SPX Technologies (SPXC) CEO trades stock after large option exercise

Rhea-AI Filing Summary

SPX Technologies, Inc. president and CEO Eugene Joseph Lowe III reported a mix of option exercises, share sales, and tax-related share dispositions. On March 2, 2026, he exercised employee stock options covering 82,405 shares of common stock at $27.40 per share, receiving the same number of common shares. That day he sold a total of 41,416 shares of common stock in open-market transactions at weighted average prices ranging from $223.73 to $226.44 per share. On February 28–March 1, 2026, an additional 4,323 shares were delivered to the issuer to satisfy withholding taxes due upon vesting of restricted stock units. Following these transactions, he continued to hold a substantial direct common stock position and also had indirect holdings in a 401(k) plan.

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^*

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)
02/28/2026

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	02/28/2026		F(1)		1,816	D	$226.94	763,313(2)	D
Common Stock	03/01/2026		F(1)		2,507	D	$226.94	760,806(2)	D
Common Stock	03/02/2026		M		82,405	A	$27.4	843,211(2)	D
Common Stock	03/02/2026		S(3)		6,508	D	$224.36	836,703(2)	D
Common Stock	03/02/2026		S(4)		29,830	D	$225.23	806,873(2)	D
Common Stock	03/02/2026		S(5)		5,078	D	$225.85	801,795(2)	D
Common Stock								4,212	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	03/02/2026		M			82,405	03/01/2020(6)	03/01/2027	Common Stock	82,405	$0	0	D
Employee stock option to purchase common stock	$32.69							02/22/2021(7)	02/22/2028	Common Stock	72,298		72,298	D
Employee stock option to purchase common stock	$36.51							02/21/2022(8)	02/21/2029	Common Stock	77,463		77,463	D
Employee stock option to purchase common stock	$50.09							02/20/2023(9)	02/20/2030	Common Stock	53,465		53,465	D
Employee stock option to purchase common stock	$58.34							03/01/2024(10)	03/01/2031	Common Stock	46,291		46,291	D
Employee stock option to purchase common stock	$48.97							03/01/2025(11)	03/01/2032	Common Stock	49,378		49,378	D
Employee stock option to purchase common stock	$71.93							03/01/2026(12)	03/01/2033	Common Stock	33,707		33,707	D
Employee stock option to purchase common stock	$116.4							02/28/2027(13)	02/28/2034	Common Stock	24,238		24,238	D
Employee stock option to purchase common stock	$138.6							03/03/2028(14)	03/03/2035	Common Stock	21,529		21,529	D

Explanation of Responses:

1. 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.

2. Includes unvested restricted stock units.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $223.73 to $224.73, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $224.74 to $225.74, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $225.75 to $226.44, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

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

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

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

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

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

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

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

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

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

	/s/ Daniel Whitman, Attorney in Fact for Eugene Joseph Lowe III	03/03/2026
	** 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).
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 SPX Technologies (SPXC) CEO report?

SPX Technologies CEO Eugene Joseph Lowe III reported option exercises, open-market share sales, and tax-withholding share deliveries. The filing details multiple transactions in late February and early March 2026 involving common stock and employee stock options.

How many SPX Technologies (SPXC) options did the CEO exercise?

On March 2, 2026, the CEO exercised employee stock options for 82,405 shares of SPX Technologies common stock at an exercise price of $27.40 per share, receiving the same number of common shares in the transaction.

How many SPX Technologies (SPXC) shares did the CEO sell and at what prices?

The CEO sold 41,416 shares of SPX Technologies common stock on March 2, 2026, in open-market transactions at weighted average prices ranging from $223.73 to $226.44 per share, according to the detailed price ranges in the filing footnotes.

Were any SPX Technologies (SPXC) shares used to cover taxes for the CEO?

Yes. The filing states that 4,323 shares of SPX Technologies common stock were delivered to the issuer on February 28 and March 1, 2026 to pay withholding taxes due on vesting of previously granted restricted stock units.

Does the SPX Technologies (SPXC) CEO still hold shares after these transactions?

Yes. After these transactions, the CEO continued to hold a significant direct position in SPX Technologies common stock and also had indirect ownership through a 401(k) plan, as reflected in the post-transaction share balances reported.

What do the weighted average prices in the SPX Technologies (SPXC) filing mean?

The filing explains that reported sale prices are weighted averages for multiple trades. For example, some shares were sold between $223.73 and $226.44 per share, with detailed trade-by-trade pricing available from SPX Technologies or the reporting person upon request.