SPXC officer Swann reports option exercises and stock sales

Rhea-AI Filing Summary

SPX Technologies (SPXC) officer John William Swann III reported multiple stock and option transactions dated 11/19/2025. He exercised employee stock options for 10,552 shares at an exercise price of $50.09 and 8,641 shares at $48.97, adding to his common stock holdings. On the same date he sold 17,920, 17,891, and 2,944 shares of common stock in open-market transactions at weighted average prices of $205.47, $206.51, and $207.10, respectively. He also made a gift of 3,608 shares at a price of $0.

After these transactions, Swann directly beneficially owned 60,658 shares of SPX Technologies common stock, including unvested restricted stock units, and indirectly held 3,526 shares through a 401(k) plan. Several remaining option grants continue to be held, with various exercise prices and vesting schedules through 2028.

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
Estimated average burden
hours per response:			0.5

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^*

Swann John William 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	PRES., DETECTION & MEASUREMENT

3. Date of Earliest Transaction (Month/Day/Year)
11/19/2025

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	11/19/2025		M		10,552	A	$50.09	94,380(1)	D
Common Stock	11/19/2025		M		8,641	A	$48.97	103,021(1)	D
Common Stock	11/19/2025		S		17,920	D	$205.47(2)	85,101(1)	D
Common Stock	11/19/2025		S		17,891	D	$206.51(3)	67,210(1)	D
Common Stock	11/19/2025		S		2,944	D	$207.1(4)	64,266(1)	D
Common Stock	11/19/2025		G		3,608	D	$0	60,658(1)	D
Common Stock								3,526	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	$50.09	11/19/2025		M			10,552	02/20/2023(5)	02/20/2030	Common Stock	10,552	$0	0	D
Employee stock option to purchase common stock	$58.34							03/01/2024(6)	03/01/2031	Common Stock	8,101		8,101	D
Employee stock option to purchase common stock	$48.97	11/19/2025		M			8,641	03/01/2025(7)	03/01/2032	Common Stock	8,641	$0	0	D
Employee stock option to purchase common stock	$71.93							03/15/2026(8)	03/01/2033	Common Stock	5,948		5,948	D
Employee stock option to purchase common stock	$116.4							02/28/2027(9)	02/28/2034	Common Stock	4,215		4,215	D
Employee stock option to purchase common stock	$138.6							03/03/2028(10)	03/03/2035	Common Stock	3,210		3,210	D

Explanation of Responses:

1. Includes unvested restricted stock units.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $204.90 to $205.90, 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.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $205.91 to $206.91, 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 $206.92 to $207.22, 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. Vests in three equal installments beginning on February 20, 2021.

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

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

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

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

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

	/s/ Caroline Prescott, Attorney In Fact for John William Swann, III	11/21/2025
	** 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 insider transactions did SPX Technologies (SPXC) report on this Form 4?

The filing reports option exercises for 10,552 and 8,641 shares of SPX Technologies common stock and several same-day sales and a gift of shares on 11/19/2025 by officer John William Swann III.

At what prices did the SPXC insider sell shares on 11/19/2025?

Shares were sold in multiple transactions at weighted average prices of $205.47, $206.51, and $207.10, with detailed price ranges provided in the footnotes.

How many SPX Technologies (SPXC) shares does the reporting person own after the transactions?

Following the reported transactions, the reporting person directly beneficially owned 60,658 shares of SPX Technologies common stock and indirectly held 3,526 shares through a 401(k) plan.

What stock options did the SPXC insider exercise in this Form 4?

The insider exercised employee stock options to purchase 10,552 shares at an exercise price of $50.09 and 8,641 shares at an exercise price of $48.97, both converting derivative securities into common stock.

What is the nature of the 3,608 SPXC shares transferred by the insider?

The 3,608 shares were reported with transaction code G, indicating a gift, at a price of $0, reducing the reporting person’s directly held shares.

Do the SPX Technologies (SPXC) stock options held by the insider have vesting schedules?

Yes. Footnotes state that various option grants vest in three equal installments beginning on specific dates, including February 20, 2021, March 1, 2022, March 1, 2023, March 1, 2024, February 28, 2025, and March 3, 2026.