SPX Technologies (NYSE: SPXC) CAO reports stock grant and tax-share disposal

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.

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

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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)
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)		662	A	(1)	7,850(2)	D
Common Stock	03/03/2026		F(3)		80	D	$225.02	7,770(2)	D
Common Stock								697	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 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.

	/s/ Daniel Whitman, Attorney in Fact for Wayne M. McLaren	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.
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FAQ

What insider transactions did SPXC’s chief accounting officer report on this Form 4?

The chief accounting officer reported a grant of 662 restricted stock units and a separate disposition of 80 shares used to pay withholding taxes on vested units, both involving SPX Technologies common stock under the SPX 2019 Stock Compensation Plan.

How many SPXC shares did the insider receive as an equity award?

The insider received 662 shares through a grant of restricted stock units at no cash cost. The award was made under the SPX 2019 Stock Compensation Plan and represents part of his equity-based compensation from SPX Technologies, Inc.

Was the 80-share SPXC disposition an open-market sale by the insider?

No, the 80-share disposition was for tax withholding, not an open-market sale. Shares were delivered to SPX Technologies to pay withholding taxes owed when previously granted restricted stock units vested under the 2019 Stock Compensation Plan.

What is Wayne M. McLaren’s SPXC share ownership after these transactions?

After the reported transactions, Wayne M. McLaren held 7,770 SPX Technologies common shares directly. He also had 697 shares held indirectly through a 401(k) plan, and these indirect holdings include unvested restricted stock units under the company’s equity plan.

How does the SPX 2019 Stock Compensation Plan relate to this SPXC Form 4 filing?

The SPX 2019 Stock Compensation Plan is the source of both the 662-share restricted stock unit grant and the previously granted units that vested. Those vestings triggered the 80-share tax-withholding delivery back to SPX Technologies reported in this Form 4.

Does this SPXC Form 4 indicate a change in the insider’s investment intent?

The Form 4 reflects routine compensation and tax-withholding activity, not a discretionary market trade. One transaction is a stock grant, and the other is shares delivered for tax obligations when restricted stock units vested at SPX Technologies, Inc.