Companies SPX Technologies, Inc.
SPX Technologies (SPXC): executive pay, fiscal 2025
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CEO vs. named peers56th pct.Of 18 peer CEOs
CEO pay, last three years
- $7,658,614FY2023
- $9,305,169FY2024
- $9,338,813FY2025
CEO total pay was $9,338,813 in fiscal 2025, up from $9,305,169 in fiscal 2024.
FY2025: salary $1,138,116 · bonus $0 · stock awards $4,619,805 · option awards $1,318,221
Executives and directors
Eugene Lowe, III · CEOJohn Swann, III · EVPMark Carano · CFOSean McClenaghan · EVPJ. Randall Data · ExecutiveAngel Shelton Willis · Independent DirectorDavid A. Roberts · Independent DirectorMeenal A. Sethna · Independent DirectorPatrick J. O'Leary · DirectorRicky D. Puckett · Independent DirectorRobert B. Toth · Independent DirectorRuth G. Shaw · Independent DirectorTana L. Utley · Independent Director
Frequently asked questions
Who was the highest-paid executive at SPX Technologies, Inc. in fiscal 2025?
As disclosed, Eugene Lowe, III (President and Chief Executive Officer) was the highest-paid executive at SPX Technologies, Inc. in fiscal 2025, with total compensation of $9,338,813.
How does SPX Technologies, Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Eugene Lowe, III's total compensation ranked at the 56th percentile of SPX Technologies, Inc.'s disclosed peer group.
What is SPX Technologies, Inc.'s CEO-to-median employee pay ratio?
As disclosed, SPX Technologies, Inc.'s CEO-to-median employee pay ratio was 147:1.
How did shareholders vote on SPX Technologies, Inc.'s executive compensation?
As disclosed, 93.99% of shareholders supported SPX Technologies, Inc.'s executive compensation in the latest say-on-pay vote.
How much does SPX Technologies, Inc. spend in total on board compensation for fiscal 2025?
As disclosed, SPX Technologies, Inc. reported total board compensation of $2,079,994 for fiscal 2025.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Eugene Lowe, III | $1,138,116 | $0 | $4,619,805 | $1,318,221 | $2,072,966 | $0 | $189,705 | $9,338,813 |
| President and Chief Executive Officer | ||||||||
| Sean McClenaghan | 638,510 | 0 | 907,461 | 258,942 | 631,371 | 0 | 97,676 | 2,533,960 |
| Segment President, HVAC | ||||||||
| John Swann, III | 626,771 | 0 | 688,723 | 196,548 | 842,694 | 0 | 108,907 | 2,463,643 |
| Segment President, Detection & Measurement | ||||||||
| Mark Carano | 554,656 | 0 | 742,461 | 211,856 | 690,470 | 0 | 60,601 | 2,260,044 |
| Chief Financial Officer, Vice President and Treasurer | ||||||||
| J. Randall Data | 563,997 | 400,000 | 0 | 0 | 688,765 | 0 | 62,180 | 1,714,942 |
| Former President, Global Operations and Data Center Solutions | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Eugene Lowe, III | $9,338,813 | $9,305,169 | $7,658,614 | ↑ +33,644 |
| Sean McClenaghan | 2,533,960 | 2,681,236 | 2,258,949 | ↓ −147,276 |
| John Swann, III | 2,463,643 | 2,368,322 | 2,040,981 | ↑ +95,321 |
| Mark Carano | 2,260,044 | 2,236,954 | 2,286,905 | ↑ +23,090 |
| J. Randall Data | 1,714,942 | 3,000,433 | 2,153,549 | ↓ −1,285,491 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
SPX's compensation program is designed to align executive interests with stockholders by emphasizing variable, performance-based compensation that rewards the achievement of short-term financial goals and long-term stockholder value creation. The program targets market-competitive total compensation, with a significant majority of executive pay at risk, and utilizes rigorous performance metrics tied to financial results and strategic initiatives.
