Lee Myles P 4
Research Summary
AI-generated summary
Trane Technologies (TT) Director Lee Myles P Receives Award; 224 Shares Withheld
What Happened
Lee Myles P, a director of Trane Technologies plc (TT), received a grant of 438 shares (reported as an award/acquisition) on 2026-06-05 and simultaneously showed a disposition of 224 shares to satisfy a tax or exercise-related liability. The 224 shares were recorded as disposed at $456.84 per share, totaling $102,332. The 438-share award is reported at $0.00 (typical for restricted stock units).
Key Details
- Transaction dates: 2026-06-05 (award and withholding/disposition).
- Disposition: 224 shares × $456.84 = $102,332 (code F — payment of exercise price or tax liability).
- Acquisition: 438 shares reported at $0.00 (code A — grant/award).
- Footnote: The 438 shares represent restricted stock units that fully vest on June 5, 2027.
- Shares owned after transaction: Not specified in this filing.
- Filing timeliness: No late-filing indicator provided in the summary information.
Context
- The award (code A) appears to be RSUs granted to the director that will vest in one year; awards are not the same as an open-market purchase and do not by themselves signal a near-term bullish trade.
- The disposition (code F) reflects shares used to satisfy a tax or exercise obligation (withholding), which is a routine administrative step when equity awards are granted or vest.
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