SPX Technologies CAO reports equity grant, tax share delivery

SPX Technologies, Inc. chief accounting officer Wayne M. McLaren reported equity compensation activity involving the company’s common stock.

Rhea-AI Filing Summary

SPX Technologies, Inc. chief accounting officer Wayne M. McLaren reported equity compensation activity involving the company’s common stock. On February 24, 2026, he acquired 361 shares at $0.0000 per share as a grant under the SPX 2019 Stock Compensation Plan for achievement of performance for the 2023–2025 period. On the same date, 534 shares were delivered to the issuer at $237.18 per share to cover withholding taxes due upon the vesting of previously granted restricted stock units, a tax-withholding disposition rather than an open-market sale. After these transactions, he held 7,425 shares of common stock directly, which include unvested restricted stock units, and 696 shares indirectly through a 401(k) plan.

Insider Trade Summary

3 transactions reported

Mixed 3 txns

Insider McLaren Wayne M.

Role CHIEF ACCOUNTING OFFICER

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	361	$0.00	$0.00
Exercise Price or Tax Liability	Common Stock	534	$237.18	$127K
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 7,425 shares (Direct); Common Stock — 696 shares (Indirect, 401 (k) Plan)

Footnotes (3)

1. F1. Grant of shares under the SPX 2019 Stock Compensation Plan for achievement of performance for the 2023-2025 performance period.
2. F2. Includes unvested restricted stock units.
3. F3. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did SPX Technologies (SPXC) report for Wayne M. McLaren?

Wayne M. McLaren reported a grant of 361 SPX Technologies common shares and a tax-withholding disposition of 534 shares on February 24, 2026. Both transactions involved equity awards under the SPX 2019 Stock Compensation Plan, not open-market buying or selling.

Was the SPX Technologies (SPXC) insider transaction a purchase or sale of shares?

The filing shows an equity grant and a tax-withholding share delivery, not an open-market purchase or sale. McLaren received 361 shares as a performance-based grant and delivered 534 shares back to SPX to cover taxes on vesting restricted stock units.

How many SPX Technologies (SPXC) shares does Wayne M. McLaren hold after the reported Form 4?

After the reported activity, McLaren directly holds 7,425 SPX Technologies common shares, which include unvested restricted stock units. He also has indirect ownership of 696 additional shares through a 401(k) plan, reflecting his combined equity-based stake post-transaction.

What is the nature of the SPX Technologies (SPXC) share grant to Wayne M. McLaren?

The grant of 361 SPX Technologies shares relates to performance under the SPX 2019 Stock Compensation Plan for the 2023–2025 performance period. It represents stock-based compensation awarded for achieving specified performance goals, rather than a cash-funded share purchase.

Why were 534 SPX Technologies (SPXC) shares delivered back to the issuer by McLaren?

The 534 shares were delivered to SPX Technologies to pay withholding taxes due upon vesting of previously granted restricted stock units. This tax-withholding disposition avoids a separate cash payment and is common in equity compensation programs when awards vest.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 02/26/2026 - 04:20 PM Learn about SEC filing dates

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^*

McLaren Wayne M.

(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)
	CHIEF ACCOUNTING OFFICER

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

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	02/24/2026		A(1)		361	A	(1)	7,959(2)	D
Common Stock	02/24/2026		F(3)		534	D	$237.18	7,425(2)	D
Common Stock								696	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

Explanation of Responses:

1. Grant of shares under the SPX 2019 Stock Compensation Plan for achievement of performance for the 2023-2025 performance period.

2. Includes unvested restricted stock units.

3. 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.

	/s/ Daniel Whitman, Attorney in Fact for Wayne M. McLaren	02/26/2026
	** 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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