STOCK TITAN

Trane Technologies (TT) director gets 438 RSUs, 112 shares for tax

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

Rhea-AI Filing Summary

Trane Technologies plc director Melissa N. Schaeffer received an equity grant tied to company stock. She was awarded 438 restricted stock units that fully vest on June 5, 2027. As part of the same event, 112 ordinary shares were delivered to cover tax liability at $456.84 per share. After these transactions, she directly owns 1,657 ordinary shares. This reflects routine stock-based compensation rather than an open-market trade.

Positive

  • None.

Negative

  • None.
Insider Schaeffer Melissa N.
Role null
Type Security Shares Price Value
Tax Withholding Ordinary Shares 112 $456.84 $51K
Grant/Award Ordinary Shares 438 $0.00 --
Holdings After Transaction: Ordinary Shares — 1,657 shares (Direct, null)
Footnotes (1)
  1. [object Object]
RSU grant 438 units Restricted stock units awarded on June 5, 2026
Tax-withholding shares 112 shares Shares delivered to cover tax liability
Tax-withholding price $456.84 per share Price used for tax-withholding disposition
Post-transaction holdings 1,657 shares Ordinary shares owned directly after transactions
Transaction date June 5, 2026 Date of grant and tax-withholding disposition
RSU vesting date June 5, 2027 Full vesting date for restricted stock units
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"
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"
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"
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*
Schaeffer Melissa N.

(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 Shares06/05/2026F112D$456.841,657D
Ordinary Shares06/05/2026A438(1)A$02,095D
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 Melissa Schaeffer report on this Form 4?

Melissa Schaeffer reported a stock-based compensation grant and related tax withholding. She received 438 restricted stock units that vest in 2027, and 112 ordinary shares were withheld to satisfy tax obligations, leaving her with 1,657 ordinary shares directly owned.

How many Trane Technologies (TT) shares did Melissa Schaeffer acquire?

She was granted 438 restricted stock units linked to Trane Technologies ordinary shares. These units represent a future right to receive shares and will fully vest on June 5, 2027, assuming applicable service or other conditions are satisfied as described.

Why were 112 Trane Technologies (TT) shares reported as disposed of?

The Form 4 shows 112 ordinary shares disposed of under code F, which indicates shares were delivered to pay tax liability. This tax-withholding disposition occurred at a reported price of $456.84 per share and does not represent an open-market sale.

What is Melissa Schaeffer’s Trane Technologies (TT) shareholding after these transactions?

Following the grant and tax-withholding disposition, Melissa Schaeffer directly owns 1,657 ordinary shares of Trane Technologies. This figure reflects her reported direct holdings after accounting for both the awarded restricted stock units and the shares used to cover tax obligations.

When do Melissa Schaeffer’s new Trane Technologies (TT) restricted stock units vest?

The footnote states the 438 restricted stock units fully vest on June 5, 2027. Vesting means she will receive the underlying ordinary shares on that date, subject to continued eligibility and the conditions associated with the award.