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Trane Technologies (TT) Americas chief reports share award and tax withholding move

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

Rhea-AI Filing Summary

Trane Technologies plc Group President, Americas Donald E. Simmons reported equity compensation and related tax withholding in ordinary shares. On March 4, 2026, he acquired 6,652 ordinary shares at no cost through a grant/award tied to the vesting of performance share units for the 2023–2025 performance period. On the same date, 2,890 shares were disposed of at $445.05 per share to satisfy tax withholding obligations, leaving 7,581 ordinary shares held directly. He also had indirect ownership of 10,135.286 shares through the Trane Technologies Employee Savings Plan, based on information from the plan trustee, and 119 shares held via an individual retirement account.

Positive

  • None.

Negative

  • None.
Insider Simmons Donald E.
Role Group President, Americas
Type Security Shares Price Value
Grant/Award Ordinary Shares 6,652 $0.00 --
Tax Withholding Ordinary Shares 2,890 $445.05 $1.29M
holding Ordinary Shares -- -- --
holding Ordinary Shares (IRA) -- -- --
Holdings After Transaction: Ordinary Shares — 10,471 shares (Direct); Ordinary Shares — 10,135.286 shares (Indirect, By Plan Trustee); Ordinary Shares (IRA) — 119 shares (Indirect, By individual retirement account)
Footnotes (1)
  1. Represents the vesting of performance share units for the 2023-2025 performance period. Latest available information provided by the trustee of the Trane Technologies Employee Savings Plan.
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*
Simmons Donald E.

(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)
Group President, Americas
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 6,652(1) A $0 10,471 D
Ordinary Shares 03/04/2026 F 2,890 D $445.05 7,581 D
Ordinary Shares(2) 10,135.286 I By Plan Trustee
Ordinary Shares (IRA) 119 I By individual retirement account
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. Latest available information provided by the trustee of the Trane Technologies Employee Savings Plan.
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 Donald E. Simmons?

Donald E. Simmons reported a share award and tax withholding. He received 6,652 Trane Technologies ordinary shares via a grant/award and had 2,890 shares withheld at $445.05 per share to cover tax liabilities, reflecting routine equity compensation activity.

How many Trane Technologies (TT) shares does Donald E. Simmons own directly after this Form 4?

Donald E. Simmons directly holds 7,581 ordinary shares after the transactions. This direct balance reflects a 6,652-share grant/award and a 2,890-share tax-withholding disposition reported on March 4, 2026, under his role as Group President, Americas.

What indirect Trane Technologies (TT) holdings does Donald E. Simmons report?

Simmons reports indirect ownership through a savings plan and an IRA. He has 10,135.286 ordinary shares held by the Trane Technologies Employee Savings Plan trustee and 119 ordinary shares held through an individual retirement account, in addition to his directly owned shares.

Was the Trane Technologies (TT) Form 4 a market sale by Donald E. Simmons?

No, the disposition was for tax withholding, not an open-market sale. The Form 4 labels the 2,890-share transaction as a tax-withholding disposition at $445.05 per share, associated with vested performance share units, rather than a discretionary share sale.

What triggered the Trane Technologies (TT) share award to Donald E. Simmons?

The award was triggered by vesting of performance share units. Footnote disclosure explains that the 6,652 ordinary shares reflect the vesting of performance share units for the 2023–2025 performance period, granted as part of his equity-based compensation.