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Trane Technologies plc Board/Management Information 2022

Jan 6, 2022

29886_rns_2022-01-06_5cdf33f8-937a-430f-b8f4-379816e4f1b7.zip

Board/Management Information

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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) — January 5, 2022

____________________________________________

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

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

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On January 5, 2022, Marcia J. Avedon, Executive Vice President and Chief Human Resources, Marketing and Communications Officer, announced her intention to retire from the Company.

In connection with Ms. Avedon’s agreement to continue her employment for a transition period through April 2022, the Human Resources and Compensation Committee of the Board of Directors agreed to provide a cash retention award described in an employment letter dated January 5, 2022 (the “Avedon Offer Letter”). This description is qualified in its entirety by the Avedon Offer Letter, which is attached hereto as Exhibit 10.1 and is incorporated by reference herein.

The Company issued a press release on January 6, 2022 announcing the retirement of Ms. Avedon. A copy of this news release is furnished as Exhibit 99.1 to this report.

Item 9.01.
(d) Exhibits.
Exhibit No. Description
10.1 Marcia J. Avedon Offer Letter, Dated January 5, 2022
99.1 Press release dated January 6, 2022
104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

TRANE TECHNOLOGIES PLC (Registrant) — /s/ Evan M. Turtz
Evan M. Turtz, Senior Vice President, General Counsel and Secretary