SPX Technologies CAO logs stock grant, tax shares
SPX Technologies, Inc. chief accounting officer Wayne M. McLaren reported routine equity compensation activity involving company common stock.
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Rhea-AI Filing Summary
SPX Technologies, Inc. chief accounting officer Wayne M. McLaren reported routine equity compensation activity involving company common stock. He acquired 662 shares through a grant of restricted stock units under the SPX 2019 Stock Compensation Plan, at no cash cost. Separately, 80 shares were delivered back to SPX at a price of $225.02 per share to cover withholding taxes due on the vesting of previously granted restricted stock units, a tax-withholding disposition rather than an open-market sale. After these transactions, he held 7,770 shares directly, and 697 shares indirectly through a 401(k) plan, which includes unvested restricted stock units.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 80 | $225.02 | $18K |
| Grant/Award | Common Stock | 662 | $0.00 | $0.00 |
| Holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Grant of restricted stock units under the SPX 2019 Stock Compensation Plan.
- F2. Includes unvested restricted stock units.
- 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 SPXC’s chief accounting officer report on this Form 4?
How does the SPX 2019 Stock Compensation Plan relate to this SPXC Form 4 filing?
Does this SPXC Form 4 indicate a change in the insider’s investment intent?
AI-generated analysis. How Rhea-AI works. Not financial advice.