Director at SPX Technologies (SPXC) awarded 754 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Willis Angel S reported acquisition or exercise transactions in this Form 4 filing.
SPX Technologies director Willis Angel received an equity grant in the form of restricted stock units under the SPX 2019 Stock Compensation Plan. The award covers 754 shares of Common Stock at no cash cost, and the reported total direct holdings after this grant are 9,364 shares, which include unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Willis Angel S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 754 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,364 shares (Direct, null)
Footnotes (1)
- Grant of restricted stock units under the SPX 2019 Stock Compensation Plan. Includes unvested restricted stock units.
Key Figures
RSU grant size: 754 shares
Post-grant holdings: 9,364 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSU grant size
754 shares
Restricted stock units of Common Stock granted to director
Post-grant holdings
9,364 shares
Total direct holdings after transaction, includes unvested RSUs
Grant price per share
$0.0000 per share
Reported price for RSU grant, compensation award not a purchase
Transaction code
A
Grant, award, or other acquisition of non-derivative Common Stock
Transaction date
2026-05-12
Date of RSU grant to director Willis Angel
Key Terms
restricted stock units, SPX 2019 Stock Compensation Plan, transaction code A, Common Stock
4 terms
restricted stock units financial
"Grant of restricted stock units under the SPX 2019 Stock Compensation Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
SPX 2019 Stock Compensation Plan financial
"Grant of restricted stock units under the SPX 2019 Stock Compensation Plan."
transaction code A regulatory
"transaction_code_description: Grant, award, or other acquisition"
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What did SPX Technologies (SPXC) director Willis Angel receive in this Form 4?
Director Willis Angel received an equity grant of 754 restricted stock units of SPX Technologies common stock. The award was made under the SPX 2019 Stock Compensation Plan and carries no cash purchase price per share.
Was there a purchase price for the SPX Technologies (SPXC) restricted stock units?
The reported grant of 754 restricted stock units to Willis Angel shows a $0.0000 per share price. This indicates a compensation-related equity award rather than an open-market purchase of SPX Technologies stock.
Is the SPX Technologies (SPXC) Form 4 an open-market buy or sell?
The Form 4 reports a grant or award acquisition, not an open-market trade. The transaction code is A, indicating restricted stock units granted as compensation, with no shares bought or sold in the market.
Under which plan were the SPX Technologies (SPXC) restricted stock units granted?
The restricted stock units reported in the Form 4 were granted under the SPX 2019 Stock Compensation Plan. Footnotes clarify the grant is in RSUs and that the total holdings figure includes unvested units.