[Form 4] SPX Technologies, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Sean McClenaghan, President, Global Cooling at SPX Technologies, Inc. (SPXC), reported a Form 4 showing a tax-withholding disposition and continued option holdings. He delivered 1,328 shares to the issuer to satisfy withholding taxes on vested restricted stock units at a price of $186.78 per share. Following the reported transaction, the filing shows 24,422 shares beneficially owned (direct), an additional 8,883 shares disposed and 510 shares held indirectly in a 401(k) plan as reported on the form.

The report also discloses outstanding employee stock options: 20,585 options at a $55.22 exercise price (exercisable 10/01/2025–10/01/2032), 5,948 at $71.93 (03/01/2026–03/01/2033), 5,269 at $116.40 (02/28/2027–02/28/2034), and 4,229 at $138.60 (03/03/2028–03/03/2035). The filing was signed by an attorney-in-fact on 10/03/2025.

Positive

• Continued equity ownership: Reporting person retains 24,422 direct shares and multiple option tranches.
• Long-dated options: Options have expirations through 2035, aligning insider incentives with long-term performance.

Negative

• Share disposition: 1,328 shares were delivered to the issuer to satisfy withholding taxes, reducing direct share count.
• Partial disposals reported: Filing shows an additional 8,883 shares disposed (as reported on a separate line).

Insights

Insider Transactions Analyst

Tax-withholding share surrender and significant option holdings disclosed.

The Form 4 records a shareholder-tax payment where 1,328 shares were delivered at $186.78 to cover withholding on vested restricted stock units; this is a non-cash disposition common in equity compensation administration.

The filing lists exercisable and outstanding employee stock options totaling 35, ... actually itemized as 20,585, 5,948, 5,269, and 4,229 options with respective exercise prices and multi-year expirations, showing continued equity exposure tied to multi-year vesting schedules.

Vesting schedules are explicit: the largest option tranche vests in three installments beginning 10/01/2023, and other tranches begin vesting on 03/01/2024, 02/28/2025, and 03/03/2026, providing clear monitorable milestones.

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

OMB APPROVAL

OMB Number:			3235-0287
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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).

1. Name and Address of Reporting Person^*

McClenaghan Sean

(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)
	PRESIDENT, GLOBAL COOLING

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

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	10/01/2025		F(1)		1,328	D	$186.78	24,422(2)	D
Common Stock								8,883	D
Common Stock								510	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	$55.22							10/01/2025(3)	10/01/2032	Common Stock	20,585		20,585	D
Employee stock option to purchase common stock	$71.93							03/01/2026(4)	03/01/2033	Common Stock	5,948		5,948	D
Employee stock option to purchase common stock	$116.4							02/28/2027(5)	02/28/2034	Common Stock	5,269		5,269	D
Employee stock option to purchase common stock	$138.6							03/03/2028(6)	03/03/2035	Common Stock	4,229		4,229	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. Vests in three equal installments beginning on October 1, 2023.

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

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

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

	/s/ Caroline Prescott, Attorney In Fact for Sean McClenaghan	10/03/2025
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Sean McClenaghan report on the SPXC Form 4?

He reported delivering 1,328 shares to the issuer to satisfy withholding taxes at a price of $186.78 and disclosed existing option holdings and share counts.

How many shares does the filing show as beneficially owned directly by McClenaghan?

The form shows 24,422 shares beneficially owned directly following the reported transaction.

What stock options are disclosed on the Form 4 for SPXC?

Options disclosed: 20,585 at $55.22, 5,948 at $71.93, 5,269 at $116.40, and 4,229 at $138.60 with expirations through 2035.

Was the Form 4 signed and when?

Yes; the Form 4 was signed by Caroline Prescott, Attorney In Fact for Sean McClenaghan on 10/03/2025.

Does the filing show any 401(k) holdings?

Yes; the filing reports 510 shares held indirectly in a 401(k) plan.