Trane Technologies (TT) CAO awarded shares, uses stock to cover taxes

Rhea-AI Filing Summary

Trane Technologies VP and Chief Accounting Officer Elizabeth A. Elwell reported mixed share movements tied to equity compensation. She acquired 888 Ordinary Shares on March 4, 2026 at $0.00 per share as a grant/award, representing the vesting of performance share units for the 2023–2025 period.

On the same date, 253 Ordinary Shares were disposed of at $445.05 per share to satisfy tax withholding obligations by delivering shares, rather than an open‑market sale. Following these transactions, she held 7,735 Ordinary Shares directly, plus 704.222 shares held indirectly by a plan trustee under 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

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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^*

Elwell Elizabeth A.

(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)
	VP & Chief Accounting Officer

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		888(1)	A	$0	7,988	D
Ordinary Shares	03/04/2026		F		253	D	$445.05	7,735	D
Ordinary Shares(2)								704.222	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 did Trane Technologies (TT) insider Elizabeth Elwell report on this Form 4?

Elizabeth A. Elwell reported equity-related share movements. She received 888 Ordinary Shares as a grant tied to performance share units and had 253 shares withheld to cover tax liabilities, all dated March 4, 2026.

Was the Trane Technologies (TT) insider activity a share purchase or sale?

The activity was not an open-market buy or sale. Elwell acquired 888 Ordinary Shares through a grant and 253 shares were disposed of solely to pay tax obligations by delivering shares, a common equity-compensation mechanism.

How many Trane Technologies (TT) shares does Elizabeth Elwell own after the transactions?

After the reported transactions, Elwell directly owns 7,735 Ordinary Shares. In addition, 704.222 Ordinary Shares are held indirectly by a plan trustee under the Trane Technologies Employee Savings Plan, based on the latest information from the trustee.

What is the significance of the 888-share award to Trane Technologies (TT) insider Elwell?

The 888-share award reflects the vesting of performance share units for the 2023–2025 performance period. It represents equity compensation rather than a cash purchase, aligning part of Elwell’s compensation with Trane Technologies’ long-term performance.

Why were 253 Trane Technologies (TT) shares disposed of at $445.05?

The 253 shares were disposed of at $445.05 per share to satisfy tax liabilities. Instead of paying cash taxes, shares were delivered for the tax obligation, which is recorded as a disposition on the Form 4.

How are the indirectly held Trane Technologies (TT) shares reported for Elwell?

Indirect holdings are reported as 704.222 Ordinary Shares held "By Plan Trustee." This reflects the latest available information from the trustee of the Trane Technologies Employee Savings Plan and is categorized as indirect ownership on the Form 4.