Eugene Joseph Lowe III - 28 Feb 2025 Form 4 Insider Report for SPX Technologies, Inc. (SPXC)

Signature
/s/ Cheree H. Johnson, Attorney In Fact for Eugene Joseph Lowe III
Issuer symbol
SPXC
Transactions as of
28 Feb 2025
Net transactions value
-$11,960,877
Form type
4
Filing time
04 Mar 2025, 16:25:09 UTC
Previous filing
26 Feb 2025
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SPXC Common Stock Options Exercise $2,401,909 +186,919 +28% $12.85 843,241 28 Feb 2025 Direct F1
transaction SPXC Common Stock Sale $7,248,973 -49,900 -5.9% $145.27 793,341 28 Feb 2025 Direct F1, F2, F3
transaction SPXC Common Stock Sale $5,994,846 -41,100 -5.2% $145.86 752,241 28 Feb 2025 Direct F1, F2, F4
transaction SPXC Common Stock Tax liability $262,690 -1,825 -0.24% $143.94 750,416 28 Feb 2025 Direct F1, F5
transaction SPXC Common Stock Tax liability $856,276 -5,879 -0.78% $145.65 744,537 03 Mar 2025 Direct F1, F5
holding SPXC Common Stock 5,000 28 Feb 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
transaction SPXC Employee stock option to purchase common stock Options Exercise $0 -186,919 -100% $0.000000 0 28 Feb 2025 Common Stock 186,919 $12.85 Direct F6
holding SPXC Employee stock option to purchase common stock 82,405 28 Feb 2025 Common Stock 82,405 $27.40 Direct F7
holding SPXC Employee stock option to purchase common stock 72,298 28 Feb 2025 Common Stock 72,298 $32.69 Direct F8
holding SPXC Employee stock option to purchase common stock 77,463 28 Feb 2025 Common Stock 77,463 $36.51 Direct F9
holding SPXC Employee stock option to purchase common stock 53,465 28 Feb 2025 Common Stock 53,465 $50.09 Direct F10
holding SPXC Employee stock option to purchase common stock 46,291 28 Feb 2025 Common Stock 46,291 $58.34 Direct F11
holding SPXC Employee stock option to purchase common stock 49,378 28 Feb 2025 Common Stock 49,378 $48.97 Direct F12
holding SPXC Employee stock option to purchase common stock 33,707 28 Feb 2025 Common Stock 33,707 $71.93 Direct F13
holding SPXC Employee stock option to purchase common stock 24,238 28 Feb 2025 Common Stock 24,238 $116.40 Direct F14
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes unvested restricted stock units.
F2 Reflects shares sold solely to cover exercise price and income tax obligations in connection with exercise of options.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $144.51 to $145.49, 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.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $145.52 to $146.06, 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.
F5 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.
F6 Vests in three equal installments beginning on March 2, 2017.
F7 Vests in three equal installments beginning on March 1, 2018.
F8 Vests in three equal installments beginning on February 22, 2019.
F9 Vests in three equal installments beginning on February 21, 2020.
F10 Vests in three equal installments beginning on February 20, 2021.
F11 Vests in three equal installments beginning on March 1, 2022.
F12 Vests in three equal installments beginning on March 1, 2023.
F13 Vests in three equal installments beginning on March 1, 2024.
F14 Vests in three equal installments beginning on February 28, 2025.