TTTrane Technologies
Deals with insiders in the proxy filed 2026-04-23
Deals between TT and its directors, executives, owners of more than 5% or their families: a relative on the payroll, a plane the company charters from its CEO, a director's company that buys from it. SEC rules (Item 404) make the company list every such deal over $120,000 in its proxy statement.
New this year
Paragraphs about a deal, a person or a relative with nothing like them in the proxy filed 2025-04-24.
Certain Relationships and Related Person Transactions“The son of Donald E. Simmons, the Company’s Group President, Americas is employed by the Company as a Complex Solutions Account Executive. In 2025 Mr. Simmons’ son received compensation from the Company in the form of a base salary and other cash benefits totaling $165,550. The compensation and other terms of employment of Mr. Simmons’ son were determined in accordance with the Company’s compensation practices applicable to employees with comparable qualifications and responsibilities and holding similar positions.”
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No longer reported 6 paragraphs of the proxy filed 2025-04-24 with nothing like them this year
Shareholder Proposals and Nominations“Any proposal by a shareholder intended to be presented at the 2026 Annual General Meeting of shareholders of the Company must be received by the Company at its registered office at 170/175 Lakeview Drive, Airside Business Park, Swords, Co. Dublin, Ireland, Attn: Secretary, no later than December 25, 2025, for inclusion in the proxy materials relating to that meeting. Any such proposal must meet the requirements set forth in the rules and regulations of the SEC, including Rule 14a-8, in order for such proposals to be eligible for inclusion in our 2026 Proxy Statement.”
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Shareholder Proposals and Nominations“The Company’s Articles of Association set forth procedures to be followed by shareholders who wish to nominate candidates for election to the Board of Directors in connection with Annual General Meetings of shareholders or pursuant to written shareholder consents or who wish to bring other business before a shareholders’ general meeting. All such nominations must be accompanied by certain background and other information specified in the Articles of Association. In connection with the 2026 Annual General Meeting, written notice of a shareholder’s intention to make such nominations or bring business before the Annual General Meeting must be given to the Secretary of the Company not later than March 7, 2026. If the date of the 2026 Annual General Meeting occurs more than 30 days before, or 60 days after, the anniversary of the 2025 Annual General Meeting, then the written notice must be provided to the Secretary of the Company not later than the seventh day after the date on which notice of such Annual General Meeting is given. In addition, to comply with the universal proxy rules, shareholders who intend to solicit proxies in support of director nominees other than the Company’s nominees must provide timely notice by the same deadline disclosed above (March 7, 2026), as well as comply with the additional requirements of Rule 14a-19 of the Securities Exchange Act of 1934.”
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Shareholder Proposals and Nominations“In addition, the Company’s Articles of Association separately provide shareholders representing 3% or more of the voting power of the Company’s shares with the right, subject to certain terms and conditions, to nominate candidates for election to the Board of Directors and have such candidate included in our proxy materials for the applicable Annual General Meeting (“proxy access”). All such nominations must be accompanied by certain background and other information specified in the Articles of Association. In connection with the 2026 Annual General Meeting, written notice of proxy access nominations must be given to the Secretary of the Company not earlier than November 25, 2025 and not later than December 25, 2025. If the date of the 2026 Annual General Meeting occurs more than 30 days before, or 60 days after, the anniversary of the 2025 Annual General Meeting, then the written notice must be provided to the Secretary of the Company not earlier than 120 days prior to the 2026 Annual General Meeting and not later than the close of business on the later of (x) the 90th day prior to the 2026 Annual General Meeting or (y) the 10th day following the day on which public announcement of the date of the 2026 Annual General Meeting is first made.”
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Shareholder Proposals and Nominations“The Sustainability, Corporate Governance and Nominating Committee (“Nominating Committee”) will consider all shareholder recommendations for candidates for Board membership, which should be sent to the Nominating Committee, care of the Secretary of the Company, at the address set forth above. In addition to considering candidates recommended by shareholders, the Nominating Committee considers potential candidates recommended by current directors, Company officers, employees and others. As stated in the Company’s Corporate Governance Guidelines, all candidates for Board membership are selected based upon their judgment, character, achievements and experience in matters affecting business and industry. Candidates recommended by shareholders are evaluated in the same manner as director candidates identified by any other means.”
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Shareholder Proposals and Nominations“In order for you to bring other business before a shareholder general meeting, timely notice must be received by the Secretary of the Company within the time limits described above. The notice must include a description of the proposed item, the reasons you believe support your position concerning the item, and other specified matters. These requirements are separate from and in addition to the requirements you must meet to have a proposal included in our Proxy Statement. The foregoing time limits also apply in determining whether notice is timely pursuant to rules adopted by the SEC relating to the exercise of discretionary voting authority.”
Read it in last year's proxy ↗
Shareholder Proposals and Nominations“If a shareholder wishes to communicate with the Board of Directors for any other reason, all such communications should be sent in writing, care of the Secretary of the Company, or by email at board@tranetechnologies.com.”
Read it in last year's proxy ↗
The whole section
4 paragraphs quoted as filed
Certain Relationships and Related Person Transactions“The Company does not generally engage in transactions in which its executive officers, directors or nominees for directors, any of their immediate family members or any of its 5% shareholders have a material interest. Pursuant to the Company’s written related person transaction policy, any such transaction must be reported to management, which will prepare a summary of the transaction and refer it to the Sustainability, Corporate Governance and Nominating Committee for consideration and pre-approval by the disinterested directors. The Sustainability, Corporate Governance and Nominating Committee reviews the material terms of the related person transaction, including the dollar values involved, the relationships and interests of the parties to the transaction and the impact, if any, to a director’s independence. The Sustainability, Corporate Governance and Nominating Committee only approves those transactions that are in the best interest of the Company. In addition, the Company’s Code of Conduct, which sets forth standards applicable to all employees, officers and directors of the Company, generally proscribes transactions that could result in a conflict of interest for the Company. Any waiver of the Code of Conduct for any executive officer or director requires the approval of the Company’s Board of Directors. Any such waiver will, to the extent required by law or the NYSE, be disclosed on the Company’s website at www.tranetechnologies.com or on a current report on Form 8-K. No such waivers were requested or granted in 2025.”
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Certain Relationships and Related Person Transactions“We have not made payments to directors other than the fees to which they are entitled as directors (described under the heading “Compensation of Directors”) and the reimbursement of expenses related to their services as directors. We have made no loans to any director or officer nor have we purchased any shares of the Company from any director or officer.”
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Certain Relationships and Related Person Transactions“The son of Donald E. Simmons, the Company’s Group President, Americas is employed by the Company as a Complex Solutions Account Executive. In 2025 Mr. Simmons’ son received compensation from the Company in the form of a base salary and other cash benefits totaling $165,550. The compensation and other terms of employment of Mr. Simmons’ son were determined in accordance with the Company’s compensation practices applicable to employees with comparable qualifications and responsibilities and holding similar positions.”
Read it in the proxy ↗
Certain Relationships and Related Person Transactions“Except as described above, during the fiscal year ended December 31, 2025, there were no related party transactions that would trigger disclosure under Item 404 of Regulation S-K.”
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Paragraphs are compared by their words, not read by AI: one counts as new when no paragraph last year shares half of its words, or when it names a person or company last year's section did not. A deal reported again with a new amount is not new. Always check the filing. Open the proxy ↗ · Last year's proxy ↗