Trane Technologies plc·4

Jun 9, 5:04 PM ET

de Jesus Assis Ana Paula 4

Research Summary

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Updated

Trane (TT) Director de Jesus Assis Receives Award, Sells Shares

What Happened
Director de Jesus Assis reported two related transactions on 2026-06-05. 224 shares were disposed (transaction code F) as tax withholding to satisfy tax liabilities — proceeds/value shown as $102,332 at a per-share value of $456.84. At the same time she was granted 438 shares (transaction code A) as an award (listed at $0.00), representing restricted stock units (RSUs).

Key Details

  • Transaction dates: June 5, 2026 (reported on Form 4 filed 2026-06-09). Filing appears timely under the two-business-day rule.
  • Sale/withholding: 224 shares withheld at $456.84 per share for a total of $102,332 (code F — tax withholding).
  • Grant/award: 438 shares granted (code A) shown at $0.00 in the filing (these are RSUs).
  • Shares owned after the transactions: not specified in the information provided in this summary.
  • Footnote: F1 — the 438 RSUs fully vest on June 5, 2027.
  • Nature of transactions: F indicates tax withholding (not an open-market sale); A indicates an award/grant.

Context
This is a routine tax-withholding event tied to an equity award, not an open-market sale, and the RSUs vest in one year. Such withholding transactions are common and do not by themselves indicate the director’s market view.

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