J. Randall Data - 16 Feb 2024 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Reporting relationship
PRES., HEATING AND GLOBAL OPER
Issuer ticker
SPXC
Reported as of
16 Feb 2024
Net transaction value
-$456,907
Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
21 Feb 2024, 16:25:09 UTC
Prior SEC filing
19 May 2023
Next SEC filing
01 Mar 2024
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 21 Feb 2024.

Key facts

  • This page summarizes J. Randall Data's Form 4 filing for SPX Technologies, Inc. (SPXC).
  • 2 reported transactions and 4 derivative rows are listed below.
  • Accepted by SEC: 21 Feb 2024, 16:25.

Change

  • Previous filing in this sequence was filed on 19 May 2023.
  • Current net transaction value: -$456,907.

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

Award

Transaction value
Shares
+2,488
Change %
+4.2%
Price
Shares after
61,327
Date
16 Feb 2024
Ownership
Direct
Footnotes
F1, F2, F3
SPXC transaction

Common Stock

Tax liability

Transaction value
$456,907
Shares
-4,170
Change %
-6.8%
Price
$109.57
Shares after
57,157
Date
16 Feb 2024
Ownership
Direct
Footnotes
F2, F4
SPXC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
3,612
Date
16 Feb 2024
Ownership
401 (k) Plan

Reported derivative securities

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

SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
11,959
Date
16 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
11,959
Exercise price
$50.09
Footnotes
F5
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
8,911
Date
16 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
8,911
Exercise price
$58.34
Footnotes
F6
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
9,814
Date
16 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
9,814
Exercise price
$48.97
Footnotes
F7
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
6,305
Date
16 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
6,305
Exercise price
$71.93
Footnotes
F8
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 8 footnotes

Footnote F1

Grant of shares under the SPX 2019 Stock Compensation Plan for achievement of performance for the 2021-2023 performance period.

Footnote F2

Includes unvested restricted stock units.

Footnote F3

The total number of shares reported has been reduced by 8,285 shares to correct (i) an inadvertent over-reporting by 8,328 of the number of shares issued to the reporting person in respect of a performance award on a Form 4 filed by the reporting person on February 22, 2023 and (ii) an inadvertent over-reporting by 43 of the number of shares delivered to the issuer for the payment of withholding taxes on a Form 4 filed by the reporting person on March 3, 2023.

Footnote F4

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.

Footnote F5

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

Footnote F6

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

Footnote F7

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

Footnote F8

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

We use cookies and similar technologies to provide certain features, enhance the user experience and, if you allow them, measure engagement and deliver advertising. Analytics and marketing storage stay off until you grant consent. By clicking on "Agree and continue", you declare your consent to the use of the selected optional cookies. Manage preferences to update or revoke optional consent for future visits. For more information, see our Privacy Policy .