Form 4: SPX Technologies Director Tana Utley Files Form 4
Insider Transaction Filing
Tana Leigh Utley, a Director at SPX Technologies, Inc., has filed a Form 4 reporting the grant of restricted stock units.
Summary
- Tana Leigh Utley, a Director of SPX Technologies, Inc. (SPXC), has filed a Form 4 statement detailing changes in her beneficial ownership of company securities.
- The filing reports the grant of 754 restricted stock units (RSUs) under the SPX 2019 Stock Compensation Plan on May 12, 2026.
- Following this transaction, Utley's total beneficial ownership stands at 41,347 shares, which includes unvested RSUs.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine disclosure of insider equity compensation rather than a significant event impacting company performance or strategy.
Positives
- Grant of restricted stock units to a Director, indicating continued incentive alignment with the company's performance.
- Director Utley's beneficial ownership of 41,347 shares, including unvested RSUs, suggests a significant stake in the company.
Future Outlook
This filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and equity-based compensation of company directors and officers within the industrial technology sector.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Tana Leigh Utley granted a power of attorney to specific individuals to act on her behalf for SEC filings, including Forms 3, 4, 5, Schedules 13D/13G, and Forms 144, and to manage her EDGAR account. | 02/17/2026 | Facilitates efficient and timely compliance with SEC reporting requirements for insider transactions and ownership. |
Stakeholder Impact
- Shareholders: Increased transparency regarding director compensation and ownership, reinforcing alignment of interests.
Key Dates
| Date | Description |
|---|---|
| 05/12/2026 | Transaction Date for the grant of restricted stock units. |
| 05/14/2026 | Date of signature for the Form 4 filing. |
| 02/17/2026 | Date of execution for the Power of Attorney document. |
Keywords
Form 4, SPX Technologies, SPXC, Tana Leigh Utley, Director, Restricted Stock Units, RSUs, Beneficial Ownership, SEC Filing, Stock Compensation Plan
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.