Magner Mairead 4

What Happened
Mairead Magner, Senior Vice President at Trane Technologies (TT), received 4,252.549 shares on March 4, 2026 as an award (transaction code A). The shares were reported as acquired at $0.00 (award/vesting), reflecting the vesting of performance share units for the 2023–2025 performance period (footnote F1). This was a compensation-related vesting event, not an open-market buy or sale.

Key Details

• Transaction date: 2026-03-04; Form 4 filed: 2026-03-06 (filed timely).
• Shares received: 4,252.549; Price per share: $0.00; Reported acquisition value: $0.
• Shares owned after transaction: not specified in this Form 4.
• Footnotes: F1 = vesting of PSUs for 2023–2025; F2 = latest info provided by trustee of Trane Technologies Employee Savings Plan.
• Transaction type: Award/Grant (A) — not a purchase (P) or sale (S).

Context
Vesting of performance share units is a form of executive compensation tied to company performance/time; it increases insider shareholdings but is distinct from a market purchase that might signal personal conviction. The trustee note (F2) relates to plan recordkeeping; no indications of tax withholding sales or a 10b5-1 plan are reported here.