John William Swann III - Feb 24, 2025 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Role
PRES., DETECTION & MEASUREMENT
Signature
/s/ Cheree H. Johnson, Attorney in Fact for John William Swann, III
Stock symbol
SPXC
Transactions as of
Feb 24, 2025
Transactions value $
-$597,257
Form type
4
Date filed
2/26/2025, 04:20 PM
Previous filing
Nov 27, 2024
Next filing
Mar 4, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Award +3.41K +4.19% 84.9K Feb 24, 2025 Direct F1, F2
transaction SPXC Common Stock Tax liability -$597K -4.26K -5.01% $140.30 80.7K Feb 24, 2025 Direct F2, F3
holding SPXC Common Stock 4.18K Feb 24, 2025 401 (k) Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding SPXC Employee stock option to purchase common stock 10.6K Feb 24, 2025 Common Stock 10.6K $50.09 Direct F4
holding SPXC Employee stock option to purchase common stock 8.1K Feb 24, 2025 Common Stock 8.1K $58.34 Direct F5
holding SPXC Employee stock option to purchase common stock 8.64K Feb 24, 2025 Common Stock 8.64K $48.97 Direct F6
holding SPXC Employee stock option to purchase common stock 5.95K Feb 24, 2025 Common Stock 5.95K $71.93 Direct F7
holding SPXC Employee stock option to purchase common stock 4.22K Feb 24, 2025 Common Stock 4.22K $116.40 Direct F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Grant of shares under the SPX 2019 Stock Compensation Plan for achievement of performance for the 2022-2025 performance period.
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.
F4 Vests in three equal installments beginning on February 20, 2021.
F5 Vests in three equal installments beginning on March 1, 2022.
F6 Vests in three equal installments beginning on March 1, 2023.
F7 Vests in three equal installments beginning on March 1, 2024.
F8 Vests in three equal installments beginning on February 28, 2025.