STOCK TITAN

SPX Technologies (SPXC) 2026 annual meeting passes all proposals

Filing Impact
(Moderate)
Filing Sentiment
(Negative)
Form Type
8-K

Rhea-AI Filing Summary

SPX Technologies, Inc. reported the results of its 2026 Annual Meeting of Stockholders held on May 12, 2026. Stockholder turnout was high, with 48,295,603 shares represented, or approximately 96.25% of the 50,176,770 shares of common stock entitled to vote.

All three director nominees — Ricky D. Puckett, Meenal A. Sethna, and Tana L. Utley — were elected to terms expiring at the 2027 annual meeting, each receiving over 45.7 million votes in favor. Stockholders also approved, on a non-binding advisory basis, the compensation of the named executive officers, with 43,785,463 votes for and 2,737,610 against.

In addition, stockholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2026, with 47,186,482 votes for, 1,071,387 against, and 37,734 abstentions.

Positive

  • None.

Negative

  • None.
Item 5.07 Submission of Matters to a Vote of Security Holders Governance
Results of a shareholder vote on proposals at an annual or special meeting.
Shares outstanding 50,176,770 shares Common stock entitled to vote as of the record date
Shares represented 48,295,603 shares Shares present in person or by proxy at 2026 annual meeting
Meeting turnout 96.25% Percentage of outstanding common stock represented at meeting
Say-on-Pay support 43,785,463 votes for Advisory approval of named executive officers’ compensation
Auditor ratification votes for 47,186,482 votes Ratification of Deloitte & Touche LLP for 2026
Director vote – Puckett 46,077,470 votes for Election of Ricky D. Puckett as director, term expiring 2027
broker non-votes financial
"Broker Non-Votes Ricky D. Puckett ... 1,711,274"
Broker non-votes occur when a brokerage firm is unable to vote on a shareholder’s behalf during a company election or decision because the shareholder has not given specific voting instructions, and the broker is not allowed or chooses not to vote on certain matters. They are important because they can affect the outcome of votes, especially when the results are close, by effectively reducing the total number of votes cast.
Say-on-Pay financial
"named executive officers’ compensation ... on a non-binding advisory basis (“Say-on-Pay”)."
A say-on-pay is a shareholder vote that gives investors a chance to approve or disapprove a company’s executive compensation packages, typically held at annual meetings. It matters because the vote signals investor satisfaction with how leaders are paid—like customers rating how well managers are rewarded—and can push boards to change pay plans, reducing governance risk and affecting investor confidence and stock value even though the vote is usually advisory rather than legally binding.
independent registered public accounting firm financial
"Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2026."
An independent registered public accounting firm is an outside accounting company officially registered with the government regulator to examine and report on a public company's financial records and controls. Investors treat its reports like an impartial inspector’s certificate — they add credibility to financial statements, help spot errors or misleading claims, and reduce the risk that shareholders are relying on unchecked or biased numbers.
non-binding advisory basis financial
"approval of the compensation ... as disclosed in the 2026 Proxy Statement, on a non-binding advisory basis."
A non-binding advisory basis is guidance or a recommendation offered for informational purposes that does not create legal obligations or guarantees; recipients can accept, modify, or ignore it without contractual consequences. Investors should treat it like a weather forecast for planning—useful for forming expectations and assessing risk, but not a firm promise—so they should verify assumptions, seek confirming information, and avoid relying on it as the sole basis for investment decisions.
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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):  May 12, 2026
 
SPX TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
 
Delaware 1-6948 88-3567996
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
 
6325 Ardrey Kell Road, Suite 400,
Charlotte, North Carolina 28277
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code  (980) 474-3700
 
NOT APPLICABLE
(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 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 classTrading Symbols(s)Name of each exchange on which registered
Common Stock, par value $0.01SPXCNew 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.




