Eugene Joseph Lowe III - 29 Feb 2024 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
04 Mar 2024, 18:09:24 UTC
Prior SEC filing
01 Mar 2024
Next SEC filing
23 Apr 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ John Nurkin, Attorney in Fact for Eugene Joseph Lowe III

Key filing fact

Eugene Joseph Lowe III filed Form 4 for SPX Technologies, Inc. (SPXC) on 04 Mar 2024.

Key facts

  • This page summarizes Eugene Joseph Lowe III's Form 4 filing for SPX Technologies, Inc. (SPXC).
  • 20 reported transactions and 14 derivative rows are listed below.
  • Accepted by SEC: 04 Mar 2024, 18:09.

Change

  • Previous filing in this sequence was filed on 01 Mar 2024.
  • Current net transaction value: -$18,003,279.

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
$1,236,000
Shares
+100,000
Change %
+21%
Price
$12.36
Shares after
587,660
Date
29 Feb 2024
Ownership
Direct
Footnotes
F1
SPXC transaction

Common Stock

Options Exercise

Transaction value
$592,480
Shares
+28,000
Change %
+4.8%
Price
$21.16
Shares after
615,660
Date
29 Feb 2024
Ownership
Direct
Footnotes
F1
SPXC transaction

Common Stock

Sale

Transaction value
$3,046,408
Shares
-26,417
Change %
-4.3%
Price
$115.32
Shares after
589,243
Date
29 Feb 2024
Ownership
Direct
Footnotes
F1, F2, F3
SPXC transaction

Common Stock

Sale

Transaction value
$9,479,370
Shares
-81,557
Change %
-14%
Price
$116.23
Shares after
507,686
Date
29 Feb 2024
Ownership
Direct
Footnotes
F1, F2, F4
SPXC transaction

Common Stock

Sale

Transaction value
$2,341,039
Shares
-20,026
Change %
-3.9%
Price
$116.90
Shares after
487,660
Date
29 Feb 2024
Ownership
Direct
Footnotes
F1, F2, F5
SPXC transaction

Common Stock

Options Exercise

Transaction value
$1,477,613
Shares
+119,548
Change %
+25%
Price
$12.36
Shares after
607,208
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1
SPXC transaction

Common Stock

Options Exercise

Transaction value
$376,140
Shares
+17,776
Change %
+2.9%
Price
$21.16
Shares after
624,984
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1
SPXC transaction

Common Stock

Sale

Transaction value
$2,361,575
Shares
-20,498
Change %
-3.3%
Price
$115.21
Shares after
604,486
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1, F2, F6
SPXC transaction

Common Stock

Sale

Transaction value
$731,992
Shares
-6,294
Change %
-1%
Price
$116.30
Shares after
598,192
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1, F2, F7
SPXC transaction

Common Stock

Sale

Transaction value
$29,955
Shares
-256
Change %
-0.04%
Price
$117.01
Shares after
597,936
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1, F2, F8
SPXC transaction

Common Stock

Tax liability

Transaction value
$1,056,585
Shares
-9,016
Change %
-1.5%
Price
$117.19
Shares after
588,920
Date
01 Mar 2024
Ownership
Direct
Footnotes
F1, F9
SPXC transaction

Common Stock

Options Exercise

Transaction value
$1,398,225
Shares
+113,125
Change %
+19%
Price
$12.36
Shares after
702,045
Date
04 Mar 2024
Ownership
Direct
Footnotes
F1
SPXC transaction

Common Stock

Sale

Transaction value
$624,063
Shares
-5,447
Change %
-0.78%
Price
$114.57
Shares after
696,598
Date
04 Mar 2024
Ownership
Direct
Footnotes
F1, F2, F10
SPXC transaction

Common Stock

Sale

Transaction value
$2,910,179
Shares
-25,216
Change %
-3.6%
Price
$115.41
Shares after
671,382
Date
04 Mar 2024
Ownership
Direct
Footnotes
F1, F2, F11
SPXC transaction

Common Stock

Sale

Transaction value
$502,572
Shares
-4,337
Change %
-0.65%
Price
$115.88
Shares after
667,045
Date
04 Mar 2024
Ownership
Direct
Footnotes
F1, F2, F12

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
$0
Shares
-100,000
Change %
-30%
Price
$0.000000
Shares after
232,673
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
100,000
Exercise price
$12.36
Footnotes
F13
SPXC transaction Derivative

Employee stock option to purchase common stock

Options Exercise

Transaction value
$0
Shares
-28,000
Change %
-61%
Price
$0.000000
Shares after
17,776
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
28,000
Exercise price
$21.16
Footnotes
F14
SPXC transaction Derivative

Employee stock option to purchase common stock

Options Exercise

Transaction value
$0
Shares
-119,548
Change %
-51%
Price
$0.000000
Shares after
113,125
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
119,548
Exercise price
$12.36
Footnotes
F13
SPXC transaction Derivative

Employee stock option to purchase common stock

Options Exercise

Transaction value
$0
Shares
-17,776
Change %
-100%
Price
$0.000000*
Shares after
0
Date
01 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
17,776
Exercise price
$21.16
Footnotes
F14
SPXC transaction Derivative

Employee stock option to purchase common stock

Options Exercise

Transaction value
$0
Shares
-113,125
Change %
-100%
Price
$0.000000*
Shares after
0
Date
04 Mar 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
113,125
Exercise price
$12.36
Footnotes
F13
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
186,919
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
186,919
Exercise price
$12.85
Footnotes
F15
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
82,405
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
82,405
Exercise price
$27.40
Footnotes
F16
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
72,298
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
72,298
Exercise price
$32.69
Footnotes
F17
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
77,463
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
77,463
Exercise price
$36.51
Footnotes
F18
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
53,465
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
53,465
Exercise price
$50.09
Footnotes
F19
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
46,291
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
46,291
Exercise price
$58.34
Footnotes
F20
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
49,378
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
49,378
Exercise price
$48.97
Footnotes
F21
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
33,707
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
33,707
Exercise price
$71.93
Footnotes
F22
SPXC holding Derivative

Employee stock option to purchase common stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after
24,238
Date
29 Feb 2024
Ownership
Direct
Underlying class
Common Stock
Underlying amount
24,238
Exercise price
$116.40
Footnotes
F23
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 23 footnotes

Footnote F1

Includes unvested restricted stock units.

Footnote F2

Reflects shares sold solely to cover exercise price and income tax obligations in connection with exercise of options.

Footnote F3

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.70 to $115.65, 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 $115.71 to $116.71, 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 F5

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.76 to $117.47, 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

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.84 to $115.83, 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 F7

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.87 to $116.86, 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 F8

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.92 to $117.07, 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 F9

Shares delivered to the issuer for the payment of withholding taxes due upon the vesting of restricted stock units previously granted under the SPX Corporation 2019 Stock Compensation Plan.

Footnote F10

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $113.80 to $114.79, 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 F11

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $114.81 to $115.81, 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 F12

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $115.82 to $116.09, 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 F13

Vests in three equal installments beginning on January 2, 2016.

Footnote F14

Vests in three equal installments beginning on March 2, 2017.

Footnote F15

(Vests in three equal installments beginning on March 2, 2017.

Footnote F16

Vests in three equal installments beginning on March 1, 2018.

Footnote F17

Vests in three equal installments beginning on February 22, 2019.

Footnote F18

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

Footnote F19

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

Footnote F20

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

Footnote F21

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

Footnote F22

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

Footnote F23

Vests in three equal installments beginning on February 28, 2025.

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 .