Trane Technologies (TT) Americas chief reports share award and tax withholding move
Filing Impact
Filing Sentiment
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 Trade Summary
4 transactions reported
Mixed
4 txns
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)
- 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.
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.
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.