Item 5.07.    Submission of Matters to a Vote of Security Holders.
SPX Technologies, Inc. (the “Company”) held its 2026 Annual Meeting of Stockholders (the “Annual Meeting”) on May 12, 2026. At the Annual Meeting, the proposals listed below were submitted to a vote of the stockholders. The proposals are described in the Company’s definitive proxy statement for the Annual Meeting, which was filed with the Securities and Exchange Commission on March 31, 2026 (the “2026 Proxy Statement”). The voting results for each proposal are set forth below.

As of the record date for the Annual Meeting, there were 50,176,770 shares of common stock of the Company (“Common Stock”) outstanding and entitled to vote on each matter presented at the Annual Meeting. At the Annual Meeting, 48,295,603 shares of common stock, or approximately 96.25% of the outstanding shares of Common Stock entitled to vote, were represented in person or by proxy.

Proposal 1: Election of directors.

Director Nominee
Term Expiring
For
Against
Abstain
Broker Non-Votes
Ricky D. Puckett202746,077,470471,35735,5021,711,274
Meenal A. Sethna
202745,770,431771,67642,2221,711,274
Tana L. Utley
202746,192,240311,11380,9761,711,274

Each of the above-listed nominees was elected as a director for a term expiring at the Company's annual meeting of stockholders to be held in 2027.

Proposal 2: Approval of named executive officers’ compensation as disclosed in the 2026 Proxy Statement, on a non-binding advisory basis (“Say-on-Pay”).

For
Against
Abstain
Broker Non-Votes
43,785,4632,737,61061,2561,711,274

A majority of votes cast in the advisory vote were for approval of the compensation of the Company’s named executive officers and, accordingly, the Company’s stockholders approved the Company’s named executive officers’ compensation as disclosed in the 2026 Proxy Statement, on a non-binding advisory basis.

Proposal 3: Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2026.

For
Against
Abstain
47,186,4821,071,38737,734

As a result, the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2026 was ratified.












2


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.

SPX TECHNOLOGIES, INC.
(Registrant)
Date: May 12, 2026By:/s/ Daniel J. Whitman
Daniel J. Whitman
Vice President, General Counsel and Secretary


3

FAQ

What did SPXC stockholders vote on at the 2026 annual meeting?

Stockholders voted on three items: electing three directors, approving executive compensation on a non-binding advisory basis, and ratifying Deloitte & Touche LLP as independent registered public accounting firm for 2026. All three proposals received the necessary support to pass.

How many SPXC shares were represented at the 2026 annual meeting?

A total of 48,295,603 shares of SPX Technologies common stock were represented in person or by proxy, out of 50,176,770 shares entitled to vote. This represents approximately 96.25% stockholder participation, indicating very strong turnout for the meeting.

Were SPXC’s director nominees elected at the 2026 annual meeting?

Yes. Ricky D. Puckett, Meenal A. Sethna, and Tana L. Utley were each elected as directors with over 45.7 million votes in favor. Their terms will expire at the company’s annual meeting of stockholders expected to be held in 2027.

Did SPXC stockholders approve the Say-on-Pay proposal in 2026?

Yes. The advisory vote on named executive officers’ compensation passed with 43,785,463 votes for, 2,737,610 against, and 61,256 abstentions. Although non-binding, this indicates stockholder support for the compensation program disclosed in the 2026 proxy statement.

Who is SPXC’s independent auditor for 2026 following the vote?

Stockholders ratified the appointment of Deloitte & Touche LLP as SPX Technologies’ independent registered public accounting firm for 2026. The ratification received 47,186,482 votes for, 1,071,387 against, and 37,734 abstentions, confirming continued support for Deloitte & Touche LLP.

What are broker non-votes in the SPXC 2026 meeting results?

Broker non-votes are shares held by brokers that were not voted on certain proposals because the beneficial owners did not provide instructions. For Proposals 1 and 2, there were 1,711,274 broker non-votes, which did not count as votes for or against those items.

Filing Exhibits & Attachments

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