Director at Trane Technologies (NYSE: TT) reports 438-share grant and 224-share tax withholding
Filing Impact
Filing Sentiment
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 Trade Summary
2 transactions reported
Mixed
2 txns
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)
- [object Object]
Key Figures
Equity grant: 438 Ordinary Shares
Tax withholding shares: 224 Ordinary Shares
Post-transaction holdings: 8,755 Ordinary Shares
+2 more
5 metrics
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
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
"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.
Grant, award, or other acquisition financial
"transaction_code_description: "Grant, award, or other acquisition" for the 438-share grant."
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.
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.