Whitman Daniel Jay 4

What Happened

• Daniel Jay Whitman, VP, General Counsel & Secretary of SPX Technologies (SPXC), received equity awards on February 1, 2026. The Form 4 reports two award entries: 1,173 shares (non-derivative) and 2,628 derivative securities. No per-share price or cash exchanged is reported (N/A) — these are company compensation grants, not open-market purchases or sales.
• The filing identifies these as restricted stock units (RSUs) and/or option grants (see footnotes). The awards are unvested and subject to a vesting schedule that vests in three equal installments beginning February 1, 2027.

Key Details

• Transaction date: February 1, 2026. Filing date (Form 4): February 3, 2026.
• Amounts: 1,173 shares (non-derivative); 2,628 derivative awards (reported as RSUs/options). Price: N/A (compensation grant).
• Shares owned after transaction: Not specified in the provided excerpt of the filing.
• Relevant footnotes from the filing:
  • F1: Grant of restricted stock units under the SPX 2019 Stock Compensation Plan.
  • F2: Includes unvested restricted stock units.
  • F3: Grant of stock option pursuant to the SPX 2019 Stock Compensation Plan.
  • F4: Vests in three equal installments beginning on February 1, 2027.
• Filing timeliness: Form 4 was filed Feb 3, 2026; the filing itself does not indicate a late-report flag in the provided data.

Context

• These entries are awards (compensation) — common for executives — and do not represent open-market buying or selling. Awards are typically subject to vesting and do not immediately increase freely tradable shares.
• The derivative entry refers to equity-based compensation (RSUs or options). RSUs convert to shares when they vest; options give the right to buy shares under plan terms.
• Such grants are routine executive compensation and should be viewed as company-issued awards rather than a direct market endorsement or divestment.