Form 4: SPX Technologies Director Acquires Shares
Statement of Changes in Beneficial Ownership
Robert B. Toth, a Director at SPX Technologies, Inc., acquired restricted stock units under the company's 2019 Stock Compensation Plan.
Summary
- Robert B. Toth, a Director at SPX Technologies, Inc., was granted restricted stock units on May 12, 2026.
- This grant was made under the SPX 2019 Stock Compensation Plan.
- Following this transaction, Mr. Toth beneficially owns 25,646 shares of common stock, which includes unvested restricted stock units.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine grant of stock units to a director under an existing plan, with no immediate indication of significant positive or negative financial impact.
Positives
- Director Robert B. Toth received a grant of restricted stock units, indicating continued incentive alignment with shareholders.
- The grant is part of the established SPX 2019 Stock Compensation Plan, suggesting a consistent approach to executive compensation.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that grants of restricted stock units to directors are a common practice in the industrials sector to align executive interests with long-term company performance and shareholder value.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Robert B. Toth granted a power of attorney to specific individuals to act on his behalf for SEC filings, including Forms 3, 4, 5, Schedules 13D/13G, and Forms 144. | 02/17/2026 | Facilitates efficient and timely filing of required disclosures by delegating administrative and execution tasks. |
Stakeholder Impact
- Shareholders: The grant of restricted stock units to a director aligns their interests with long-term company performance and shareholder value.
- Management: Reinforces the use of equity-based compensation as a tool for executive incentive and retention.
Key Dates
| Date | Description |
|---|---|
| 05/12/2026 | Transaction Date (Grant of restricted stock units) |
| 05/14/2026 | Date of signature on the filing |
| 02/17/2026 | Date of execution of the Power of Attorney |
Keywords
SPX Technologies, Form 4, Insider Trading, Restricted Stock Units, Stock Compensation Plan, Director, SEC Filing
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