Trane Technologies COO granted stock and options
Trane Technologies EVP & Chief Operating Officer Donald E. Simmons reported new equity awards and updated share holdings.
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Form Type
4
Rhea-AI Filing Summary
Trane Technologies EVP & Chief Operating Officer Donald E. Simmons reported new equity awards and updated share holdings. He received 826 restricted stock units that vest in three equal annual installments beginning on July 1, 2027, increasing his direct RSU holdings to 4,645 units.
He was also granted stock options for 3,085 ordinary shares at an exercise price of $484.58 per share, vesting in three pro rata annual installments starting July 1, 2027, and expiring on June 30, 2036. Indirectly, he holds 10,181.803 ordinary shares through the Trane Technologies Employee Savings Plan and 119 ordinary shares via an individual retirement account.
Insider Trade Summary
Grant/Award: 3,911 shares
Grant/Award
4 txns
Insider
Simmons Donald E.
Role
EVP & Chief Operating Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 3,085 | $0.00 | $0.00 |
| Grant/Award | Ordinary Shares | 826 | $0.00 | $0.00 |
| holding | Ordinary Shares (IRA) | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 3,085 contracts (Direct);
Ordinary Shares — 4,645 shares (Direct);
Ordinary Shares (IRA) — 119 shares (Indirect, By individual retirement account);
Ordinary Shares — 10,181.803 shares (Indirect, By Plan Trustee)
Footnotes (3)
- F1. Represents restricted stock units that vest in three (3) equal annual installments beginning on July 1, 2027.
- F2. Latest available information provided by the trustee of the Trane Technologies Employee Savings Plan.
- F3. The stock option vests in three (3) pro rata annual installments beginning on July 1, 2027.
Key Figures
Restricted stock units granted: 826 units
Total RSUs after grant: 4,645 units
Stock options granted: 3,085 options
+4 more
7 metrics
Restricted stock units granted
826 units
Grant to EVP & COO on July 1, 2026; vests from July 1, 2027
Total RSUs after grant
4,645 units
Direct RSU holdings following the July 1, 2026 award
Stock options granted
3,085 options
Options on ordinary shares granted July 1, 2026
Option exercise price
$484.58 per share
Exercise price for 3,085 stock options
Option expiration date
June 30, 2036
Expiration of stock options granted July 1, 2026
Indirect shares via savings plan
10,181.803 shares
Ordinary shares held by Trane Technologies Employee Savings Plan trustee
Indirect shares via IRA
119 shares
Ordinary shares held in an individual retirement account
Key Terms
restricted stock units, stock option, Employee Savings Plan, individual retirement account, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units that vest in three (3) equal annual installments"
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.
stock option financial
"The stock option vests in three (3) pro rata annual installments"
A stock option is a contract that gives you the right to buy or sell a company's stock at a specific price within a certain time frame. People use them to potentially make money if the stock's price moves favorably or to protect against losses. It's like holding a coupon that can be used to buy or sell stock at a set price later on.
Employee Savings Plan financial
"Latest available information provided by the trustee of the Trane Technologies Employee Savings Plan"
individual retirement account financial
"Ordinary Shares (IRA) ... By individual retirement account"
A tax-advantaged retirement account owned by an individual that holds investments such as stocks, bonds, mutual funds or cash and is governed by rules about how much can be contributed and when money can be withdrawn. It matters to investors because the account’s specific tax rules and withdrawal limits affect how savings grow and when taxes are paid; think of it as a labeled box for retirement money that comes with special tax treatment and rules about when you can open it.
vest financial
"vest in three (3) equal annual installments beginning on July 1, 2027"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did Trane Technologies (TT) report for Donald E. Simmons?
Donald E. Simmons reported equity awards and updated holdings, including new restricted stock units and stock options. The filing shows compensation-related grants rather than open-market purchases or sales, along with indirect holdings in a savings plan and an individual retirement account.
How many restricted stock units did Donald E. Simmons receive from Trane Technologies (TT)?
Donald E. Simmons received 826 restricted stock units, bringing his total direct RSU holdings to 4,645 units. These units vest in three equal annual installments beginning on July 1, 2027, providing time-based equity compensation tied to continued service with the company.
What stock options were granted to Donald E. Simmons at Trane Technologies (TT)?
He was granted stock options for 3,085 ordinary shares with an exercise price of $484.58 per share. These options vest in three pro rata annual installments beginning July 1, 2027, and expire on June 30, 2036, aligning incentives with long-term company performance.
When do Donald E. Simmons’s new Trane Technologies (TT) equity awards vest?
Both the restricted stock units and stock options begin vesting on July 1, 2027. The RSUs vest in three equal annual installments, while the stock options vest in three pro rata annual installments, creating a staggered vesting schedule over three years.
AI-generated analysis. How Rhea-AI works. Not financial advice.
