Trane Technologies (NYSE: TT) awards RSUs and stock options to SVP Lazar
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trane Technologies Senior Vice President Victoria Lazar received new equity awards as part of her compensation. On February 3, 2026, she was granted 919 restricted stock units of ordinary shares at no cash cost. These units will vest in three equal annual installments beginning February 3, 2027.
She was also granted a stock option to buy 3,433 ordinary shares at an exercise price of $435.36 per share, expiring February 2, 2036. This option vests in three pro rata annual installments starting February 3, 2027, aligning her long-term incentives with shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Lazar Victoria
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 3,433 | $0.00 | -- |
| Grant/Award | Ordinary Shares | 919 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 3,433 shares (Direct);
Ordinary Shares — 919 shares (Direct)
Footnotes (1)
- Represents restricted stock units that vest in three (3) equal annual installments beginning on February 3, 2027. The stock option vests in three (3) pro rata annual installments beginning on February 3, 2027.
FAQ
What equity awards did Trane Technologies (TT) grant to Victoria Lazar?
Trane Technologies granted Senior Vice President Victoria Lazar 919 restricted stock units and a stock option for 3,433 ordinary shares. The RSUs were granted at no cash cost, while the option has a $435.36 exercise price and a 2036 expiration date, aligning with long-term incentives.
When do Victoria Lazar’s Trane Technologies RSUs vest?
Victoria Lazar’s 919 restricted stock units vest in three equal annual installments beginning on February 3, 2027. This schedule spreads the award over time, encouraging continued service and long-term alignment with Trane Technologies’ performance and shareholder interests as each tranche becomes available.
What are the key terms of Victoria Lazar’s Trane Technologies stock option?
The stock option covers 3,433 ordinary shares at a $435.36 exercise price and expires on February 2, 2036. It vests in three pro rata annual installments starting February 3, 2027, meaning portions of the option become exercisable each year over that period.
Did Victoria Lazar pay cash for the Trane Technologies equity awards?
The filing shows both the 919 restricted stock units and the 3,433 stock options recorded with a transaction price of $0. This indicates the awards were granted as compensation rather than purchased in the market, a common structure for senior executive equity incentives.