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

Signature
/s/ Evan M. Turtz, Attorney-in Fact
Issuer symbol
TT
Transactions as of
16 May 2023
Net transactions value
-$619,162
Form type
4
Filing time
17 May 2023, 16:01:09 UTC
Previous filing
03 Mar 2023
Next filing
19 May 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TT Ordinary Shares Sale $489,864 -2,813 -4.4% $174.14 60,428 16 May 2023 Direct F1, F2
transaction TT Ordinary Shares Sale $129,298 -734 -1.2% $176.16 59,694 16 May 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.