Trane Technologies Executive Compensation (FY25)

Name: Trane Technologies (TT) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

TT · Davidson, NC · Executive and director compensation, fiscal 2022 to 2025

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Data as of September 7, 2026Latest filing (8-K): June 5, 2026

14 filings cited on this page

Method: intel.velarion.ai/methodology

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Trane Technologies brief$1,500Get the executive brief

369 figures on this page: 360 cited to the filing that reported them, 9 calculated from figures it prints. See the citations

Chief executive, fiscal 2025

◇

David Regnery

Latest say-on-pay support

June 5, 2026

Chief executive pay ratio

◇

To the median employee

What changed from fiscal 2024 to fiscal 2025

The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.

Chief executive total compensation — David Regnery: $28,213,787 → $27,262,157 (3.4% lower)

Say-on-pay support: 90.3% → 88.4% (1.9 points lower)

CEO pay ratio: 426:1 → 402:1 (5.6% lower)

Frequently asked questions

Answers drawn from the data on this page.

Who is Trane Technologies' chief executive and what were they paid?

David Regnery, Chair and Chief Executive Officer, received $27,262,157 in total compensation for fiscal 2025. Compared with the $28,213,787 reported for fiscal 2024, Regnery's total was 3.4% lower.

What was Trane Technologies' say-on-pay result?

For fiscal 2025, shareholders backed the say-on-pay proposal with 88.4% of votes cast for or against in favor at the meeting held June 5, 2026.

Which companies are in Trane Technologies' peer group?

Companies named in the disclosed peer group include 3M Company, Carrier Global Corporation, Cummins Inc., Danaher Corporation and Deere & Company, among others.

What is Trane Technologies' chief executive pay ratio?

For fiscal 2025, the company reported a chief executive pay ratio of 402:1, against median employee compensation of $67,812.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
David Regnery Chair and Chief Executive Officer	◇	—	◇	◇	◇	—	◇	◇
Christopher Kuehn Executive Vice President and Chief Financial Officer	◇	—	◇	◇	◇	—	◇	◇
Paul A. Camuti Executive Vice President and Chief Technology and Sustainability Officer	◇	—	◇	◇	◇	—	◇	◇
Evan M. Turtz Senior Vice President and General Counsel	◇	—	◇	◇	◇	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
David Regnery Chair and Chief Executive Officer	◇	—	◇	◇	◇	◇	◇	◇
Christopher Kuehn Executive Vice President and Chief Financial Officer	◇	—	◇	◇	◇	◇	◇	◇
Paul A. Camuti Executive Vice President and Chief Technology and Sustainability Officer	◇	—	◇	◇	◇	◇	◇	◇
Evan M. Turtz Senior Vice President and General Counsel	◇	—	◇	◇	◇	◇	◇	◇
Robert Pittard Executive Vice President and Chief Integrated Supply Chain Officer	◇	—	◇	◇	◇	◇	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
David Regnery Chair and Chief Executive Officer	◇	—	◇	◇	◇	◇	◇	◇
Christopher Kuehn Executive Vice President and Chief Financial Officer	◇	—	◇	◇	◇	◇	◇	◇
Donald Simmons Group President, Americas	◇	—	◇	◇	◇	◇	◇	◇
Paul A. Camuti Executive Vice President and Chief Technology and Sustainability Officer	◇	—	◇	◇	◇	◇	◇	◇
Evan M. Turtz Senior Vice President and General Counsel	◇	—	◇	◇	◇	◇	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
David Regnery Chair and Chief Executive Officer	◇	—	◇	◇	◇	◇	◇	◇
Christopher Kuehn Executive Vice President and Chief Financial Officer	◇	—	◇	◇	◇	◇	◇	◇
Donald Simmons Group President, Americas	◇	—	◇	◇	◇	◇	◇	◇
Mingxiao Guo Senior Vice President and Chief Global Integrated Supply Chain Officer	◇	—	◇	—	—	—	◇	◇
Mauro Atalla Senior Vice President and Chief Technology and Sustainability Officer	◇	◇	◇	◇	◇	—	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2025

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Christopher Kuehn	PSU	◇	—	—	◇	—	—	◇
Christopher Kuehn	RSU	◇	—	—	◇	—	—	◇
Christopher Kuehn	OPTION	◇	—	—	◇	—	◇	◇
David Regnery	PSU	◇	—	—	◇	—	—	◇
David Regnery	RSU	◇	—	—	◇	—	—	◇
David Regnery	OPTION	◇	—	—	◇	—	◇	◇
Donald Simmons	RSU	◇	—	—	◇	—	—	◇
Donald Simmons	PSU	◇	—	—	◇	—	—	◇
Donald Simmons	OPTION	◇	—	—	◇	—	◇	◇
Mauro Atalla	OPTION	◇	—	—	◇	—	◇	◇
Mauro Atalla	RSU	◇	—	—	◇	—	—	◇
Mauro Atalla	RSU	◇	—	—	◇	—	—	◇
Mauro Atalla	PSU	◇	—	—	◇	—	—	◇
Mauro Atalla	OPTION	◇	—	—	◇	—	◇	◇
Mauro Atalla	PSU	◇	—	—	◇	—	—	◇
Mingxiao Guo	RSU	◇	—	—	◇	—	—	◇
Mingxiao Guo	PSU	◇	—	—	◇	—	—	◇
Mingxiao Guo	PSU	◇	—	—	◇	—	—	◇
Mingxiao Guo	RSU	◇	—	—	◇	—	—	◇

