Christopher J. Kuehn - May 16, 2023 Form 4 Insider Report for Trane Technologies plc (TT)

Signature
/s/ Evan M. Turtz, Attorney-in Fact
Stock symbol
TT
Transactions as of
May 16, 2023
Transactions value $
-$619,162
Form type
4
Date filed
5/17/2023, 04:01 PM
Previous filing
Mar 3, 2023
Next filing
May 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TT Ordinary Shares Sale -$490K -2.81K -4.45% $174.14 60.4K May 16, 2023 Direct F1, F2
transaction TT Ordinary Shares Sale -$129K -734 -1.21% $176.16 59.7K May 16, 2023 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

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).

Explanation of Responses:

Id Content
F1 Transaction executed pursuant to a Rule 10b5-1 Plan adopted by the reporting person on February 15, 2023.
F2 This transaction was executed in multiple trades ranging from $173.32 to $177.09 per share. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
F3 This transaction was executed in multiple trades ranging from $175.06 to $177.09 per share. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.