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Trane Technologies (TT) SVP gains 4,252 share award from 2023–2025 PSU vesting

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

Rhea-AI Filing Summary

Trane Technologies plc Senior Vice President Mairead Magner reported an equity award vesting. On March 4, 2026, Magner acquired 4,252.5488 Ordinary Shares at a stated price of $0.0000 per share, reflecting the vesting of performance share units for the 2023–2025 performance period.

Following this acquisition, Magner directly owned 17,817.3493 Ordinary Shares. An additional 25.9960 Ordinary Shares were held indirectly in the Trane Technologies Employee Savings Plan by a plan trustee, based on the latest available information.

Positive

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Negative

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Insider Magner Mairead
Role Senior Vice President
Type Security Shares Price Value
Grant/Award Ordinary Shares 4,252.549 $0.00 --
holding Ordinary Shares -- -- --
Holdings After Transaction: Ordinary Shares — 17,817.349 shares (Direct); Ordinary Shares — 25.996 shares (Indirect, By Plan Trustee)
Footnotes (1)
  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.
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
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*
Magner Mairead

(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)
03/04/2026
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 03/04/2026 A 4,252.5488(1) A $0 17,817.3493 D
Ordinary Shares(2) 25.996 I By Plan Trustee
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
Explanation of Responses:
1. Represents the vesting of performance share units for the 2023-2025 performance period.
2. Latest available information provided by the trustee of the Trane Technologies Employee Savings Plan.
Remarks:
/s/ Eric R. Waller, Attorney-in-Fact 03/06/2026
** 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 insider transaction did Trane Technologies (TT) report for Mairead Magner?

Trane Technologies reported that Senior Vice President Mairead Magner acquired 4,252.5488 Ordinary Shares on March 4, 2026. The acquisition reflects the vesting of performance share units covering the company’s 2023–2025 performance period, rather than an open-market purchase.

Was the Trane Technologies (TT) insider transaction a market purchase or an award?

The transaction was an award-related acquisition, not a market purchase. Footnotes state it represents the vesting of performance share units for the 2023–2025 performance period, with a reported transaction price per share of $0.0000.

How many Trane Technologies (TT) shares does Mairead Magner hold after this filing?

After the reported transaction, Mairead Magner directly held 17,817.3493 Ordinary Shares. Additionally, 25.9960 Ordinary Shares were held indirectly by the trustee of the Trane Technologies Employee Savings Plan, based on the latest available information.

What do the footnotes in the Trane Technologies (TT) Form 4 explain?

One footnote explains the acquisition represents vesting of performance share units for the 2023–2025 performance period. Another notes that the indirect holdings reflect the latest available information from the trustee of the Trane Technologies Employee Savings Plan.

Does the Trane Technologies (TT) Form 4 show any insider share sales?

The Form 4 does not report any insider share sales. It shows an acquisition of 4,252.5488 Ordinary Shares through vesting of performance share units and an update to indirect holdings in the employee savings plan, with no disposal transactions listed.

How is indirect ownership reported for Mairead Magner in Trane Technologies (TT) shares?

Indirect ownership is reported as 25.9960 Ordinary Shares held "By Plan Trustee" under the Trane Technologies Employee Savings Plan. The filing notes this figure reflects the latest available information provided by the plan’s trustee.