SPX Technologies Director Patrick J. O'Leary Receives RSU Award

What Happened Patrick J. O'Leary, a director of SPX Technologies, was granted 754 restricted stock units (RSUs) on May 12, 2026 (transaction code A). The Form 4 shows an award/grant rather than a market purchase or sale; no per-share price or cash value is reported in the filing. These RSUs are compensation units that convert to shares if and when they vest.

Key Details

• Transaction date: May 12, 2026; Form 4 filed May 14, 2026.
• Award: 754 restricted stock units (RSUs); price shown as N/A (no cash price reported).
• Shares owned after transaction: not specified in the filing.
• Footnotes: F1 = Grant of RSUs under the SPX 2019 Stock Compensation Plan; F2 = Includes unvested restricted stock units.
• Transaction type: Award/grant (code A). Filing does not indicate a late filing.

Context RSU grants are a common form of director/executive compensation and typically vest over time or upon meeting service/performance conditions; they are not an immediate purchase or sale and do not generate proceeds until shares vest. For retail investors, purchases by insiders can be a more direct signal of sentiment; grants are primarily compensation and should be interpreted accordingly.