Simmons Donald E. 4

What Happened
Donald E. Simmons, Group President, Americas at Trane Technologies, had 195 shares disposed to satisfy a tax liability or exercise payment (transaction code F). The shares were valued at $441.20 each, for a total of $86,034. This was a tax-withholding/surrender event rather than an open-market sale or a new purchase.

Key Details

• Transaction date: 2026-02-04; Filing date: 2026-02-06 (filed timely).
• Shares disposed: 195 at $441.20 each; total value reported $86,034.
• Shares owned after the transaction: Not disclosed in this filing.
• Footnote: F1 — “Latest available information provided by the trustee of the Trane Technologies Employee Savings Plan.”
• Transaction code F = payment of exercise price or tax liability (withholding/surrender), not a discretionary market sale.

Context
Code F transactions typically reflect shares withheld or surrendered to cover taxes when awards vest or options are exercised. These are routine administrative actions and do not necessarily signal a change in the insider’s view of the company.