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SPX Technologies (NYSE: SPXC) VP granted stock, options and surrenders shares for taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

SPX Technologies VP and CHRO Jennifer Carpenter reported new equity awards and a small tax-related share disposal. She received a grant of 1,602 shares of common stock and stock options covering 1,208 shares, both awarded at a stated price of $0.00 per share as compensation. To cover withholding taxes on previously granted restricted stock units, 79 shares of common stock were delivered back to the company at $225.02 per share. After these transactions, she holds 5,353 shares of common stock directly and 119 shares indirectly through a 401(k) plan. Related footnotes state these grants and prior units vest in three equal installments beginning on specified future dates.

Positive

  • None.

Negative

  • None.

Insights

Compensation grants dominate activity; tax-share surrender is routine.

Most of Jennifer Carpenter’s recent activity at SPX Technologies reflects equity compensation, not open-market trading. She was granted 1,602 shares of common stock and options for 1,208 shares, all under the SPX 2019 Stock Compensation Plan, with vesting in three equal installments starting on specified dates.

The only disposal is a Form F tax-withholding transaction, where 79 shares were delivered back to the issuer at $225.02 per share to satisfy taxes on vesting restricted stock units. This type of non-market transaction does not indicate discretionary selling.

Outstanding option positions are updated to 2,990 and 1,576 shares in separate grants, and indirect ownership includes 119 shares in a 401(k) plan. Subsequent company filings may provide additional detail on how these awards contribute to long-term executive incentives.

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*
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)
03/02/2026
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 03/02/2026 A(1) 1,602 A (1) 5,432(2) D
Common Stock 03/03/2026 F(3) 79 D $225.02 5,353(2) D
Common Stock 119 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 $225.02 03/02/2026 A(4) 1,208 03/02/2029(5) 03/02/2036 Common Stock 1,208 (4) 1,208 D
Employee stock option to purchase common stock $158.53 10/01/2027(6) 10/01/2034 Common Stock 2,990 2,990 D
Employee stock option to purchase common stock $138.6 03/03/2028(7) 03/03/2035 Common Stock 1,576 1,576 D
Explanation of Responses:
1. Grant of restricted stock units under the SPX 2019 Stock Compensation Plan.
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.
4. Grant of stock options pursuant to the SPX 2019 Stock Compensation Plan.
5. Vests in three equal installments beginning on March 3, 2027.
6. Vests in three equal installments beginning on October 1, 2025.
7. Vests in three equal installments beginning on March 3, 2026.
/s/ Daniel Whitman, Attorney in Fact for Jennifer Carpenter 03/04/2026
** 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.
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 SPXC VP Jennifer Carpenter report?

Jennifer Carpenter reported equity award grants and a small tax-related share surrender. She received 1,602 common shares and options for 1,208 shares, and delivered 79 shares back to SPX Technologies to cover withholding taxes on vesting restricted stock units.

Did SPXC executive Jennifer Carpenter buy or sell shares on the open market?

The transactions do not show open-market buying or selling. Carpenter’s only disposal was 79 shares delivered back to SPX Technologies at $225.02 per share to pay withholding taxes on vesting restricted stock units, a routine non-market tax-withholding disposition.

How many SPXC shares does Jennifer Carpenter hold after these transactions?

After these transactions, Jennifer Carpenter directly holds 5,353 shares of SPX Technologies common stock. She also indirectly holds 119 shares through a 401(k) plan. These figures reflect updated ownership following the equity grants and the 79-share tax-withholding delivery to the issuer.

What stock option awards did SPXC grant to Jennifer Carpenter?

Carpenter received employee stock options covering 1,208 shares of SPX Technologies common stock under the SPX 2019 Stock Compensation Plan. Footnotes indicate these options, and other awards, vest in three equal installments beginning on specified dates, aligning compensation with multi-year performance and retention.

How do the new SPXC equity awards to Jennifer Carpenter vest?

Footnotes state that certain awards vest in three equal installments beginning on March 3, 2027, October 1, 2025, and March 3, 2026. These staggered vesting schedules apply to restricted stock units and stock options granted under the SPX 2019 Stock Compensation Plan to encourage longer-term alignment.
SPX TECHNOLOGIES INC

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10.57B
48.02M
Building Products & Equipment
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United States
CHARLOTTE