SPX Technologies officer holds 5,808 shares
SPX Technologies’ Det. & Measurement president reports initial stock and option holdings, with a domestic relations order affecting economic interest.
Sentiment and the balance of points
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Form Type
3
Rhea-AI Filing Summary
SPX Technologies, Inc. (SPXC) officer Eric A. Kaled, President, Det. & Measurement, filed an initial statement of beneficial ownership. He reports direct holdings of common stock and multiple employee stock options to purchase common stock with specified exercise prices and expirations. The holdings, including unvested RSUs and options, are subject to a domestic relations order under which 50% of the shares underlying his unvested RSUs, performance awards, and stock options are held for the benefit of his ex-spouse, and he expressly disclaims any pecuniary interest in those shares for Section 16 purposes.
Insider Trade Summary
9 transactions reported
Mixed
9 txns
Insider
Kaled Eric A
Role
President, Det. & Measurement
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Employee stock option to purchase common stock F3, F2 | -- | -- | -- |
| holding | Employee stock option to purchase common stock F4, F2 | -- | -- | -- |
| holding | Employee stock option to purchase common stock F5, F2 | -- | -- | -- |
| holding | Employee stock option to purchase common stock F6, F2 | -- | -- | -- |
| holding | Employee stock option to purchase common stock F7, F2 | -- | -- | -- |
| holding | Employee stock option to purchase common stock F8, F2 | -- | -- | -- |
| holding | Employee stock option to purchase common stock F9, F2 | -- | -- | -- |
| holding | Common Stock F1, F2 | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Employee stock option to purchase common stock — 8,836 contracts (Direct);
Common Stock — 5,808 shares (Direct);
Common Stock — 1,032 shares (Indirect, 401 (k) Plan)
Footnotes (9)
- F1. Includes 3,510 unvested restricted stock units ("RSUs"), assuming target level achievement for performance-based awards.
- F2. The reporting person's holdings are subject to a domestic relations order (the "DRO") providing that 50% of the shares underlying his unvested RSUs, performance awards, and stock options are held for the benefit of his ex-spouse. For purposes of Section 16 of the Securities Exchange Act of 1934 ("Section 16"), the reporting person expressly disclaims any pecuniary interest in any such shares and this report shall not be deemed an admission that such reporting person is the beneficial owner of such shares for purposes of Section 16 or otherwise.
- F3. Vests in three equal installments beginning on March 1, 2022.
- F4. Vests in three equal installments beginning on March 1, 2023.
- F5. Vests in three equal installments beginning on March 1, 2024.
- F6. Vests in three equal installments beginning on February 28, 2025.
- F7. Vests in three equal installments beginning on March 3, 2026.
- F8. Vests in three equal installments beginning on March 2, 2027.
- F9. Vests in three equal installments beginning on August 1, 2027.
Key Figures
Direct common stock holdings: 5,808 shares
Indirect common stock holdings (401(k) Plan): 1,032 shares
Unvested RSUs included in holdings: 3,510 units
+4 more
7 metrics
Direct common stock holdings
5,808 shares
Common Stock held directly as of August 31, 2026
Indirect common stock holdings (401(k) Plan)
1,032 shares
Common Stock held indirectly through a 401(k) plan as of August 31, 2026
Unvested RSUs included in holdings
3,510 units
Unvested restricted stock units assuming target performance for awards
Option exercise price
$48.97 per share
Employee stock option expiring March 1, 2031, covering 1,852 underlying shares
Option exercise price
$71.93 per share
Employee stock option expiring March 1, 2033, covering 1,507 underlying shares
Option exercise price
$116.40 per share
Employee stock option expiring February 28, 2034, covering 1,054 underlying shares
Option exercise price
$225.02 per share
Employee stock option expiring March 2, 2036, covering 628 underlying shares
Key Terms
restricted stock units ("RSUs"), domestic relations order ("DRO"), pecuniary interest, Section 16
4 terms
restricted stock units ("RSUs") financial
"Includes 3,510 unvested restricted stock units ("RSUs"), assuming target"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
domestic relations order ("DRO") regulatory
"holdings are subject to a domestic relations order ("DRO") providing that"
pecuniary interest financial
"the reporting person expressly disclaims any pecuniary interest in any such"
Section 16 regulatory
"beneficial owner of such shares for purposes of Section 16 or otherwise"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does SPXC’s Form 3 filing report for officer Eric A. Kaled?
It reports Eric A. Kaled’s initial beneficial ownership in SPX Technologies, Inc., listing common stock held directly and through a 401(k) plan, plus several employee stock options with stated exercise prices, vesting schedules, and expiration dates.
What unvested RSUs are disclosed in the SPXC Form 3?
The filing states that holdings include 3,510 unvested restricted stock units (RSUs), assuming target-level achievement for performance-based awards. These are part of the officer’s reported equity awards in SPX Technologies, Inc.
How does the domestic relations order affect Eric A. Kaled’s SPXC equity awards?
A domestic relations order provides that 50% of the shares underlying his unvested RSUs, performance awards, and stock options are held for the benefit of his ex-spouse. He expressly disclaims any pecuniary interest in those shares for Section 16 purposes.
What stock options are reported for Eric A. Kaled in SPXC?
He reports several employee stock options to purchase SPXC common stock, including awards with exercise prices of $48.97, $58.34, $71.93, $116.40, $138.60, $219.62, and $225.02, each with stated underlying share amounts and expiration dates from 2031 to 2036.
AI-generated analysis. How Rhea-AI works. Not financial advice.
