Keith A. Sultana - 07 Feb 2024 Form 4 Insider Report for Trane Technologies plc (TT)

Reporting relationship: Senior Vice President
Issuer ticker: TT
Reported as of: 07 Feb 2024
Net transaction value: -$271,815
SEC form: 4
Accepted by SEC: 09 Feb 2024, 16:17:38 UTC
Prior SEC filing: 08 Feb 2024
Next SEC filing: 12 Feb 2024
Source filing: View source filing
Reporting owner signature: /s/ Eric R. Waller, Attorney-in-Fact

Key filing fact

Keith A. Sultana filed Form 4 for Trane Technologies plc (TT) on 09 Feb 2024.

Key facts

This page summarizes Keith A. Sultana's Form 4 filing for Trane Technologies plc (TT).
4 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 09 Feb 2024, 16:17.

Change

Previous filing in this sequence was filed on 08 Feb 2024.
Current net transaction value: -$271,815.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TT transaction

Ordinary Shares

Tax liability

Transaction value: $27,343
Shares: -100
Change %: -0.23%
Price: $273.43
Shares after: 42,575
Date: 07 Feb 2024
Ownership: Direct

TT transaction

Ordinary Shares

Options Exercise

Transaction value: $295,427
Shares: +1,983
Change %: +4.7%
Price: $148.98
Shares after: 44,558
Date: 08 Feb 2024
Ownership: Direct

TT transaction

Ordinary Shares

Sale

Transaction value: $539,900
Shares: -1,983
Change %: -4.5%
Price: $272.26
Shares after: 42,575
Date: 08 Feb 2024
Ownership: Direct
Footnotes: F1, F2

TT holding

Ordinary Shares

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 156
Date: 07 Feb 2024
Ownership: By Plan Trustee
Footnotes: F3

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TT transaction Derivative

Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -1,983
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 08 Feb 2024
Ownership: Direct
Underlying class: Ordinary Shares
Underlying amount: 1,983
Exercise price: $148.98
Footnotes: F4

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 4 footnotes

Footnote F1

Transaction executed pursuant to a Rule 10b5-1 Plan adopted by the reporting person on March 1, 2023.

Footnote F2

This transaction was executed in multiple trades ranging from $270.99 to $273.69 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.

Footnote F3

Latest available information provided by the trustee of the Trane Technologies Employee Savings Plan.

Footnote F4

The stock option vests in three (3) pro rata annual installments beginning on February 8, 2022.