Trane Technologies (TT) director gets 438 RSUs, 112 shares for tax
Filing Impact
Filing Sentiment
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 Trade Summary
2 transactions reported
Mixed
2 txns
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)
- [object Object]
Key Figures
RSU grant: 438 units
Tax-withholding shares: 112 shares
Tax-withholding price: $456.84 per share
+3 more
6 metrics
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
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"
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"
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.
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.