Fiscal 2022, 2023, 2024 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2025 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Mauro Atalla	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	Option	◇	—	◇	2/3/2035
	Option	◇	—	◇	2/3/2035
David Regnery	RSU	◇	◇	—	—
	Option	◇	—	◇	2/6/2033
	Option	◇	—	◇	2/5/2034
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	Option	◇	—	◇	2/3/2035
Christopher Kuehn	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	Option	◇	—	◇	2/5/2034
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	Option	◇	—	◇	2/6/2033
	Option	◇	—	◇	2/3/2035
	RSU	◇	◇	—	—
Mingxiao Guo	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
Donald Simmons	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	Option	◇	—	◇	2/5/2034
	Option	◇	—	◇	2/6/2033
	Option	◇	—	◇	2/3/2035
	RSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.

Christopher Kuehn

Executive Vice President and Chief Financial Officer · Change-in-control agreement

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

Mauro Atalla

Senior Vice President and Chief Technology and Sustainability Officer · Change-in-control agreement

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

Mingxiao Guo

Senior Vice President and Chief Global Integrated Supply Chain Officer · Change-in-control agreement

Severance multiple	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇
Clawback	◇

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
John P. Surma Lead independent director	◇	◇	—	—	—	◇	◇
April Miller Boise	◇	◇	—	—	—	◇	◇
Melissa N. Schaeffer	◇	◇	—	—	—	◇	◇
John A. Hayes	◇	◇	—	—	—	◇	◇
Linda P. Hudson	◇	◇	—	—	—	◇	◇
Ann C. Berzin	◇	◇	—	—	—	◇	◇
Myles P. Lee	◇	◇	—	—	—	◇	◇
Kirk E. Arnold	◇	◇	—	—	—	—	◇
Mark R. George	◇	◇	—	—	—	—	◇
Ana P. Assis	◇	◇	—	—	—	—	◇
Matthew F. Pine	◇	◇	—	—	—	◇	◇
G. D. Forsee	◇	—	—	—	—	◇	◇

David S. Regnery served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Total board retainer	◇
Lead independent director premium	◇
Audit committee member	◇

Equity is delivered as restricted stock units.

Stock ownership guideline: 5x annual cash retainer ($712,500)

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Fiscal 2025

3M Company MMM
Carrier Global Corporation CARR
Cummins Inc. CMI
Danaher Corporation DHR
Deere & Company DE
Dover Corporation DOV
Eaton Corporation plc ETN
Emerson Electric Co. EMR
Honeywell International Inc. HON
Illinois Tool Works Inc. ITW
Johnson Controls International plc JCI
Otis Worldwide Corporation OTIS
Parker-Hannifin Corporation PH
Rockwell Automation, Inc. ROK
TE Connectivity Ltd. TEL

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	June 5, 2026	=	◇	◇	◇
2024	June 6, 2025	=	◇	◇	◇
2023	June 6, 2024	=	◇	◇	◇
2022	June 1, 2023	=	◇	◇	◇
2021	June 2, 2022	=	◇	◇	◇
2020	June 3, 2021	=	◇	◇	◇
2019	June 4, 2020	=	◇	◇	◇
2018	June 6, 2019	=	◇	◇	◇
2017	June 7, 2018	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Median employee compensation

◇

Chief executive total compensation

◇

What this page does not include

Everything above is a fact Trane Technologies disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Peer benchmarking

Where Trane Technologies sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.

Executive Compensation Report — $1,500

Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

Executive Compensation Report — $1,500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

Board Governance Report — $1,200

Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

Velarion Intelligence

Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

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Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

369 figures on this page: 360 cited to the filing that reported them, 9 calculated from figures it prints.

360 cited to the filing

9 calculated from the filing

Documents cited

8-K, filed June 5, 2026
0001628280-26-041032
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 23, 2026
0001628280-26-026679
2025 Director Compensation · CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · and 2 more sections
8-K, filed June 6, 2025
0001628280-25-029807
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 24, 2025
0001466258-25-000114
Summary Compensation Table · Summary Compensation Table - 2024
8-K, filed June 7, 2024
0001466258-24-000191
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 25, 2024
0001466258-24-000155
Summary Compensation Table · Summary Compensation Table - 2023
8-K, filed June 2, 2023
0001466258-23-000128
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 21, 2023
0001466258-23-000108
Summary Compensation Table
8-K, filed June 3, 2022
0001466258-22-000119
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed June 3, 2021
0001466258-21-000096
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed June 10, 2020
0001466258-20-000171
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed June 11, 2019
0001466258-19-000218
8-K, filed June 12, 2018
0001466258-18-000172
Item 5.07 Submission of Matters to a Vote of Security Holders
EX-10, filed June 30, 2009
0001193125-09-166979

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14 filings cited on this page

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Peers Trane Technologies discloses

The companies named in TT's own disclosed peer group.

3M Company Carrier Global Corporation Cummins Inc.Danaher Corporation Deere & Company Dover Corporation Eaton Corporation plc Emerson Electric Co.Honeywell International Inc.Illinois Tool Works Inc.Johnson Controls International plc Otis Worldwide Corporation Parker-Hannifin Corporation Rockwell Automation, Inc.TE Connectivity Ltd.

Terms on this page

Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}