Regnery David S 4

What Happened David S. Regnery, Chair and CEO of Trane Technologies plc (TT), was awarded a total of 39,438 shares on February 3, 2026. The filing shows two award entries: 8,327 shares granted as restricted stock units (RSUs) and 31,111 shares reported as a derivative award (no cash price; both entries recorded at $0). These are compensation grants (not open‑market purchases or sales).

Key Details

• Transaction date: February 3, 2026; Form 4 filed February 5, 2026.
• Awards: 8,327 RSUs (price $0) and 31,111 derivative shares (price $0); total 39,438 shares; total reported cash value = $0 (award grants).
• Vesting: Footnote F1 indicates the RSUs vest in three equal annual installments beginning February 3, 2027. Footnote F3 indicates the derivative is a stock option that vests in three pro rata annual installments beginning February 3, 2027.
• Ownership after transaction: Not specified in the provided excerpt of the filing; the filing also notes shares held by a revocable trust established by the reporting person’s spouse (F2).
• Filing timeliness: Filed two days after the transaction date (no late‑filing indication in the provided data).

Context

• These entries are compensation awards (grants) rather than purchases or sales; such grants are routine for executives and reflect pay, not necessarily a personal buy/sell signal.
• The derivative entry appears tied to a stock option with a multi‑year vesting schedule (see F3); option grants typically vest over time rather than resulting in immediate share sales.
• For full ownership totals and any additional terms (exercise price, tax withholding, transfer restrictions), consult the complete Form 4 filing (Accession 0001628280-26-005778).