Trane Technologies plc·4

Feb 10, 4:06 PM ET

Simmons Donald E. 4

Research Summary

AI-generated summary

Updated

Trane (TT) Group President Donald E. Simmons Sells 767 Shares

What Happened

  • Donald E. Simmons, Group President, Americas at Trane Technologies (TT), disposed of a total of 767 shares in transactions on Feb 6–7, 2026. Transactions include a 439-share open‑market sale at $451.30 ($198,119) and two share dispositions to satisfy exercise-price/tax obligations: 154 shares ($70,033) on Feb 6 and 174 shares ($79,128) on Feb 7, each reported at $454.76. Total proceeds/consideration across all dispositions ≈ $347,280. These were sales/withholdings (not purchases).

Key Details

  • Transaction dates & prices:
    • 2026-02-06: Open-market sale — 439 shares @ $451.30, proceeds $198,119.
    • 2026-02-06: Payment of exercise price/tax — 154 shares @ $454.76, value $70,033.
    • 2026-02-07: Payment of exercise price/tax — 174 shares @ $454.76, value $79,128.
  • Total shares disposed: 767; total reported value ≈ $347,280.
  • Shares owned after transaction: Not disclosed in the material provided.
  • Notable footnotes:
    • F1: Transactions executed pursuant to a Rule 10b5‑1 trading plan adopted Aug 5, 2025.
    • F2: One transaction was executed in multiple trades ranging $444.00–$454.22; the reported price is a weighted average.
    • F3: Some information provided by the trustee of the Trane Technologies Employee Savings Plan.
  • Filing timeliness: No late‑filing flag indicated in the information supplied.

Context

  • The F‑coded entries reflect shares used to satisfy an exercise price or tax withholding (common when options vest or restricted stock taxes are paid); these are effectively disposals to cover obligations, not open‑market purchases. The presence of a 10b5‑1 plan indicates at least part of the activity was prearranged under a trading plan.