Tax-withholding share dispositions by SPX Technologies (SPXC) chief accounting officer

Rhea-AI Filing Summary

SPX Technologies, Inc. chief accounting officer Wayne M. McLaren reported tax-related share dispositions tied to vesting of restricted stock units under the SPX 2019 Stock Compensation Plan. On March 1, 2026, 125 shares of common stock were delivered to the company at $226.94 per share to cover withholding taxes. On February 28, 2026, an additional 112 shares were similarly delivered at $226.94 per share. After these transactions, McLaren directly owned 7,188 common shares, which include unvested restricted stock units, and indirectly held 697 shares through a 401(k) plan.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McLaren Wayne M.

(Last) (First) (Middle)

C/O SPX TECHNOLOGIES, INC.

6325 ARDREY KELL ROAD, SUITE 400

(Street)

CHARLOTTE NC 28277

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
SPX Technologies, Inc. [ SPXC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	CHIEF ACCOUNTING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/28/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/28/2026		F(1)		112	D	$226.94	7,313(2)	D
Common Stock	03/01/2026		F(1)		125	D	$226.94	7,188(2)	D
Common Stock								697	I	401 (k) Plan

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock units previously granted under the SPX 2019 Stock Compensation Plan.

2. Includes unvested restricted stock units.

	/s/ Daniel Whitman, Attorney in Fact for Wayne M. McLaren	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did SPXC chief accounting officer report on this Form 4?

Wayne M. McLaren reported share dispositions used to pay tax withholding on vested restricted stock units. A total of 237 common shares were delivered back to SPX Technologies at $226.94 per share rather than sold in the open market.

Were the SPXC insider transactions open-market sales of common stock?

No, the transactions were not open-market sales. The filing states the shares were delivered to SPX Technologies to satisfy withholding taxes due upon vesting of restricted stock units previously granted under the SPX 2019 Stock Compensation Plan.

How many SPXC shares were used to cover tax withholding for Wayne M. McLaren?

The filing shows 125 shares on March 1, 2026 and 112 shares on February 28, 2026, totaling 237 common shares. All were delivered to SPX Technologies to pay tax liabilities on vesting restricted stock units.

What is Wayne M. McLaren’s SPXC share ownership after these transactions?

After the reported tax-withholding dispositions, McLaren directly owned 7,188 SPX Technologies common shares, including unvested restricted stock units. He also indirectly held 697 additional shares through a 401(k) plan, according to the Form 4 disclosure.

What role do restricted stock units play in this SPXC Form 4 filing?

The transactions arise from restricted stock units granted under the SPX 2019 Stock Compensation Plan. When these units vested, shares were issued and a portion was delivered back to SPX Technologies to pay withholding taxes, rather than paying those taxes in cash.

How are McLaren’s indirect SPXC holdings characterized in the Form 4?

The filing lists 697 common shares as indirectly owned through a 401(k) plan. This indirect ownership is coded as "I" and described as "401 (k) Plan," distinguishing it from McLaren’s directly held shares and unvested restricted stock units.