Trane Technologies (NYSE: TT) awards RSUs and stock options to SVP Lazar

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.

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

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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^*

Lazar Victoria

(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)
	Senior Vice President

3. Date of Earliest Transaction (Month/Day/Year)
02/03/2026

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	02/03/2026		A		919(1)	A	$0	919	D

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
Stock Option (Right to Buy)	$435.36	02/03/2026		A		3,433		(2)	02/02/2036	Ordinary Shares	3,433	$0	3,433	D

Explanation of Responses:

1. Represents restricted stock units that vest in three (3) equal annual installments beginning on February 3, 2027.

2. The stock option vests in three (3) pro rata annual installments beginning on February 3, 2027.

Remarks:

	/s/ Eric R. Waller, Attorney-in-Fact	02/05/2026
	** 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 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.

How many Trane Technologies shares does Victoria Lazar hold after these grants?

After the February 3, 2026 transactions, Victoria Lazar beneficially owns 919 ordinary shares from restricted stock units and 3,433 derivative securities through the stock option. All are reported as directly held, reflecting her personal beneficial ownership of these compensation-related awards.