Regnery David S 4
4 · Trane Technologies plc · Filed Feb 10, 2026
Research Summary
AI-generated summary of this filing
Trane Technologies (TT) CEO David Regnery Sells 4,657 Shares
What Happened
David S. Regnery, Chair and CEO of Trane Technologies plc (TT), disposed of a total of 4,657 shares in transactions on Feb 6–7, 2026. The filing shows: an open-market sale of 987 shares on 2026-02-06 at $451.08/share for $445,213; and two dispositions to satisfy exercise price or tax liabilities of 1,487 shares (2/6) and 2,183 shares (2/7) at a reported $454.76/share for $676,228 and $992,741, respectively. Combined proceeds reported are approximately $2.11 million. These were disposals (sales/surrendered shares), not purchases.
Key Details
- Transaction dates and amounts:
- 2026-02-06: 987 shares sold @ $451.08 = $445,213 (open market)
- 2026-02-06: 1,487 shares disposed @ $454.76 = $676,228 (payment of exercise price/tax)
- 2026-02-07: 2,183 shares disposed @ $454.76 = $992,741 (payment of exercise price/tax)
- Total shares disposed: 4,657; total proceeds ≈ $2,114,182.
- Shares owned after transaction: Not specified in the provided summary (see the Form 4 for post-transaction holdings).
- Notable footnotes:
- Transactions were executed under a Rule 10b5-1 trading plan adopted June 2, 2025.
- One transaction was executed in multiple trades at prices ranging $444.00–$453.67; the filing shows weighted-average price.
- Some reported holdings are held in a revocable trust established by the reporting person’s spouse (footnote).
- Filing timeliness: Form 4 filed 2026-02-10 for transactions on 2/6–2/7; filing is within the SEC two-business-day window and appears timely.
Context
Entries labeled as payment of exercise price or tax liability typically mean shares were surrendered or sold to cover option-exercise costs or withholding taxes (a “sell-to-cover” or cashless exercise). The presence of a 10b5-1 plan indicates the trades were pre-arranged, which is common for executives. These kinds of disposals are often routine and tax-related rather than a clear signal about the insider’s view of the company.
Insider Transaction Report
- Sale
Ordinary Shares
[F1][F2]2026-02-06$451.08/sh−987$445,213→ 106,206.12 total - Tax Payment
Ordinary Shares
2026-02-06$454.76/sh−1,487$676,228→ 104,719.12 total - Tax Payment
Ordinary Shares
2026-02-07$454.76/sh−2,183$992,741→ 102,536.12 total
- 24,500(indirect: By Trust)
Ordinary Shares (Trust)
[F3]
Footnotes (3)
- [F1]Transaction executed pursuant to a Rule 10b5-1 Plan adopted by the reporting person on June 2, 2025.
- [F2]This transaction was executed in multiple trades ranging from $444.00 to $453.67 per share. The price reported above reflects the weighted average purchase price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transactions were effected.
- [F3]Shares held by a revocable trust established by the reporting person's spouse, of which trust the reporting person's spouse is the sole trustee and sole beneficiary.