| CEO STI target (% of salary) | 110% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Meridian Compensation Partners, LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Mark Carano | RSU | 2025-03-03 | — | — | 1,529 | — | $211,919 |
| Mark Carano | PSU | 2025-03-03 | 1,529 | 3,057 | — | 6,114 | 530,542 |
| Sean McClenaghan | PSU | 2025-03-03 | 1,869 | 3,737 | — | 7,474 | 648,556 |
| Sean McClenaghan | RSU | 2025-03-03 | — | — | 1,868 | — | 258,905 |
| Sean McClenaghan | OPTION | 2025-03-03 | — | — | 4,229 | — | 258,942 |
| J. Randall Data | PSU | 2026-03-12 | — | 210,155 | — | 420,309 | 840,618 |
| John Swann, III | PSU | 2025-03-03 | 1,418 | 2,836 | — | 5,672 | 492,188 |
| John Swann, III | RSU | 2025-03-03 | — | — | 1,418 | — | 196,535 |
| Eugene Lowe, III | RSU | 2025-03-03 | — | — | 9,512 | — | 1,318,363 |
| Eugene Lowe, III | PSU | 2025-03-03 | 9,512 | 19,023 | — | 38,046 | 3,301,442 |
| John Swann, III | OPTION | 2025-03-03 | — | — | 3,210 | — | 196,548 |
| Eugene Lowe, III | OPTION | 2025-03-03 | — | — | 21,529 | — | 1,318,221 |
| Mark Carano | OPTION | 2025-03-03 | — | — | 3,460 | — | 211,856 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Mark Carano | $211,919 | $530,542 | $211,856 | 55.6% |
| Sean McClenaghan | 258,905 | 648,556 | 258,942 | 55.6% |
| J. Randall Data | 0 | 840,618 | 0 | 100.0% |
| John Swann, III | 196,535 | 492,188 | 196,548 | 55.6% |
| Eugene Lowe, III | 1,318,363 | 3,301,442 | 1,318,221 | 55.6% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Mark Carano | RSU | 803 | — | $160,648 |
| Sean McClenaghan | RSU | 860 | — | 172,052 |
| John Swann, III | RSU | 860 | — | 172,052 |
| J. Randall Data | RSU | 912 | — | 182,455 |
| Mark Carano | RSU | 1,167 | — | 233,470 |
| Mark Carano | RSU | 1,182 | — | 236,471 |
| John Swann, III | RSU | 1,228 | — | 245,674 |
| John Swann, III | RSU | 1,418 | — | 283,685 |
| Mark Carano | RSU | 1,529 | — | 305,892 |
| Sean McClenaghan | RSU | 1,535 | — | 307,092 |
| Mark Carano | Option | 1,851 | 71.93 | — |
| Sean McClenaghan | RSU | 1,868 | — | 373,712 |
| Sean McClenaghan | Option | 1,983 | 71.93 | — |
| John Swann, III | Option | 1,983 | 71.93 | — |
| J. Randall Data | RSU | 1,995 | — | 399,120 |
| J. Randall Data | Option | 2,102 | 71.93 | — |
| Mark Carano | Option | 2,705 | 116.4 | — |
| John Swann, III | Option | 2,810 | 116.4 | — |
| John Swann, III | RSU | 2,836 | — | 567,370 |
| Mark Carano | RSU | 3,057 | — | 611,583 |
| J. Randall Data | Option | 3,272 | 48.97 | — |
| Sean McClenaghan | Option | 3,513 | 116.4 | — |
| Mark Carano | RSU | 3,544 | — | 709,013 |
| John Swann, III | RSU | 3,683 | — | 736,821 |
| Sean McClenaghan | RSU | 3,737 | — | 747,624 |
| J. Randall Data | Option | 4,567 | 116.4 | — |
| Sean McClenaghan | RSU | 4,603 | — | 920,876 |
| Mark Carano | RSU | 4,816 | — | 963,489 |
| Eugene Lowe, III | RSU | 4,873 | — | 974,892 |
| Sean McClenaghan | RSU | 5,160 | — | 1,032,310 |
| John Swann, III | RSU | 5,160 | — | 1,032,310 |
| J. Randall Data | RSU | 5,469 | — | 1,094,128 |
| John Swann, III | PSU | 5,672 | — | 1,134,740 |
| J. Randall Data | RSU | 5,984 | — | 1,197,159 |
| Mark Carano | PSU | 6,114 | — | 1,223,167 |
| Eugene Lowe, III | RSU | 7,058 | — | 1,412,023 |
| Mark Carano | PSU | 7,088 | — | 1,418,025 |
| Mark Carano | PSU | 7,224 | — | 1,445,233 |
| John Swann, III | PSU | 7,366 | — | 1,473,642 |
| Sean McClenaghan | PSU | 7,474 | — | 1,495,248 |
| Sean McClenaghan | PSU | 7,740 | — | 1,548,464 |
| John Swann, III | PSU | 7,740 | — | 1,548,464 |
| John Swann, III | Option | 8,101 | 58.34 | — |
| J. Randall Data | PSU | 8,204 | — | 1,641,192 |
| Sean McClenaghan | PSU | 9,206 | — | 1,841,752 |
| Eugene Lowe, III | RSU | 9,512 | — | 1,902,971 |
| Eugene Lowe, III | Option | 11,236 | 71.93 | — |
| J. Randall Data | PSU | 11,968 | — | 2,394,318 |
| Eugene Lowe, III | Option | 16,159 | 116.4 | — |
| Eugene Lowe, III | RSU | 19,023 | — | 3,805,741 |
| Sean McClenaghan | Option | 20,585 | 55.22 | — |
| Eugene Lowe, III | RSU | 21,175 | — | 4,236,271 |
| Eugene Lowe, III | RSU | 29,238 | — | 5,849,354 |
| Eugene Lowe, III | PSU | 38,046 | — | 7,611,483 |
