Paul A. Camuti - 05 Jun 2024 Form 4 Insider Report for Trane Technologies plc (TT)

Role
Executive Vice President
Signature
/s/ Eric R. Waller, Attorney-in-Fact
Issuer symbol
TT
Transactions as of
05 Jun 2024
Net transactions value
-$4,911,727
Form type
4
Filing time
07 Jun 2024, 16:12:31 UTC
Previous filing
31 May 2024
Next filing
06 Jan 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TT Ordinary Shares Options Exercise $230,548 +3,687 +4.1% $62.53 92,596 05 Jun 2024 Direct
transaction TT Ordinary Shares Sale $1,184,732 -3,687 -4% $321.33 88,909 05 Jun 2024 Direct F1, F2
transaction TT Ordinary Shares Options Exercise $1,106,667 +15,760 +18% $70.22 104,669 05 Jun 2024 Direct
transaction TT Ordinary Shares Sale $2,532,046 -7,880 -7.5% $321.33 96,789 05 Jun 2024 Direct F1, F3
transaction TT Ordinary Shares Sale $2,532,165 -7,880 -8.1% $321.34 88,909 05 Jun 2024 Direct F1, F4

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 -3,687 -100% $0.000000* 0 05 Jun 2024 Ordinary Shares 3,687 $62.53 Direct F5
transaction TT Stock Option (Right to Buy) Options Exercise $0 -15,760 -67% $0.000000 7,880 05 Jun 2024 Ordinary Shares 15,760 $70.22 Direct F6
* 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, 2024.
F2 This transaction was executed in multiple trades ranging from $318.82 to $323.18 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 $319.16 to $323.18 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.
F4 This transaction was executed in multiple trades ranging from $318.52 to $323.18 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.
F5 The stock option vests in three (3) pro rata annual installments beginning on February 7, 2018.
F6 The stock option vests in three (3) pro rata annual installments beginning on February 6, 2019.