SPX Technologies (SPXC) VP awarded restricted stock units, options

Rhea-AI Filing Summary

SPX Technologies reported an equity compensation grant to executive Daniel Jay Whitman, its VP, General Counsel & Secretary. On February 1, 2026, he received 1,173 restricted stock units of common stock and an employee stock option for 2,628 shares at an exercise price of $208.41 per share. The option, granted under the SPX 2019 Stock Compensation Plan, expires on February 1, 2036 and vests in three equal installments beginning on February 1, 2027. Following these grants, Whitman beneficially owned 1,173 shares of common stock and 2,628 stock options, all held directly.

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^*

Whitman Daniel Jay

(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)
	VP, GEN. COUNSEL & SECRETARY

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2026

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	02/01/2026		A(1)		1,173	A	(1)	1,173(2)	D

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	$208.41	02/01/2026		A(3)		2,628		02/01/2029(4)	02/01/2036	Common Stock	2,628	(3)	2,628	D

Explanation of Responses:

1. Grant of restricted stock units under the SPX 2019 Stock Compensation Plan.

2. Includes unvested restricted stock units.

3. Grant of stock option pursuant to the SPX 2019 Stock Compensation Plan.

4. Vests in three equal installments beginning on February 1, 2027.

	/s/ Caroline Prescott, Attorney-in-Fact for Daniel Jay Whitman	02/03/2026
	** 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 equity awards did SPX Technologies (SPXC) grant to Daniel Jay Whitman?

SPX Technologies granted Daniel Jay Whitman 1,173 restricted stock units and an employee stock option for 2,628 shares of common stock. Both awards were made under the SPX 2019 Stock Compensation Plan on February 1, 2026, as part of his executive compensation.

What is the exercise price and term of Daniel Jay Whitman’s SPXC stock options?

Whitman’s employee stock option has an exercise price of $208.41 per share and covers 2,628 shares of SPX Technologies common stock. The option was granted on February 1, 2026 and expires on February 1, 2036, giving a ten-year exercise window from the grant date.

How and when do Daniel Jay Whitman’s SPX Technologies options vest?

Whitman’s stock option vests in three equal installments beginning on February 1, 2027. This means one-third of the 2,628-option grant vests each year starting that date, aligning vesting with continued service under the SPX 2019 Stock Compensation Plan.

How many SPX Technologies shares does Daniel Jay Whitman own after these grants?

After the reported transactions, Whitman beneficially owns 1,173 shares of SPX Technologies common stock directly, including unvested restricted stock units. He also directly holds 2,628 employee stock options to purchase additional common shares, reflecting his updated equity position.

What compensation plan governs Daniel Jay Whitman’s SPXC equity awards?

Both the restricted stock units and the employee stock option were granted under the SPX 2019 Stock Compensation Plan. This plan provides for equity-based awards such as RSUs and stock options to SPX Technologies executives and employees as part of their long-term incentive compensation.