SPX Technologies (SPXC) director gifts 24,892 shares, shifts holdings to spouse
Rhea-AI Filing Summary
SPX Technologies, Inc. director Robert B. Toth reported a bona fide gift transfer of 24,892 shares of common stock on 2026-08-10. The shares were gifted to his spouse, creating indirect ownership of 24,892 shares held by his spouse, while his direct holdings total 754 shares, which include unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
49,784 shares gifted
Gift
2 txns
Insider
Toth Robert B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock F1, F2 | 24,892 | $0.00 | $0.00 |
| Gift | Common Stock F1 | 24,892 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 754 shares (Direct);
Common Stock — 24,892 shares (Indirect, By Spouse)
Footnotes (2)
- F1. The reporting person gifted 24,892 shares to his spouse.
- F2. Includes unvested restricted stock units.
Key Figures
Shares gifted: 24,892 shares of Common Stock
Gift price per share: $0.00 per share
Direct holdings after transaction: 754 shares
+2 more
5 metrics
Shares gifted
24,892 shares of Common Stock
Bona fide gift to spouse on 2026-08-10
Gift price per share
$0.00 per share
Reported transaction price for the bona fide gift
Direct holdings after transaction
754 shares
Common Stock held directly after gift, includes unvested RSUs
Indirect holdings after transaction
24,892 shares
Common Stock held indirectly by spouse after gift
Total gifted shares reported
49,784 shares
Aggregate gift shares across both legs as summarized in filing data
Key Terms
Bona fide gift, indirect ownership, restricted stock units
3 terms
Bona fide gift financial
"transaction_code_description: "Bona fide gift" for Common Stock transfer"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
indirect ownership financial
"Ownership type reported as indirect with nature "By Spouse""
restricted stock units financial
"Footnote states: "Includes unvested restricted stock units.""
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did SPX Technologies (SPXC) director Robert B. Toth report?
Robert B. Toth reported a bona fide gift of 24,892 SPXC common shares to his spouse on 2026-08-10, shifting those shares from direct to indirect ownership through his spouse.
What are Robert B. Toth’s direct SPXC holdings after this Form 4 transaction?
Following the gift, Robert B. Toth holds 754 SPXC common shares directly. A footnote states this includes unvested restricted stock units as part of his direct holdings.
What are Robert B. Toth’s indirect SPXC holdings through his spouse?
After the reported transaction, Toth has indirect ownership of 24,892 SPXC common shares held by his spouse, representing the shares transferred via the bona fide gift.
Does the SPXC Form 4 indicate trades under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and the footnotes describe the movement as a bona fide gift to his spouse, not a trading-plan execution.