Form 4: SPX Technologies VP Jennifer Carpenter Reports Stock and Option Grants
SEC Form 4 Filing
Jennifer Carpenter, VP and CHRO of SPX Technologies, reports the acquisition of restricted stock units and stock options.
Summary
- Jennifer Carpenter, VP and CHRO of SPX Technologies, filed a Form 4 detailing changes in beneficial ownership.
- On March 3, 2025, Carpenter was granted 2,089 shares of common stock and 4,015 shares held in a 401(k) plan.
- Carpenter also received an option to purchase 1,576 shares of common stock at $138.60, vesting in three equal installments beginning March 3, 2026, and expiring on March 3, 2035.
- Additionally, Carpenter holds an option to purchase 2,990 shares of common stock at $158.53, vesting in three equal installments beginning October 1, 2025, and expiring on October 1, 2034.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, so the sentiment is considered neutral.
Positives
- The grant of restricted stock units and stock options aligns Carpenter's interests with those of SPX Technologies' shareholders.
Industry Context
This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies.
Stakeholder Impact
- The grants of stock and options incentivize the executive to improve company performance, which benefits shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: Grant of restricted stock units and stock options. |
| 03/03/2026 | First vesting date for the stock option to purchase 1,576 shares. |
| 03/03/2028 | Expiration date for the stock option to purchase 1,576 shares. |
| 03/03/2035 | Expiration date for the stock option to purchase 1,576 shares. |
| 10/01/2025 | First vesting date for the stock option to purchase 2,990 shares. |
| 10/01/2027 | Expiration date for the stock option to purchase 2,990 shares. |
| 10/01/2034 | Expiration date for the stock option to purchase 2,990 shares. |
| 03/05/2025 | Date of Form 4 filing. |
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