Trane Technologies plc·4

Feb 10, 4:05 PM ET

Magner Mairead 4

Research Summary

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Trane Technologies SVP Mairead Magner Surrenders 167 Shares for Taxes

What Happened
Mairead Magner, Senior Vice President at Trane Technologies (TT), had a total of 167 shares disposed via withholding to cover exercise price/tax liabilities. On Feb 6, 2026 she surrendered 68 shares at $454.76 each (≈ $30,924) and on Feb 7, 2026 she surrendered 99 shares at $454.76 each (≈ $45,021), for a combined value of about $75,945. These transactions reflect share withholding for tax/exercise purposes rather than an open-market sale.

Key Details

  • Transaction dates: 2026-02-06 (68 shares) and 2026-02-07 (99 shares).
  • Price per share: $454.76; total value ≈ $30,924 and $45,021 respectively (≈ $75,945 combined).
  • Transaction code: F — payment of exercise price or tax liability (shares withheld).
  • Source/footnote: F1 — latest info provided by the trustee of the Trane Technologies Employee Savings Plan.
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Filing date: Form 4 filed 2026-02-10; filing appears timely (within the two-business-day window).

Context
Code F transactions typically mean shares were surrendered or withheld to satisfy tax withholding or exercise-price obligations (a net settlement/cashless-style outcome). These are routine administrative steps and do not necessarily indicate a change in the insider’s view of the company.