Form 4: SPX Technologies Director Patrick J. O'Leary Reports Acquisition of Common Stock

Director Patrick J. O'Leary reports acquisition of SPX Technologies common stock through a grant of restricted stock units.

Summary

• On May 14, 2024, Patrick J. O'Leary, a director of SPX Technologies, Inc., acquired 998 shares of common stock.
• The acquisition was a grant of restricted stock units under the SPX 2019 Stock Compensation Plan.
• Following the transaction, O'Leary beneficially owns 39,701 shares of SPX Technologies, Inc., including unvested restricted stock units.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition by a company director.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates