Regnery David S 4
Research Summary
AI-generated summary
Trane Technologies (TT) CEO David Regnery Sells 5,588 Shares
What Happened
- David S. Regnery, Chair and CEO of Trane Technologies (TT), disposed of 5,588 shares on February 10, 2026. The weighted average sale price was $462.60 per share, for total proceeds of $2,585,018. This was reported on an SEC Form 4 filed February 11, 2026. The filing classifies the transaction as a sale (S), executed under a Rule 10b5‑1 plan.
Key Details
- Transaction date: 2026-02-10; Form 4 filed: 2026-02-11 (timely filing).
- Shares sold: 5,588; weighted average price: $462.60; total value: $2,585,018.
- Price range across multiple trades: $460.465 to $464.78 (weighted avg reported).
- Executed pursuant to a Rule 10b5‑1 plan adopted by the reporting person on June 2, 2025 (Footnote F1).
- Some shares are held by a revocable trust established by the reporting person’s spouse (Footnote F3).
- Shares owned after the transaction: not specified in the information provided on the Form 4.
Context
- Sales under 10b5‑1 plans are typically prearranged and do not by themselves indicate a change in the insider’s view of the company. This was a direct sale of existing shares (not an option exercise or award). The filing was timely (filed the next day).