Form 4: SPX Technologies Director Robert Toth Reports Stock Grant
SEC Form 4
Director Robert Toth reports receiving a grant of restricted stock units in SPX Technologies, increasing his holdings.
Summary
- Robert B. Toth, a director of SPX Technologies, Inc., reported a transaction on May 13, 2025.
- Toth acquired 892 shares of common stock through a grant of restricted stock units under the SPX 2019 Stock Compensation Plan.
- Following the transaction, Toth beneficially owns 24,892 shares of SPX Technologies, Inc., including unvested restricted stock units.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns director interests with company performance.
Positives
- The grant of restricted stock units aligns the director's interests with the long-term performance of the company.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The stock grant could have a minor positive impact on shareholder confidence by aligning management's interests with shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Grant of restricted stock units. |
| 05/15/2025 | Date of signature on the report. |
Keywords
SPX Technologies, Robert Toth, Director, Stock Grant, Restricted Stock Units, Beneficial Ownership, SPXC
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