STOCK TITAN

Director at Trane Technologies (NYSE: TT) receives 438 RSUs and tax withholding

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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 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)
  1. [object Object]
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
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""
Ordinary Shares financial
"security_title": "Ordinary Shares""
Ordinary shares are a type of ownership stake in a company, giving shareholders a right to participate in the company’s profits and decision-making through voting. They are similar to owning a piece of a business, and their value can rise or fall based on the company's performance. Investors buy ordinary shares to potentially earn dividends and benefit from the company's growth over time.
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SEC Form 4
FORM 4UNITED 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*
Pine Matthew Francis

(Last)(First)(Middle)
C/O TRANE TECHNOLOGIES COMPANY LLC
800-E BEATY STREET

(Street)
DAVIDSON NORTH CAROLINA 28036

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
Trane Technologies plc [ TT ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
06/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Ordinary Shares06/05/2026F112D$456.84353D
Ordinary Shares06/05/2026A438(1)A$0791D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Represents restricted stock units that fully vest on June 5, 2027.
Remarks:
/s/ Eric R. Waller, Attorney-in-Fact06/09/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

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.

Why were 112 Trane Technologies (TT) shares disposed of in this Form 4?

The 112 ordinary shares were withheld to satisfy tax obligations related to the equity award. This tax-withholding disposition uses shares instead of cash for taxes and does not represent an open-market sale initiated for portfolio or valuation reasons.

At what price were the 112 Trane Technologies (TT) shares used for tax withholding valued?

The 112 shares used to cover tax liabilities were valued at $456.84 per share. This value reflects the price applied for tax purposes when settling obligations tied to the director’s equity compensation grant reported in the filing.

How many Trane Technologies (TT) ordinary shares does Matthew Francis Pine hold after these transactions?

After the reported grant and tax-withholding disposition, he directly holds 353 ordinary shares. This figure reflects his post-transaction stake in the company’s common equity, separate from the additional restricted stock units that will vest in the future.