STOCK TITAN

Director at Trane Technologies (NYSE: TT) reports 438-share grant and 224-share tax withholding

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

Rhea-AI Filing Summary

Trane Technologies plc director Lee Myles P reported a routine equity compensation grant and related tax withholding. On June 5, 2026, he received 438 Ordinary Shares as a grant at no cost, representing restricted stock units that fully vest on June 5, 2027. On the same date, 224 Ordinary Shares were withheld at $456.84 per share to cover tax obligations, leaving him with 8,755 Ordinary Shares held directly after these transactions.

Positive

  • None.

Negative

  • None.
Insider Lee Myles P
Role null
Type Security Shares Price Value
Tax Withholding Ordinary Shares 224 $456.84 $102K
Grant/Award Ordinary Shares 438 $0.00 --
Holdings After Transaction: Ordinary Shares — 8,755 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Equity grant 438 Ordinary Shares Grant at $0.00 per share on June 5, 2026
Tax withholding shares 224 Ordinary Shares Withheld at $456.84 per share on June 5, 2026
Post-transaction holdings 8,755 Ordinary Shares Shares held directly after reported transactions
RSU vesting date June 5, 2027 Restricted stock units fully vest on this date
Tax withholding value per share $456.84 per share Price applied to 224 withheld shares
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
"transaction_action: "tax-withholding disposition" for 224 Ordinary Shares."
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.
Ordinary Shares financial
"security_title: "Ordinary Shares" in both non-derivative transactions."
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for the 438-share grant."
See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
SEC Form 4
FORM 4UNITED 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*
Lee Myles P

(Last)(First)(Middle)
C/O TRANE TECHNOLOGIES COMPANY LLC
800-E BEATY STREET

(Street)
DAVIDSON NORTH CAROLINA 28036

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Trane Technologies plc [ TT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Ordinary Shares06/05/2026F224D$456.848,755D
Ordinary Shares06/05/2026A438(1)A$09,193D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units that fully vest on June 5, 2027.
Remarks:
/s/ Eric R. Waller, Attorney-in-Fact06/09/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did Trane Technologies (TT) director Lee Myles P report in this Form 4?

He reported a routine equity compensation event: a grant of 438 Ordinary Shares tied to restricted stock units and a separate withholding of 224 shares for taxes, leaving him with 8,755 Ordinary Shares held directly afterward.

How many Trane Technologies (TT) shares did the director receive in the grant?

He received 438 Ordinary Shares as a grant at a price of $0.00 per share. These shares represent restricted stock units that are scheduled to fully vest on June 5, 2027, rather than an open-market purchase.

When do the reported restricted stock units for Trane Technologies (TT) vest?

The filing states the restricted stock units represented by the 438-share grant fully vest on June 5, 2027. This means the director’s right to the underlying Ordinary Shares becomes fully earned on that future date.

What is the 224-share transaction in the Trane Technologies (TT) Form 4?

The 224 Ordinary Shares were disposed of as a tax-withholding transaction at $456.84 per share. This was not an open-market sale but shares withheld to satisfy tax liabilities associated with the equity compensation.

How many Trane Technologies (TT) shares does the director hold after these transactions?

After the grant and tax withholding, the director directly holds 8,755 Ordinary Shares. This figure reflects his position immediately following the reported June 5, 2026 compensation-related transactions in the Form 4.

Was there any open-market buying or selling of Trane Technologies (TT) shares in this Form 4?

No open-market buying or selling is reported. The Form 4 shows a share grant at no cost and a tax-withholding disposition, which are compensation and tax events rather than discretionary market trades.