Elwell Elizabeth A. 4

What Happened Elizabeth A. Elwell, VP and Chief Accounting Officer of Trane Technologies plc (TT), disposed of a total of 117 shares in early February 2026. Transactions reported: an open-market sale of 46 shares on Feb 6 at $451.13 each ($20,752), and two share dispositions to cover tax/exercise obligations—32 shares on Feb 6 for $14,552 and 39 shares on Feb 7 for $17,736 (both reported at $454.76). Total proceeds across all transactions were approximately $53,040. These were disposals (sales/withholdings), which are typically routine tax-related transactions rather than an outright buy signal.

Key Details

• Transaction dates and amounts:
  • 2026-02-06: Open-market sale (S) — 46 sh @ $451.13 = $20,752
  • 2026-02-06: Tax/exercise withholding (F) — 32 sh @ $454.76 = $14,552
  • 2026-02-07: Tax/exercise withholding (F) — 39 sh @ $454.76 = $17,736
• Total shares disposed: 117; total reported value: ~$53,040.
• Shares owned after transaction: not specified in the information provided in this summary.
• Footnotes of note:
  • Some trades were executed pursuant to a Rule 10b5-1 plan adopted by Ms. Elwell on June 11, 2025.
  • One set of transactions was executed in multiple trades with prices ranging $444.70–$454.22; the filing shows a weighted-average price and the reporting person can provide trade-level details on request.
  • The filing references information from the trustee of the Trane Technologies Employee Savings Plan.
• Filing timeliness: Form filed on Feb 10, 2026 for Feb 6–7 trades — within the standard two-business-day reporting window for these dates.

Context

• The F-code disposals indicate shares were surrendered to satisfy exercise costs or tax withholding (common after option exercises or vesting), not an open-market purchase. Such tax-withholding sales are routine and do not necessarily reflect the insider’s market view.
• No purchases or option exercises that resulted in net new share ownership were reported in this filing.