Welcome to our dedicated page for SPX TECHNOLOGIES SEC filings (Ticker: SPXC), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
SPX Technologies, Inc. filings document the company’s operating results, governance matters, capital structure, and material corporate events as a NYSE-listed industrial technology issuer. Form 8-K reports furnish quarterly and annual financial results, guidance updates, officer changes, credit agreement amendments, and equity offering documentation tied to its common stock.
Proxy materials describe board matters, executive compensation, pay-versus-performance disclosures, shareholder voting items, and related governance practices. The filing record also reflects SPX’s reportable focus on HVAC and detection and measurement technologies, including disclosures about segment performance, acquisitions, financing arrangements, risk factors, and registered securities.
SPX Technologies, Inc. executive John William Swann III reported equity compensation activity involving company common stock. He received a grant of 2,580 shares of common stock at $0.00 per share as a stock award, tied to achievement of performance goals for the 2023–2025 performance period under the SPX 2019 Stock Compensation Plan.
To cover withholding taxes on previously granted restricted stock units vesting under the same plan, 3,216 common shares were delivered back to the issuer at $237.18 per share in a tax-withholding disposition. After these transactions, he directly holds 60,022 common shares and indirectly holds 4,237 common shares through a 401(k) plan, along with several employee stock options.
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.
SPX Technologies, Inc. executive Data J. Randall reported equity compensation activity in Common Stock. He received a grant of 2,735 shares at $0.0000 per share for achieving performance targets under the SPX 2019 Stock Compensation Plan for the 2023-2025 period. On the same date, 3,590 shares were delivered back to the company at $237.18 per share to cover withholding taxes upon the vesting of previously granted restricted stock units. After these transactions, he directly owned 37,165 common shares, with additional holdings reflected in employee stock options and a 401(k) plan.
SPX Technologies, Inc. executive Sean McClenaghan, President of the HVAC segment, received a grant of 2,580 shares of common stock at no cost under the SPX 2019 Stock Compensation Plan for performance in the 2023-2025 period. On the same date, 2,834 shares were disposed of at $237.18 per share to satisfy withholding taxes due upon vesting of previously granted restricted stock units, a non-open-market, tax-withholding transaction. Following these changes, he directly holds 24,168 common shares and indirectly holds 529 shares through a 401(k) plan.
SPX Technologies, Inc. President and CEO Eugene Joseph Lowe III reported equity compensation and related tax withholding transactions in company stock. On February 24, 2026, he received a grant of 14,619 shares of common stock at $0.00 per share, tied to achievement under the SPX 2019 Stock Compensation Plan for the 2023–2025 performance period.
On the same date, 22,562 common shares at $237.18 per share were delivered back to the issuer to cover withholding taxes upon vesting of previously granted restricted stock units. After these transactions, he directly held 765,129 common shares, and indirectly held 5,035 common shares through a 401(k) plan.
SPX Technologies VP, CFO & Treasurer Mark A. Carano reported mixed share movements in company stock. On February 24, 2026, he acquired 2,408 shares of common stock at $0.00 per share as a grant under the SPX 2019 Stock Compensation Plan for achieving performance targets for the 2023–2025 period.
On the same date, 3,717 shares of common stock at $237.18 per share were delivered back to the issuer to cover withholding taxes owed upon the vesting of previously granted restricted stock units, which is a tax-withholding disposition rather than an open-market sale. After these transactions, he directly owned 16,872 common shares, plus 461 shares held indirectly through a 401(k) plan.
SPX Technologies, Inc. presents its Form 10‑K detailing 2025 operations, strategy, and risks across its HVAC and Detection & Measurement businesses. The HVAC segment generated $1,518.2 million of revenue and the Detection & Measurement segment produced $746.9 million, supported by growing backlogs in both areas.
The company expanded aggressively through acquisitions, including Kranze Technology Solutions and Sigma & Omega in 2025, and Thermolec and Crawford in early 2026, plus prior deals such as Ingénia, TAMCO and ASPEQ. SPX now operates in 16 countries with about 4,700 employees and emphasizes innovation, international growth, and recurring infrastructure demand.
The filing also outlines extensive risk factors, including cyclical demand, government‑contracting exposure, supply‑chain and raw‑material volatility, climate and regulatory pressures, cyber‑security threats, acquisition and divestiture execution, and financial risks tied to variable‑rate debt, goodwill of $1,911.6 million, and pension obligations.
SPX Technologies reported strong fourth quarter and full-year 2025 growth, driven by its HVAC and Detection & Measurement businesses. Fourth quarter revenue reached $637.3 million, up 19.4% from 2024, with GAAP income from continuing operations of $78.2 million and GAAP EPS of $1.54. Adjusted EPS was $1.88 and adjusted EBITDA was $142.0 million, both above 20% year-over-year growth.
For 2025, revenue rose 14.2% to $2,265.1 million and GAAP EPS from continuing operations increased to $5.06, while adjusted EPS climbed to $6.76. Adjusted EBITDA grew to $507.4 million with margins improving to 22.4%. Cash generation remained solid, with net operating cash flow from continuing operations of $335.6 million and adjusted free cash flow of $294.3 million.
The balance sheet strengthened as total debt declined to $501.6 million and total cash increased to $366.0 million. For 2026, SPX guides revenue to $2.535–$2.605 billion, adjusted EBITDA to $590–$620 million, and adjusted EPS to $7.60–$8.00, all implying further double-digit growth at the midpoint, supported by acquisitions and continued demand in core markets.
SPX Technologies VP, CFO & Treasurer Mark A. Carano reported a share withholding transaction tied to equity compensation. On February 2, 2026, he delivered 537 shares of common stock to the company at $208.41 per share to pay withholding taxes due on previously granted restricted stock units under the SPX 2019 Stock Compensation Plan.
After this transaction, he beneficially owned 18,181 shares of common stock directly, which includes unvested restricted stock units, plus 453 shares held indirectly through a 401(k) plan. He also held employee stock options to purchase 5,552, 4,057, and 3,460 shares of common stock at exercise prices of $71.93, $116.40, and $138.60, vesting in three equal installments beginning on March 1, 2024, February 28, 2025, and March 3, 2026, respectively.