SPX Technologies grants equity to VP, General Counsel
Whitman Daniel Jay reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Whitman Daniel Jay reported acquisition or exercise transactions in this Form 4 filing.
SPX Technologies, Inc. reported that its VP, General Counsel & Secretary, Daniel Jay Whitman, received new equity awards. He was granted employee stock options for 1,389 shares of common stock and a separate award of 1,842 shares of common stock as restricted stock units, both at a grant price of $0.00 per share under the SPX 2019 Stock Compensation Plan. Following these awards, he directly holds 3,015 shares of common stock and 2,628 stock options, and indirectly holds 11 shares through a 401(k) plan. The footnotes state that the awards, including unvested restricted stock units and options, vest in three equal installments beginning on March 3, 2027 and February 1, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee stock option to purchase common stock | 1,389 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,842 | $0.00 | $0.00 |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (5)
- F1. Grant of restricted stock units under the SPX 2019 Stock Compensation Plan.
- F2. Includes unvested restricted stock units.
- F3. Grant of stock options pursuant to the SPX 2019 Stock Compensation Plan.
- F4. Vests in three equal installments beginning on March 3, 2027.
- F5. Vests in three equal installments beginning on February 1, 2027.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did SPX Technologies (SPXC) report for Daniel Jay Whitman?
How many SPX Technologies (SPXC) stock options were granted to Daniel Jay Whitman?
What is Daniel Jay Whitman’s total SPX Technologies (SPXC) equity holding after these awards?
What vesting schedule applies to the new SPX Technologies (SPXC) equity awards?
Under which plan were the SPX Technologies (SPXC) awards to Daniel Jay Whitman granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.