Trane Technologies (TT) SVP gains 4,252 share award from 2023–2025 PSU vesting
Filing Impact
Filing Sentiment
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
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
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)
- 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.
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.
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.