Data J Randall 4
4 · SPX Technologies, Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
SPX President Data J Randall Receives Award, Sells Shares for Taxes
What Happened
Data J Randall, President, Heating & Global Operations at SPX Technologies (SPXC), was granted 2,735 shares (performance-based restricted stock units) and simultaneously delivered 3,590 shares back to the company to satisfy withholding taxes. The 3,590 shares were valued at $237.18 each, totaling $851,476. The grant is under the SPX 2019 Stock Compensation Plan for the 2023–2025 performance period.
Key Details
- Transaction date: February 24, 2026; Form filed February 26, 2026 (appears timely).
- Grant: 2,735 shares (award/vesting; price N/A) — footnote: award under 2019 Stock Compensation Plan for 2023–2025 performance period.
- Tax withholding: 3,590 shares delivered to issuer (code F) at $237.18 per share = $851,476 withheld to cover taxes.
- Includes unvested restricted stock units (per filing footnote).
- Vesting schedules noted in filing: some RSUs vest in three equal installments beginning March 1, 2023; March 1, 2024; and February 28, 2025 (see footnotes).
- Shares owned after the transaction: not specified in the provided filing excerpt.
Context
This filing shows a performance RSU award and a routine internal share delivery to cover tax withholding upon vesting (a common administrative action), not an open-market sale. Transaction codes: A = award/grant; F = shares delivered for tax withholding. Such tax-withholding disposals do not necessarily indicate executive buying or selling sentiment.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-24+2,735→ 40,755 total - Tax Payment
Common Stock
[F3][F2]2026-02-24$237.18/sh−3,590$851,476→ 37,165 total
- 3,810(indirect: 401 (k) Plan)
Common Stock
- 3,272
Employee stock option to purchase common stock
[F4]Exercise: $48.97From: 2025-03-01Exp: 2032-03-01→ Common Stock (3,272 underlying) - 6,305
Employee stock option to purchase common stock
[F5]Exercise: $71.93From: 2026-03-01Exp: 2033-03-01→ Common Stock (6,305 underlying) - 6,850
Employee stock option to purchase common stock
[F6]Exercise: $116.40From: 2027-02-10Exp: 2034-02-28→ Common Stock (6,850 underlying)
Footnotes (6)
- [F1]Grant of shares under the SPX 2019 Stock Compensation Plan for achievement of performance for the 2023-2025 performance period.
- [F2]Includes unvested restricted stock units.
- [F3]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
- [F4]Vests in three equal installments beginning on March 1, 2023.
- [F5]Vests in three equal installments beginning on March 1, 2024.
- [F6]Vests in three equal installments beginning on February 28, 2025.