Elwell Elizabeth A. 4

What Happened

• Elizabeth A. Elwell, VP & Chief Accounting Officer at Trane Technologies (TT), was granted a total of 1,089 shares/units on February 3, 2026. The filing reports 230 shares issued (grant/acquisition) and 859 shares reported as a derivative award. All were recorded at $0.00 per share (compensation awards, not open-market purchases).

Key Details

• Transaction date: 2026-02-03; Filing date: 2026-02-05 (appears timely — within the typical 2-business-day Form 4 window).
• Reported amounts: 230 shares (grant/acquisition) + 859 derivative shares = 1,089 total.
• Price: $0.00 (these are awards/RSUs, not cash purchases).
• Shares owned after transaction: Not reported in the details provided on this Form 4.
• Footnotes:
  • F1: These represent restricted stock units (RSUs) that vest in three equal annual installments beginning February 3, 2027.
  • F2: Relates to information from the trustee of the Trane Technologies Employee Savings Plan (not directly affecting these awards).
  • F3: Describes a stock option vesting schedule (three pro rata annual installments starting Feb 3, 2027) — this Form 4 reports RSU awards, not an option exercise.
• Transaction type code: A = Award/Grant. The 859 unit line is a derivative award (RSU) that converts to shares as it vests.

Context

• These awards are compensation/retention grants (RSUs) that vest over time and do not represent an outright market purchase or sale. They typically do not indicate immediate buying or selling intent by the insider.
• The derivative RSUs simply represent a future right to receive shares upon vesting; there is no exercise or cashless sale associated with this filing.