SPX Technologies (SPXC) VP awarded restricted stock units, options
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SPX Technologies reported an equity compensation grant to executive Daniel Jay Whitman, its VP, General Counsel & Secretary. On February 1, 2026, he received 1,173 restricted stock units of common stock and an employee stock option for 2,628 shares at an exercise price of $208.41 per share. The option, granted under the SPX 2019 Stock Compensation Plan, expires on February 1, 2036 and vests in three equal installments beginning on February 1, 2027. Following these grants, Whitman beneficially owned 1,173 shares of common stock and 2,628 stock options, all held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Whitman Daniel Jay
Role
VP, GEN. COUNSEL & SECRETARY
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Employee stock option to purchase common stock | 2,628 | $0.00 | -- |
| Grant/Award | Common Stock | 1,173 | $0.00 | -- |
Holdings After Transaction:
Employee stock option to purchase common stock — 2,628 shares (Direct);
Common Stock — 1,173 shares (Direct)
Footnotes (1)
- Grant of restricted stock units under the SPX 2019 Stock Compensation Plan. Includes unvested restricted stock units. Grant of stock option pursuant to the SPX 2019 Stock Compensation Plan. Vests in three equal installments beginning on February 1, 2027.
FAQ
What equity awards did SPX Technologies (SPXC) grant to Daniel Jay Whitman?
SPX Technologies granted Daniel Jay Whitman 1,173 restricted stock units and an employee stock option for 2,628 shares of common stock. Both awards were made under the SPX 2019 Stock Compensation Plan on February 1, 2026, as part of his executive compensation.
What is the exercise price and term of Daniel Jay Whitman’s SPXC stock options?
Whitman’s employee stock option has an exercise price of $208.41 per share and covers 2,628 shares of SPX Technologies common stock. The option was granted on February 1, 2026 and expires on February 1, 2036, giving a ten-year exercise window from the grant date.
How and when do Daniel Jay Whitman’s SPX Technologies options vest?
Whitman’s stock option vests in three equal installments beginning on February 1, 2027. This means one-third of the 2,628-option grant vests each year starting that date, aligning vesting with continued service under the SPX 2019 Stock Compensation Plan.
What compensation plan governs Daniel Jay Whitman’s SPXC equity awards?
Both the restricted stock units and the employee stock option were granted under the SPX 2019 Stock Compensation Plan. This plan provides for equity-based awards such as RSUs and stock options to SPX Technologies executives and employees as part of their long-term incentive compensation.