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Equity awards for SPX Technologies (SPXC) VP and General Counsel

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

Rhea-AI Filing Summary

Whitman Daniel Jay reported acquisition or exercise transactions in this Form 4 filing.

SPX Technologies, Inc. reported that its VP, General Counsel & Secretary, Daniel Jay Whitman, received new equity awards. He was granted employee stock options for 1,389 shares of common stock and a separate award of 1,842 shares of common stock as restricted stock units, both at a grant price of $0.00 per share under the SPX 2019 Stock Compensation Plan. Following these awards, he directly holds 3,015 shares of common stock and 2,628 stock options, and indirectly holds 11 shares through a 401(k) plan. The footnotes state that the awards, including unvested restricted stock units and options, vest in three equal installments beginning on March 3, 2027 and February 1, 2027.

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Insider Whitman Daniel Jay
Role VP, GEN. COUNSEL & SECRETARY
Type Security Shares Price Value
Grant/Award Employee stock option to purchase common stock 1,389 $0.00 --
Grant/Award Common Stock 1,842 $0.00 --
holding Employee stock option to purchase common stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Employee stock option to purchase common stock — 1,389 shares (Direct); Common Stock — 3,015 shares (Direct); Common Stock — 11 shares (Indirect, 401 (k) Plan)
Footnotes (1)
  1. Grant of restricted stock units under the SPX 2019 Stock Compensation Plan. Includes unvested restricted stock units. Grant of stock options pursuant to the SPX 2019 Stock Compensation Plan. Vests in three equal installments beginning on March 3, 2027. Vests in three equal installments beginning on February 1, 2027.
Form 4 Insider Transactions: What Each Field Means →
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*
Whitman Daniel Jay
(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, GEN. COUNSEL & SECRETARY
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) 1,842 A (1) 3,015(2) D
Common Stock 11 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(3) 1,389 03/02/2029(4) 03/02/2036 Common Stock 1,389 (3) 1,389 D
Employee stock option to purchase common stock $208.41 02/01/2029(5) 02/01/2036 Common Stock 2,628 2,628 D
Explanation of Responses:
1. Grant of restricted stock units under the SPX 2019 Stock Compensation Plan.
2. Includes unvested restricted stock units.
3. Grant of stock options pursuant to the SPX 2019 Stock Compensation Plan.
4. Vests in three equal installments beginning on March 3, 2027.
5. Vests in three equal installments beginning on February 1, 2027.
/s/ Daniel Whitman 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did SPX Technologies (SPXC) report for Daniel Jay Whitman?

SPX Technologies reported that Daniel Jay Whitman received new equity awards. He was granted 1,389 employee stock options and 1,842 shares of common stock as restricted stock units, both at a grant price of $0.00 per share under the SPX 2019 Stock Compensation Plan.

How many SPX Technologies (SPXC) stock options were granted to Daniel Jay Whitman?

Daniel Jay Whitman was granted 1,389 employee stock options to purchase SPX Technologies common stock. These options were issued as part of an equity award under the SPX 2019 Stock Compensation Plan, with vesting scheduled in three equal installments beginning in 2027, according to the filing footnotes.

How many SPX Technologies (SPXC) common shares did Daniel Jay Whitman acquire in this Form 4?

Daniel Jay Whitman acquired 1,842 shares of SPX Technologies common stock as a grant of restricted stock units. After this award, he directly holds 3,015 common shares, and the filing notes that these holdings include unvested restricted stock units granted under the 2019 Stock Compensation Plan.

What is Daniel Jay Whitman’s total SPX Technologies (SPXC) equity holding after these awards?

After the reported transactions, Daniel Jay Whitman directly holds 3,015 shares of SPX Technologies common stock and 2,628 employee stock options. He also indirectly owns 11 additional shares through a 401(k) plan, as disclosed in the Form 4 insider filing data.

What vesting schedule applies to the new SPX Technologies (SPXC) equity awards?

The filing footnotes state that the new grants, including stock options and restricted stock units, vest in three equal installments. Vesting begins on March 3, 2027 and February 1, 2027, indicating multi-year vesting designed to align Daniel Jay Whitman’s compensation with longer-term company performance.

Under which plan were the SPX Technologies (SPXC) awards to Daniel Jay Whitman granted?

The equity awards to Daniel Jay Whitman were granted under the SPX 2019 Stock Compensation Plan. This includes the 1,389 employee stock options and 1,842 restricted stock units, with footnotes clarifying that the holdings include unvested units that vest over several years starting in 2027.