Form 4: Trane Technologies Executive Donald E. Simmons Reports Share Disposal
SEC Form 4 Filing
Donald E. Simmons, Group President, Americas at Trane Technologies, reported the disposal of 175 ordinary shares to cover tax obligations.
Summary
- Donald E. Simmons, Group President, Americas at Trane Technologies plc, filed a Form 4 on February 11, 2025, reporting changes in beneficial ownership.
- On February 7, 2025, Simmons disposed of 175 ordinary shares at a price of $356.14 per share.
- This transaction was related to tax obligations.
- Following the transaction, Simmons directly owns 4,787 ordinary shares.
- Simmons also indirectly owns 10,039.274 ordinary shares through a Trane Technologies Employee Savings Plan and 119 ordinary shares through an individual retirement account (IRA).
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, and the transaction appears to be related to tax obligations, suggesting a neutral sentiment.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in company stock. This filing indicates a standard transaction related to tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a relatively small disposal of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 02/07/2025 | Date of the transaction (disposal of shares) |
| 02/11/2025 | Date of Form 4 filing |
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