SPX Technologies CEO awarded 14,619 shares
SPX Technologies, Inc. President and CEO Eugene Joseph Lowe III reported equity compensation and related tax withholding transactions in company stock.
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Rhea-AI Filing Summary
SPX Technologies, Inc. President and CEO Eugene Joseph Lowe III reported equity compensation and related tax withholding transactions in company stock. On February 24, 2026, he received a grant of 14,619 shares of common stock at $0.00 per share, tied to achievement under the SPX 2019 Stock Compensation Plan for the 2023–2025 performance period.
On the same date, 22,562 common shares at $237.18 per share were delivered back to the issuer to cover withholding taxes upon vesting of previously granted restricted stock units. After these transactions, he directly held 765,129 common shares, and indirectly held 5,035 common shares through a 401(k) plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 14,619 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 22,562 | $237.18 | $5.35M |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (12)
- F1. Grant of shares under the SPX 2019 Stock Compensation Plan for achievement of performance for the 2023-2025 performance period.
- F2. Includes unvested restricted stock units.
- F3. 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.
- F4. Vests in three equal installments beginning on March 1, 2018.
- F5. Vests in three equal installments beginning on February 22, 2019.
- F6. Vests in three equal installments beginning on February 21, 2020.
- F7. Vests in three equal installments beginning on February 20, 2021.
- F8. Vests in three equal installments beginning on March 1, 2022.
- F9. Vests in three equal installments beginning on March 1, 2023.
- F10. Vests in three equal installments beginning on March 1, 2024.
- F11. Vests in three equal installments beginning on February 28, 2025.
- F12. Vests in three equal installments beginning on March 3, 2026.
FAQ
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What insider transactions did SPXC CEO Eugene Lowe report?
What compensation plan governs the SPXC CEO’s recent stock grant?
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