Paul A. Camuti - 01 Aug 2023 Form 4 Insider Report for Trane Technologies plc (TT)

Signature
/s/ Eric R. Waller, Attorney-in-Fact
Issuer symbol
TT
Transactions as of
01 Aug 2023
Net transactions value
-$692,350
Form type
4
Filing time
03 Aug 2023, 16:02:08 UTC
Previous filing
14 Jul 2023
Next filing
05 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TT Ordinary Shares Options Exercise $312,650 +5,000 +5.6% $62.53 94,409 01 Aug 2023 Direct
transaction TT Ordinary Shares Sale $1,005,000 -5,000 -5.3% $201.00 89,409 01 Aug 2023 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TT Stock Option (Right to Buy) Options Exercise $0 -5,000 -58% $0.000000 3,687 01 Aug 2023 Ordinary Shares 5,000 $62.53 Direct F2
* 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 March 6, 2023.
F2 The stock option vests in three (3) pro rata annual installments beginning on February 7, 2018.