Form 4: Trane Technologies Executive Vice President Paul A. Camuti Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President Paul A. Camuti reports the vesting of performance share units and subsequent disposal of shares to cover tax obligations.
Summary
- On February 28, 2024, Paul A. Camuti, an Executive Vice President at Trane Technologies plc, reported changes in his beneficial ownership of the company's ordinary shares.
- He acquired 10,070 shares through the vesting of performance share units for the 2021-2023 performance period at a price of $0.
- Simultaneously, he disposed of 4,427 shares to cover tax obligations at a price of $283.64 per share.
- Following these transactions, Camuti beneficially owns 94,412.691 ordinary shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to executive stock transactions, indicating a neutral sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and does not necessarily reflect a significant event for Trane Technologies or the broader industry.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they are related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| 02/28/2024 | Date of the reported transactions: vesting of performance share units and disposal of shares. |
| 03/01/2024 | Date of signature by Attorney-in-Fact. |
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