SPX Technologies (SPXC) CEO gets 14,619-share award, delivers 22,562 for tax

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

12 transactions reported

Mixed 12 txns

Insider Lowe Eugene Joseph III

Role PRESIDENT AND CEO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	14,619	$0.00	--
Tax Withholding	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	--	--	--

Holdings After Transaction: Common Stock — 787,691 shares (Direct); Employee stock option to purchase common stock — 82,405 shares (Direct); Common Stock — 5,035 shares (Indirect, 401 (k) Plan)

Footnotes (1)

1. Grant of shares under the SPX 2019 Stock Compensation Plan for achievement of performance for the 2023-2025 performance period. Includes unvested restricted stock units. 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. Vests in three equal installments beginning on March 1, 2018. Vests in three equal installments beginning on February 22, 2019. Vests in three equal installments beginning on February 21, 2020. Vests in three equal installments beginning on February 20, 2021. Vests in three equal installments beginning on March 1, 2022. Vests in three equal installments beginning on March 1, 2023. Vests in three equal installments beginning on March 1, 2024. Vests in three equal installments beginning on February 28, 2025. Vests in three equal installments beginning on March 3, 2026.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Lowe Eugene Joseph III

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRESIDENT AND CEO

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

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	02/24/2026		A(1)		14,619	A	(1)	787,691(2)	D
Common Stock	02/24/2026		F(3)		22,562	D	$237.18	765,129(2)	D
Common Stock								5,035	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	$27.4							03/01/2020(4)	03/01/2027	Common Stock	82,405		82,405	D
Employee stock option to purchase common stock	$32.69							02/22/2021(5)	02/22/2028	Common Stock	72,298		72,298	D
Employee stock option to purchase common stock	$36.51							02/21/2022(6)	02/21/2029	Common Stock	77,463		77,463	D
Employee stock option to purchase common stock	$50.09							02/20/2023(7)	02/20/2030	Common Stock	53,465		53,465	D
Employee stock option to purchase common stock	$58.34							03/01/2024(8)	03/01/2031	Common Stock	46,291		46,291	D
Employee stock option to purchase common stock	$48.97							03/01/2025(9)	03/01/2032	Common Stock	49,378		49,378	D
Employee stock option to purchase common stock	$71.93							03/01/2026(10)	03/01/2033	Common Stock	33,707		33,707	D
Employee stock option to purchase common stock	$116.4							02/28/2027(11)	02/28/2034	Common Stock	24,238		24,238	D
Employee stock option to purchase common stock	$138.6							03/03/2028(12)	03/03/2035	Common Stock	21,529		21,529	D

Explanation of Responses:

1. Grant of shares under the SPX 2019 Stock Compensation Plan for achievement of performance for the 2023-2025 performance period.

2. Includes unvested restricted stock units.

3. 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.

4. Vests in three equal installments beginning on March 1, 2018.

5. Vests in three equal installments beginning on February 22, 2019.

6. Vests in three equal installments beginning on February 21, 2020.

7. Vests in three equal installments beginning on February 20, 2021.

8. Vests in three equal installments beginning on March 1, 2022.

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

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

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

12. Vests in three equal installments beginning on March 3, 2026.

	/s/ Daniel Whitman, Attorney in Fact for Eugene Joseph Lowe III	02/26/2026
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What insider transactions did SPXC CEO Eugene Lowe report?

Eugene Joseph Lowe III reported a stock grant and a tax-withholding share disposition. He received 14,619 SPX Technologies common shares and delivered 22,562 shares back to the issuer to satisfy withholding taxes on vesting restricted stock units.

How many SPX Technologies (SPXC) shares were granted to the CEO?

The CEO received a grant of 14,619 shares of SPX Technologies common stock at $0.00 per share. The award was made under the SPX 2019 Stock Compensation Plan, based on performance for the 2023–2025 performance period.

Why were 22,562 SPXC shares disposed of in this Form 4 filing?

The 22,562 SPX Technologies shares were delivered to the issuer to pay withholding taxes. Those taxes were due upon vesting of previously granted restricted stock units under the SPX 2019 Stock Compensation Plan, rather than representing an open-market sale.

What is the reported price for the SPXC tax-withholding share delivery?

The tax-withholding disposition used a price of $237.18 per SPX Technologies common share for 22,562 shares. This price reflects the value applied in delivering shares back to the issuer to cover the related withholding tax obligation.

How many SPXC shares does the CEO hold after these transactions?

After the reported transactions, the CEO directly holds 765,129 SPX Technologies common shares. Additionally, he indirectly holds 5,035 common shares through a 401(k) plan, reflecting both direct and retirement-plan interests in the company.

What compensation plan governs the SPXC CEO’s recent stock grant?

The stock grant is under the SPX 2019 Stock Compensation Plan. The 14,619-share award reflects achievement of performance goals for the 2023–2025 performance period, and is part of the company’s long-term equity incentive compensation structure.