Director at Trane Technologies (NYSE: TT) receives 438 RSUs and tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Trane Technologies director Matthew Francis Pine reported routine equity compensation activity. He received 438 restricted stock units that fully vest on June 5, 2027, increasing his equity-based compensation without any cash outlay.
To cover related tax obligations, 112 ordinary shares were disposed of at $456.84 per share through share withholding, which is not an open-market sale. Following these transactions, he holds 353 ordinary shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Pine Matthew Francis
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 — 353 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 438 units
Tax-withholding shares: 112 shares
Tax-withholding price: $456.84 per share
+1 more
4 metrics
RSUs granted
438 units
Restricted stock units that fully vest on June 5, 2027
Tax-withholding shares
112 shares
Shares disposed of to satisfy tax obligations
Tax-withholding price
$456.84 per share
Value applied to 112 shares used for tax withholding
Shares held after transactions
353 ordinary shares
Director’s direct holdings following grant and tax withholding
Key Terms
restricted stock units, tax-withholding disposition, Grant, award, or other acquisition, Ordinary Shares
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 Matthew Francis Pine receive in this Form 4 filing?
He received 438 restricted stock units as equity compensation. These units are a form of stock-based pay that converts into ordinary shares over time, aligning the director’s interests with shareholders as they vest on a future date.
When do Matthew Francis Pine’s 438 Trane Technologies (TT) RSUs vest?
The 438 restricted stock units fully vest on June 5, 2027. Vesting means the units convert into actual shares the director owns, provided he meets any service or other conditions required through that vesting date.