Trane Technologies plc·4

Feb 5, 4:07 PM ET

Magner Mairead 4

Research Summary

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Trane Technologies (TT) SVP Mairead Magner Receives 4,081-Share Award

What Happened

  • Mairead Magner, Senior Vice President at Trane Technologies (TT), received equity awards on Feb 3, 2026: a grant of 862 non-derivative shares and a derivative award of 3,219 restricted stock units (RSUs). Both awards were recorded at $0.00 per share (no cash paid).
  • Total awarded: 4,081 shares/units. The RSUs will vest over time (see Key Details). This is an award/grant (not a market purchase or sale).

Key Details

  • Transaction date: February 3, 2026; Form 4 filed February 5, 2026 (appears timely).
  • Prices: $0.00 per share (awards/grants).
  • Breakdown: 862 shares (non-derivative) + 3,219 RSUs (derivative) = 4,081 total.
  • Vesting: Footnote F1 — the 3,219 RSUs vest in three equal annual installments beginning February 3, 2027.
  • Other footnotes: F2 references trustee information for the Employee Savings Plan; F3 notes a stock option vesting schedule (three pro rata annual installments beginning Feb 3, 2027) — the filing includes this footnote text but no option exercise was reported in the provided transactions.
  • Shares owned after transaction: Not specified in the provided filing.
  • No indication of a 10b5-1 plan, tax withholding sale, or immediate sale of shares.

Context

  • RSUs are derivative awards that convert into common stock only as they vest; they do not represent immediately tradable shares until vesting conditions are met.
  • Awards and grants are common components of executive compensation and do not by themselves indicate buying or selling sentiment in the market.