SPX Technologies (SPXC) director receives 754-share restricted stock unit grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
OLEARY PATRICK J reported acquisition or exercise transactions in this Form 4 filing.
SPX Technologies, Inc. director Patrick J. O'Leary received an award of 754 shares of common stock in the form of restricted stock units under the SPX 2019 Stock Compensation Plan. These compensation-related shares were granted at no cash cost per share and increase his direct holdings to 41,347 shares, which include unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
OLEARY PATRICK J
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 754 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 41,347 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
Grant price: $0.0000 per share
Post-transaction holdings: 41,347 shares
3 metrics
RSU grant size
754 shares
Restricted stock units granted on May 12, 2026
Grant price
$0.0000 per share
Equity compensation, no cash consideration
Post-transaction holdings
41,347 shares
Common stock held directly after grant, includes unvested RSUs
Key Terms
restricted stock units, SPX 2019 Stock Compensation Plan, unvested restricted stock units, Form 4
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."
unvested restricted stock units financial
"Includes unvested restricted stock units."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did SPX Technologies (SPXC) report for Patrick J. O'Leary?
SPX Technologies reported that director Patrick J. O'Leary received 754 shares of common stock as a restricted stock unit grant. The award was made under the SPX 2019 Stock Compensation Plan as part of his equity compensation.
What plan governed the restricted stock unit grant reported by SPX Technologies (SPXC)?
The restricted stock unit grant to Patrick J. O'Leary was made under the SPX 2019 Stock Compensation Plan. This plan provides equity-based awards, such as restricted stock units, to directors and other eligible participants.
Does the SPX Technologies (SPXC) Form 4 indicate these are restricted stock units?
Yes. A footnote states the transaction is a grant of restricted stock units under the SPX 2019 Stock Compensation Plan. Another footnote clarifies that O'Leary’s total holdings include unvested restricted stock units.