SPX Technologies (SPXC) exec shares withheld to cover tax obligations

Rhea-AI Filing Summary

SPX Technologies, Inc. executive Data J Randall reported tax-related share dispositions tied to equity compensation. On March 1, 2026, 397 shares of common stock were delivered back to the company at $226.94 per share, and on February 28, 2026, 456 shares were similarly delivered, in each case to satisfy withholding taxes upon the vesting of previously granted restricted stock units under the SPX 2019 Stock Compensation Plan.

After these transactions, Randall directly owned 36,312 shares of common stock and held additional indirect ownership of common stock through a 401(k) plan, as well as employee stock options and unvested restricted stock units that vest in three equal installments beginning on March 1, 2023, March 1, 2024, and February 28, 2025.

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^*

Data J Randall

(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)
	PRES., HEATING AND GLOBAL OPER

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)		456	D	$226.94	36,709(2)	D
Common Stock	03/01/2026		F(1)		397	D	$226.94	36,312(2)	D
Common Stock								3,818	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
Employee stock option to purchase common stock	$48.97							03/01/2025(3)	03/01/2032	Common Stock	3,272		3,272	D
Employee stock option to purchase common stock	$71.93							03/01/2026(4)	03/01/2033	Common Stock	6,305		6,305	D
Employee stock option to purchase common stock	$116.4							02/10/2027(5)	02/28/2034	Common Stock	6,850		6,850	D

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.

3. Vests in three equal installments beginning on March 1, 2023.

4. Vests in three equal installments beginning on March 1, 2024.

5. Vests in three equal installments beginning on February 28, 2025.

	/s/ Caroline Prescott, Attorney in Fact for J. Randall Data	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 activity did SPX Technologies (SPXC) report for Data J Randall?

SPX Technologies reported that executive Data J Randall disposed of shares through tax-withholding transactions linked to vested restricted stock units. Shares were delivered back to the company rather than sold on the open market.

How many SPX Technologies (SPXC) shares were used for tax withholding?

A total of 853 common shares of SPX Technologies were delivered back to the company for tax withholding, consisting of 397 shares on March 1, 2026, and 456 shares on February 28, 2026, at a price of $226.94 per share.

Did Data J Randall sell SPX Technologies (SPXC) shares on the open market?

No open-market sale was reported. The Form 4 describes tax-withholding dispositions, where shares were delivered to SPX Technologies to satisfy withholding taxes owed on vesting restricted stock units granted under the SPX 2019 Stock Compensation Plan.

How many SPX Technologies (SPXC) shares does Data J Randall own after these transactions?

After these transactions, Data J Randall directly owned 36,312 SPX Technologies common shares. He also held indirect ownership through a 401(k) plan and maintained employee stock options and unvested restricted stock units.

What equity awards for SPX Technologies (SPXC) does Data J Randall hold?

Data J Randall holds employee stock options and unvested restricted stock units. The restricted stock units vest in three equal installments beginning on March 1, 2023, March 1, 2024, and February 28, 2025, according to the disclosure footnotes.

What plan governs the restricted stock units in SPX Technologies (SPXC) Form 4?

The restricted stock units referenced in the Form 4 were granted under the SPX 2019 Stock Compensation Plan. Shares were delivered to SPX Technologies to cover withholding taxes when those restricted stock units vested under this plan.