Schaeffer Melissa N. 4

What Happened Melissa N. Schaeffer, a director of Trane Technologies plc (TT), received a grant of 438 restricted stock units (RSUs) on June 5, 2026 (reported on Form 4 filed 2026-06-09). At the same time, 112 shares were surrendered/withheld to cover tax obligations at a reported value of $456.84 per share, totaling approximately $51,166. The award itself shows an acquisition at $0.00 (typical for RSU grants).

Key Details

• Transaction date: June 5, 2026 (Form 4 filed June 9, 2026; period of report 2026-06-05).
• Withholding: 112 shares disposed/withheld at $456.84 each = $51,166 (tax withholding, code F).
• Grant: 438 RSUs reported as acquired at $0.00 (code A).
• Shares owned after transaction: not disclosed in the filing.
• Footnote: The 438 RSUs "represent restricted stock units that fully vest on June 5, 2027."
• Filing timeliness: filing date provided; the form does not indicate a late filing.

Context RSU grants are compensation that translate into company stock only after vesting — these RSUs vest on June 5, 2027 per the footnote. The 112-share disposition reflects routine tax withholding rather than an open-market sale and does not necessarily indicate a change in the director's long-term view. For retail investors, granted RSUs are a form of non-cash compensation and are different from purchases or sales that might signal trading intent.