Utley Tana Leigh 4

What Happened
Tana Leigh Utley, a director of SPX Technologies, Inc. (SPXC), was granted 754 restricted stock units (RSUs) on May 12, 2026 (transaction reported as an acquisition/award, code A). The Form 4 lists the share count but shows no per-share price or total dollar value (N/A). These RSUs are awards under the SPX 2019 Stock Compensation Plan and include unvested units, meaning they generally convert to common shares only after any applicable vesting conditions are met.

Key Details

• Transaction date: 2026-05-12 (reported on Form 4 filed 2026-05-14).
• Security/amount: 754 restricted stock units (award); price listed as N/A, total value not reported.
• Shares owned after transaction / total beneficial ownership: not disclosed on the filing.
• Footnotes: F1 = grant under SPX 2019 Stock Compensation Plan; F2 = includes unvested RSUs.
• Filing timeliness: Form 4 was filed two days after the transaction (Form 4s are typically due within two business days).

Context
RSU grants are a form of compensation and are different from open-market purchases or sales — they do not represent an immediate cash outlay or liquidation and usually vest over time. Such awards are routine for executives and directors and should not be read as a direct bullish or bearish trade signal by themselves; the award reflects compensation policy rather than an insider buying shares on the open market.