Form 4: Trane Technologies Executive Mairead Magner Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Mairead Magner, a Senior Vice President at Trane Technologies, disposed of 102 ordinary shares to cover tax obligations arising from equity compensation.
Summary
- On February 1, 2025, Mairead Magner, a Senior Vice President of Trane Technologies plc, disposed of 102 ordinary shares.
- The transaction was executed to cover tax obligations.
- The price per share was $362.75.
- Following the transaction, Magner directly owns 12,793.213 ordinary shares and indirectly owns 25.749 shares through the Trane Technologies Employee Savings Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by a company executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider transactions and is common for executives at publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 02/01/2025 | Date of the transaction where 102 ordinary shares were disposed of. |
| 02/04/2025 | Date of signature for the Form 4 filing. |
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