SCHEDULE: JPMorgan Chase Amends Trane Technologies Stake

JPMorgan Chase & Co. has filed an amendment to its Schedule 13G, disclosing a 7.3% beneficial ownership stake in Trane Technologies PLC as of December 31, 2025.

Summary

• JPMorgan Chase & Co. (JPM) filed an Amendment No. 4 to its Schedule 13G regarding its beneficial ownership in Trane Technologies PLC.
• As of December 31, 2025, JPM beneficially owns 16,405,164 Ordinary Shares of Trane Technologies PLC.
• This represents 7.3% of the class of Trane Technologies PLC's Ordinary Shares.
• JPM holds sole voting power over 13,826,953 shares and shared voting power over 175,799 shares.
• JPM holds sole dispositive power over 16,278,928 shares and shared dispositive power over 125,243 shares.
• JPM is classified as a parent holding company or control person.
• Various subsidiaries, including J.P. Morgan Trust Company of Delaware and JPMorgan Asset Management entities, are identified as acquiring the securities.
• The filing certifies that the securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership by a large institutional investor, providing factual information without expressing explicit positive or negative sentiment regarding the issuer's performance or prospects.

Positives

• JPMorgan Chase & Co. maintains a significant beneficial ownership stake of 7.3% in Trane Technologies PLC, indicating continued institutional interest.

Negatives

• NA

Risks

• NA

Future Outlook

NA

Management Comments

• The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

NA (This filing primarily concerns beneficial ownership disclosure and does not provide broader industry context.)

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders: Provides transparency regarding a major institutional investor's stake in Trane Technologies PLC.

Next Steps

• NA

Key Dates

Keywords

Trane Technologies, JPMorgan Chase, beneficial ownership, Schedule 13G, institutional investor, ordinary shares, G8994E103