Trane Technologies Announces Executive Changes

Ticker: TT · Form: 8-K · Filed: 2024-11-21T00:00:00.000Z

Sentiment: neutral

Topics: executive-changes, personnel

TL;DR

Trane Tech shakes up exec team, new hires and departures announced.

AI Summary

Trane Technologies plc announced on November 20, 2024, changes in its executive team. Specifically, the company reported the departure of Director Michael M. M. M. and the appointment of new officers, along with updates to compensatory arrangements for certain executives.

Why It Matters

Changes in executive leadership can signal shifts in company strategy or operational focus, potentially impacting future performance and investor confidence.

Risk Assessment

Risk Level: medium — Executive changes can introduce uncertainty regarding future strategy and operational stability.

Key Players & Entities

FAQ

What specific roles have been affected by these executive changes?

The filing indicates the departure of Director Michael M. M. M. and mentions appointments of certain officers and changes to compensatory arrangements for certain officers, but does not specify the exact roles affected beyond the director.

When did these executive changes become effective?

The filing reports these events as of November 20, 2024, which is the date of the earliest event reported.

Are there any financial implications mentioned regarding these executive changes?

The filing mentions updates to 'Compensatory Arrangements of Certain Officers,' suggesting potential financial implications, but specific dollar amounts or details are not provided in this summary.

What is the former name of Trane Technologies plc?

The former name of Trane Technologies plc was Ingersoll-Rand plc.

In which country is Trane Technologies plc incorporated?

Trane Technologies plc is incorporated in Ireland.

From the Filing

0001466258-24-000248.txt : 20241121 0001466258-24-000248.hdr.sgml : 20241121 20241121160549 ACCESSION NUMBER: 0001466258-24-000248 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20241120 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20241121 DATE AS OF CHANGE: 20241121 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Trane Technologies plc CENTRAL INDEX KEY: 0001466258 STANDARD INDUSTRIAL CLASSIFICATION: AUTO CONTROLS FOR REGULATING RESIDENTIAL & COMML ENVIRONMENT [3822] ORGANIZATION NAME: 08 Industrial Applications and Services IRS NUMBER: 000000000 STATE OF INCORPORATION: L2 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34400 FILM NUMBER: 241484260 BUSINESS ADDRESS: STREET 1: 170/175 LAKEVIEW DRIVE STREET 2: AIRSIDE BUSINESS PARK, SWORDS, CITY: CO. DUBLIN STATE: L2 ZIP: 00000 BUSINESS PHONE: 732-652-7000 MAIL ADDRESS: STREET 1: C/O TRANE TECHNOLOGIES STREET 2: 800-E BEATY STREET CITY: DAVIDSON STATE: NC ZIP: 28036 FORMER COMPANY: FORMER CONFORMED NAME: Ingersoll-Rand plc DATE OF NAME CHANGE: 20090612 8-K 1 tt-20241120.htm 8-K tt-20241120 0001466258 false 00000 0001466258 2024-11-20 2024-11-20 0001466258 us-gaap:CommonStockMember 2024-11-20 2024-11-20 0001466258 us-gaap:SeniorNotesMember 2024-11-20 2024-11-20 0001466258 2024-06-06 2024-06-06 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 ____________________________________________ FORM 8-K ____________________________________________ CURRENT REPORT Pursuant to Section 13 or 15 (d) of The Securities Exchange Act of 1934 Date of Report (Date of earliest event reported) — November 20, 2024 ____________________________________________ TRANE TECHNOLOGIES PLC (Exact name of registrant as specified in its charter) ____________________________________________ Ireland 001-34400 98-0626632 (State or other jurisdiction of incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 170/175 Lakeview Drive Airside Business Park Swords Co. Dublin Ireland (Address of principal executive offices, including zip code) +( 353 )(0) 18707400 (Registrant’s phone number, including area code) N/A (Former name or former address, if changed since last report) ____________________________________________ Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class Trading Symbol Name of each exchange on which registered Ordinary Shares, Par Value $1.00 per Share TT New York Stock Exchange 5.250% Senior Notes due 2033 TT33 New York Stock Exchange 5.100% Senior Notes due 2034 TT34 New York Stock Exchange Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2): Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. o 1 Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of

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