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

Rhea-AI Filing Summary

Jennifer Carpenter, VP and CHRO of SPX Technologies, Inc. (SPXC), reported a Form 4 disclosing insider activity dated 10/01/2025 with the filing signed on 10/03/2025. She delivered 185 shares to the issuer to satisfy tax withholding on vested restricted stock units at a price of $186.78 per share, leaving 3,830 shares held directly following the transaction. The filing also shows participation in a 401(k) plan with 106 shares held indirectly and that unvested restricted stock units are included in the reported holdings.

The report discloses two outstanding employee stock options: one for 2,990 shares with a $158.53 exercise price exercisable beginning 10/01/2027 and expiring 10/01/2034, and a second for 1,576 shares with a $138.60 exercise price exercisable beginning 03/03/2028 and expiring 03/03/2035. Explanations note the share delivery was solely for tax withholding and that the option grants vest in three equal installments starting on the stated exercise-eligible dates.

Positive

• Continued direct ownership of 3,830 shares signals ongoing insider alignment
• Outstanding options totaling 4,566 shares provide multi‑year retention incentives with clear exercise dates
• Share delivery for tax withholding (185 shares) indicates tax-efficient settlement rather than a market sale for liquidity

Negative

• Direct holdings reduced by 185 shares following tax-withholding delivery
• Some equity is unvested, meaning not all reported shares are immediately liquid or voteable

Insights

Corporate Governance Analyst

TL;DR: Insider used share delivery to pay taxes; retained meaningful equity and multi‑year option exposure.

What it means: The filing records a tax-withholding share delivery of 185 shares and continuing direct ownership of 3,830 shares plus 106 shares in a 401(k), showing ongoing insider alignment with equity ownership requirements.

Why it matters: Continuing direct and indirect holdings maintain executive stake in company performance and satisfy disclosure expectations without indicating a material shift in control.

Compensation & Equity Analyst

TL;DR: Outstanding options total 4,566 shares with staggered exercisability through 2028–2027, indicating multi‑year retention incentives.

What it means: Two employee stock options cover 2,990 and 1,576 shares at exercise prices of $158.53 and $138.60, respectively, with vesting in three equal installments starting on the listed dates.

Why it matters: These option schedules create multi‑year potential upside for the executive tied to future stock performance and retention over 2027–2028 vesting commencement windows.

Vesting begins on 10/01/2025 and 03/03/2026 for the respective grants as disclosed.

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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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).

1. Name and Address of Reporting Person^*

Carpenter Jennifer

(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)
	VP AND CHRO

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)		185	D	$186.78	3,830(2)	D
Common Stock								106	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	$158.53							10/01/2027(3)	10/01/2034	Common Stock	2,990		2,990	D
Employee stock option to purchase common stock	$138.6							03/03/2028(4)	03/03/2035	Common Stock	1,576		1,576	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, 2025.

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

	/s/ Caroline Prescott, Attorney In Fact for Jennifer Carpenter	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.
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FAQ

What insider transaction did Jennifer Carpenter (SPXC) report on Form 4?

She delivered 185 shares to the issuer to cover withholding taxes on vested restricted stock units at $186.78 per share on 10/01/2025.

How many SPXC shares does Jennifer Carpenter own after the reported transaction?

The filing shows 3,830 shares held directly following the reported transaction and 106 shares held indirectly through a 401(k).

What employee stock options does the Form 4 disclose for Carpenter?

Two option grants: 2,990 shares at a $158.53 exercise price (exercisable from 10/01/2027, expires 10/01/2034) and 1,576 shares at a $138.60 exercise price (exercisable from 03/03/2028, expires 03/03/2035).

Why were shares delivered to the issuer according to the filing?

The filing explains the 185 shares were 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.

When was the Form 4 signed and filed?

The signature block shows the form was signed by an attorney-in-fact on behalf of Jennifer Carpenter on 10/03/2025.