Trane Technologies (NYSE: TT) awards SVP new restricted stock units and options
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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 3,648 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 977 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted stock units that vest in three (3) equal annual installments beginning on February 3, 2027.
- F2. The stock option vests in three (3) pro rata annual installments beginning on February 3, 2027.
FAQ
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