technologies (TT)?

He received a stock option covering 3,648 Ordinary Shares with an exercise price of $435.36 per share. The option is exercisable through February 2, 2036, giving him the right, but not the obligation, to purchase shares at that price if he chooses.

What is the vesting schedule for Mauro Atalla’s Trane Technologies (TT) restricted stock units?

The 977 restricted stock units granted to Mauro Atalla vest in three equal annual installments. Vesting begins on February 3, 2027, meaning one-third of the units vest each year over three years, subject to the applicable award terms.

How do Mauro Atalla’s Trane Technologies (TT) stock options vest?

The 3,648-share stock option vests in three pro rata annual installments starting on February 3, 2027. Each year, one-third of the option becomes exercisable, aligning potential share acquisition with continued service and long-term company performance.

What is Mauro Atalla’s direct share ownership in Trane Technologies (TT) after this Form 4?

After the reported equity grant, Mauro Atalla directly owns 2,792 Ordinary Shares of Trane Technologies. This figure reflects his beneficial ownership of non-derivative shares following the February 3, 2026 transactions reported in the Form 4.
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