Trane Technologies plc DEFA14A, filed Apr 29, 2022
Trane Technologies plc (TT)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
Proxy Statement Pursuant to Section
14(a) of the
Securities Exchange Act of 1934 (Amendment No. )
| ☑ | Filed by the Registrant | ☐ | Filed by a party other than the Registrant |
| CHECK THE APPROPRIATE BOX: | ||
| ☐ | Preliminary Proxy Statement | |
| ☐ | Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2)) | |
| ☐ | Definitive Proxy Statement | |
| ☑ | Definitive Additional Materials | |
| ☐ | Soliciting Material under §240.14a-12 | |
TRANE TECHNOLOGIES PLC
(Name of Registrant as Specified In Its
Charter)
(Name of Person(s) Filing Proxy
Statement, if other than the Registrant)
| PAYMENT OF FILING FEE (CHECK ALL BOXES THAT APPLY): | ||
| ☑ | No fee required | |
| ☐ | Fee paid previously with preliminary materials | |
| ☐ | Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11 | |
Trane Technologies plc
Annual Meeting of Stockholders
June 2, 2022
Supplemental Information Regarding
Item 2 – Advisory Approval of the Compensation of Our
Named Executive Officers
Trane Technologies plc (the “Company”) is voluntarily supplementing the Company’s proxy statement (the “Proxy Statement”) for the Annual Meeting of Stockholders to be held on June 2, 2022 (the “Annual Meeting”), as filed with the Securities and Exchange Commission (“SEC”) on April 22, 2022 to update the base salary of one executive in the Summary Compensation Table. This supplemental information should be read in conjunction with the Proxy Statement, which should be read in its entirety.
Revised Text of the Proxy Statement
The base salary of Dave S. Regnery in the Summary Compensation Table on page 13 and page 60 is replaced with the following (revised text is in bold and underlined):
| Name and Principal Position |
Year | Salary ($)(a) |
Bonus ($) |
Stock Awards ($)(b) |
Option Awards ($)(c) |
Non-Equity Incentive Plan Compensation ($)(d) |
Change in Pension Value and Nonqualified Deferred Compensation Earnings ($)(e) |
All Other Compensation ($)(f) |
Total ($) | |||||||||
| D. S. Regnery Chair and Chief Executive Officer |
2021 | 1,037,500 | — | 5,173,935 | 1,500,036 | 2,224,399 | 2,695,010 | 257,638 | 12,888,518 | |||||||||
| 2020 | 850,000 | 150,000 | 2,408,938 | 650,009 | 850,000 | 3,735,597 | 119,679 | 8,764,223 | ||||||||||
| 2019 | 761,250 | — | 1,887,911 | 642,630 | 856,177 | 2,693,861 | 159,876 | 7,001,705 |