SPX TECHNOLOGIES INC SEC Filings

SPX Technologies, Inc. officer J. Randall Data, President of Heating and Global Operations, reported multiple open‑market sales of company common stock. On December 11, 2025, he sold blocks of 400, 10,486, 500, 314 and 300 shares at weighted average prices between $213.89 and $218.51 per share.

After these transactions, he beneficially owns 38,020 shares directly and 3,801 shares indirectly through a 401(k) plan. The filing also lists employee stock options to purchase 3,272, 6,305 and 6,850 shares of common stock, with exercise prices of $48.97, $71.93 and $116.40, vesting in three equal installments beginning in 2023, 2024 and 2025, and expiring between 2032 and 2034.

SPX Technologies filed a Rule 144 notice covering a planned sale of 12,000 shares of its common stock through Fidelity Brokerage Services on the NYSE, with an aggregate market value of $2,584,481.21 as of the filing. The shares are expected to be sold around 12/11/2025. The filing lists 49,835,573 common shares outstanding.

The shares to be sold were acquired as equity compensation through restricted stock vesting from the issuer, including 4,894 shares on 02/20/2023, 5,228 shares on 02/16/2024, and 1,878 shares on 03/01/2024, all described as compensation. The signer represents that they are not aware of any undisclosed material adverse information about SPX Technologies’ current or prospective operations.

SPX Technologies (SPXC)10,552 shares at an exercise price of $50.09 and 8,641 shares at $48.97, adding to his common stock holdings. On the same date he sold 17,920, 17,891, and 2,944 shares of common stock in open-market transactions at weighted average prices of $205.47, $206.51, and $207.10, respectively. He also made a gift of 3,608 shares at a price of $0.

After these transactions, Swann directly beneficially owned 60,658 shares of SPX Technologies common stock, including unvested restricted stock units, and indirectly held 3,526 shares through a 401(k) plan. Several remaining option grants continue to be held, with various exercise prices and vesting schedules through 2028.

An affiliate of SPXC has filed a Rule 144 notice to sell 38,755 shares of common stock through Fidelity Brokerage Services on 11/19/2025 on the NYSE. The filing lists an aggregate market value of 7,986,502.37 for the planned sale and notes 49,835,573 shares outstanding for the issuer’s common stock. The shares come from multiple awards, including restricted stock that vested between 02/20/2021 and 03/01/2023, and option grants dated 02/20/2020 and 03/01/2022 that are scheduled to be exercised for cash on 11/19/2025. The seller represents that they are not aware of any undisclosed material adverse information about the issuer’s current or prospective operations.

SPX Technologies reported solid Q3 results. Revenue rose to $592.8 million from $483.7 million a year ago, and operating income increased to $97.1 million. Net income was $62.7 million, or $1.28 diluted EPS; income from continuing operations was $63.1 million, or $1.29 diluted EPS.

Growth reflected contributions from recent deals and strong end markets. The company closed the KTS acquisition on January 27, 2025 for $340.0 million and Sigma & Omega on April 15, 2025 for $143.6 million, with integration and amortization costs flowing through Q3. Segment revenue in Q3 was $387.4 million for HVAC and $205.4 million for Detection & Measurement.

Liquidity strengthened during the quarter: cash and equivalents were $229.4 million and the company completed an underwritten public offering, raising $551.1 million net of costs. Long‑term debt was $499.8 million. For the nine months, revenue reached $1,627.8 million with net income of $166.1 million. Common shares outstanding were 49,835,573 as of October 24, 2025.

Sean McClenaghan, President, Global Cooling at SPX Technologies, Inc. (SPXC), reported a Form 4 showing a tax-withholding disposition and continued option holdings. He delivered 1,328 shares to the issuer to satisfy withholding taxes on vested restricted stock units at a price of $186.78 per share. Following the reported transaction, the filing shows 24,422 shares beneficially owned (direct), an additional 8,883 shares disposed and 510 shares held indirectly in a 401(k) plan as reported on the form.

The report also discloses outstanding employee stock options: 20,585 options at a $55.22 exercise price (exercisable 10/01/2025–10/01/2032), 5,948 at $71.93 (03/01/2026–03/01/2033), 5,269 at $116.40 (02/28/2027–02/28/2034), and 4,229 at $138.60 (03/03/2028–03/03/2035). The filing was signed by an attorney-in-fact on 10/03/2025.

Jennifer Carpenter, VP and CHRO of SPX Technologies, Inc. (SPXC), reported a Form 4 disclosing insider activity dated 10/01/2025 with the filing signed on 10/03/2025. She delivered 185 shares to the issuer to satisfy tax withholding on vested restricted stock units at a price of $186.78 per share, leaving 3,830 shares held directly following the transaction. The filing also shows participation in a 401(k) plan with 106 shares held indirectly and that unvested restricted stock units are included in the reported holdings.

The report discloses two outstanding employee stock options: one for 2,990 shares with a $158.53 exercise price exercisable beginning 10/01/2027 and expiring 10/01/2034, and a second for 1,576 shares with a $138.60 exercise price exercisable beginning 03/03/2028 and expiring 03/03/2035. Explanations note the share delivery was solely for tax withholding and that the option grants vest in three equal installments starting on the stated exercise-eligible dates.

SPX Technologies entered into amendments to its credit arrangements establishing a new financing package that includes a $500 million term loan, a $1.5 billion multicurrency revolving credit facility (with sublimits for letters of credit and non-U.S. exposure) and a $25 million bilateral foreign credit instrument facility. The amended agreements require most domestic material subsidiaries to guarantee obligations and include financial covenants: a Consolidated Interest Coverage Ratio of at least 3.00x and a Consolidated Leverage Ratio not exceeding 3.75x (increasing to 4.25x for four quarters after certain permitted acquisitions). Exhibits include the Third Amendment to the Amended and Restated Credit Agreement and related guarantee and collateral amendment.