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.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee stock option to purchase common stock | 10,552 | $0.00 | -- |
| Exercise | Employee stock option to purchase common stock | 8,641 | $0.00 | -- |
| Exercise | Common Stock | 10,552 | $50.09 | $529K |
| Exercise | Common Stock | 8,641 | $48.97 | $423K |
| Sale | Common Stock | 17,920 | $205.47 | $3.68M |
| Sale | Common Stock | 17,891 | $206.51 | $3.69M |
| Sale | Common Stock | 2,944 | $207.10 | $610K |
| Gift | Common Stock | 3,608 | $0.00 | -- |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Employee stock option to purchase common stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Includes unvested restricted stock units. 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. 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. 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. Vests in three equal installments beginning on February 20, 2021. Vests in three equal installments beginning on March 1, 2022. Vests in three equal installments beginning on March 1, 2023. Vests in three equal installments beginning on March 1, 2024. Vests in three equal installments beginning on February 28, 2025. Vests in three equal installments beginning on March 3, 2026.