Data J Randall 4
Research Summary
AI-generated summary
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.