J. Randall Data - 05 May 2023 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
09 May 2023, 16:15:10 UTC
Prior SEC filing
23 Mar 2023
Next SEC filing
19 May 2023
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John Nurkin, Attorney in Fact for J. Randall Data

Key filing fact

J. Randall Data filed Form 4 for SPX Technologies, Inc. (SPXC) on 09 May 2023.

Key facts

  • This page summarizes J. Randall Data's Form 4 filing for SPX Technologies, Inc. (SPXC).
  • 5 reported transactions and 5 derivative rows are listed below.
  • Accepted by SEC: 09 May 2023, 16:15.

Change

  • Previous filing in this sequence was filed on 23 Mar 2023.
  • Current net transaction value: -$1,302,989.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

SPXC transaction

Common Stock

Options Exercise

Transaction value
$589,198
Shares
+16,138
Change %
+20%
Price
$36.51
Shares after
95,762
Date
05 May 2023
Ownership
Direct
Footnotes
F1
SPXC transaction

Common Stock

Sale

Transaction value
$768,884
Shares
-10,461
Change %
-11%
Price
$73.50
Shares after
85,301
Date
05 May 2023
Ownership
Direct
Footnotes
F1, F2, F3
SPXC transaction

Common Stock

Sale

Transaction value
$466,507
Shares
-6,277
Change %
-7.4%
Price
$74.32
Shares after
79,024
Date
05 May 2023
Ownership
Direct
Footnotes
F1, F2, F4
SPXC transaction

Common Stock

Sale

Transaction value
$67,599
Shares
-900
Change %
-1.1%
Price
$75.11
Shares after
78,124
Date
05 May 2023
Ownership
Direct
Footnotes
F1, F2, F5
SPXC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,620
Date
05 May 2023
Ownership
401 (k) Plan

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

SPXC transaction Derivative

Employee stock option to purchase common stock

Options Exercise

Transaction value
$589,198
Shares
-16,138
Change %
-100%
Price
$36.51
Shares after
0
Date
05 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
16,138
Exercise price
$36.51
Footnotes
F6
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,305
Date
05 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,305
Exercise price
$71.93
Footnotes
F7
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
11,959
Date
05 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,959
Exercise price
$50.09
Footnotes
F8
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,911
Date
05 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,911
Exercise price
$58.34
Footnotes
F9
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
9,814
Date
05 May 2023
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,814
Exercise price
$48.97
Footnotes
F10
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Rule 10b5-1 trading plan

These transactions were reported as open-market trades under a Rule 10b5-1 plan. The plan lets an insider set trading instructions in advance, which can reduce the risk of trading while in possession of material nonpublic information.

Original filing language: transaction made pursuant to a contract, instruction, or written plan intended to satisfy Rule 10b5-1(c).

Explanation of responses 10 footnotes

Footnote F1

Includes unvested restricted stock units.

Footnote F2

The sales reported in this form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 15, 2022.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $73.00 to $74.00, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Footnote F4

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $74.01 to $75.01, inclusive. The reporting person undertakes to provide to SP X Technologies, Inc., any security holder of SPX Technologies, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Footnote F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $75.06 to $75.20, inclusive. The reporting person undertakes to provide to SPX Technologies, Inc., any security holder of SPX Technologies, Inc., or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

Footnote F6

Vests in three equal installments beginning on February 21, 2020.

Footnote F7

Vests in three equal installments beginning on March 1, 2024.

Footnote F8

Vests in three equal installments beginning on February 20, 2021.

Footnote F9

Vests in three equal installments beginning on March 1, 2022.

Footnote F10

Vests in three equal installments beginning on March 1, 2023.

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