| Eugene Lowe, III | PSU | 42,350 | — | 8,472,541 |
| Eugene Lowe, III | PSU | 43,857 | — | 8,774,031 |
| Eugene Lowe, III | Option | 46,291 | 58.34 | — |
| Eugene Lowe, III | Option | 49,378 | 48.97 | — |
| Eugene Lowe, III | Option | 53,465 | 50.09 | — |
| Eugene Lowe, III | Option | 72,298 | 32.69 | — |
| Eugene Lowe, III | Option | 77,463 | 36.51 | — |
| Eugene Lowe, III | Option | 82,405 | 27.4 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Patrick J. O'LearyGovernance & Sustainability · Partial-year service | $215,000 | $140,098 | $0 | $0 | $10,000 | $365,098 |
| Meenal A. SethnaIndependent · Audit Committee (Chair) · Governance and Sustainability Committee | 110,000 | 140,098 | 0 | 0 | 8,960 | 259,058 |
| Ricky D. PuckettIndependent · Audit Committee · Compensation Committee (Chair) | 105,000 | 140,098 | 0 | 0 | 10,000 | 255,098 |
| Ruth G. ShawIndependent · Compensation Committee · Governance and Sustainability Committee (Chair) | 105,000 | 140,098 | 0 | 0 | 10,000 | 255,098 |
| David A. RobertsIndependent · Compensation Committee · Governance and Sustainability Committee | 90,000 | 140,098 | 0 | 0 | 10,000 | 240,098 |
| Angel Shelton WillisIndependent · Audit Committee · Governance and Sustainability Committee | 90,000 | 140,098 | 0 | 0 | 8,250 | 238,348 |
| Tana L. UtleyIndependent · Audit Committee · Compensation Committee | 90,000 | 140,098 | 0 | 0 | 5,000 | 235,098 |
| Robert B. TothIndependent · Audit Committee · Compensation Committee | 90,000 | 140,098 | 0 | 0 | 2,000 | 232,098 |
| Eugene J. Lowe IIIEmployee director | 0 | 0 | 0 | — | 0 | 0 |
Board fee structure and ownership guideline
| Annual cash retainer | $90,000 |
|---|---|
| Annual equity retainer | $140,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 15,000 |
| Stock ownership guideline | $5 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $895,000 |
| Equity awards (grant-date value) | $1,120,784 |
| All other compensation | $64,210 |
| Total cost of the board | $2,079,994 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names SPX Technologies as a peer
Companies that benchmark against SPXC
24 companies name SPXC as a compensation peer
- ALBANY INTERNATIONAL CORP /DE/AINFY2025
- Allegion plcALLEFY2025
- ARMSTRONG WORLD INDUSTRIES INCAWIFY2025
- ASTEC INDUSTRIES INCASTEFY2025
- Atmus Filtration Technologies Inc.ATMUFY2025
- CSW INDUSTRIALS, INC.CSWFY2026
- DONALDSON Co INCDCIFY2026
- EnerSysENSFY2026
- Enpro Inc.NPOFY2025
- ESAB CorpESABFY2025
- ESCO TECHNOLOGIES INCESEFY2025
- FEDERAL SIGNAL CORP /DE/FSSFY2025
- Gates Industrial Corp Ltd.GTESFY2025
- GENTEX CORPGNTXFY2025
- Hayward Holdings, Inc.HAYWFY2025
- JBT MAREL CorpJBTMFY2025
- KENNAMETAL INCKMTFY2026
- LUXFER HOLDINGS PLCLXFRFY2025
- MANITOWOC CO INCMTWFY2025
- Mativ Holdings, Inc.MATVFY2025
- MODINE MANUFACTURING COMODFY2026
- nVent Electric plcNVTFY2025
- Solaris Energy Infrastructure, Inc.SEIFY2025
- WATSCO INCWSOFY2025
- WATTS WATER TECHNOLOGIES INCWTSFY2025
Each company listed discloses SPXC in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SPXC in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Disclosed peer group — fiscal year 2025
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
ESE ESCO Technologies Inc.NPO Enpro Inc.ESAB ESAB CorporationGGG Graco, Inc.NDSN Nordson Corp.WTS Watts Water Technologies, Inc.ZWS Zurn Elkay Water Solutions CorporationMWA Mueller Water Products, Inc.IEX IDEX Corp.TRS TriMas Corp.FELE Franklin Electric Co., Inc.FSS Federal Signal CorporationBNED Barnes Group Inc.ITT ITT Inc.CW Curtiss-Wright Corp.CR Crane Co.JBTM JBT Marel CorporationGTLS Chart Industries, Inc.
Peer reciprocity
Of the companies SPX Technologies, Inc. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.
✓ ESCO Technologies Inc. (ESE)68✓ Enpro Inc. (NPO)69✓ ESAB Corporation (ESAB)70— Graco, Inc. (GGG)71— Nordson Corp. (NDSN)72✓ Watts Water Technologies, Inc. (WTS)73— Zurn Elkay Water Solutions Corporation (ZWS)74— Mueller Water Products, Inc. (MWA)75— IDEX Corp. (IEX)76— TriMas Corp. (TRS)77— Franklin Electric Co., Inc. (FELE)78✓ Federal Signal Corporation (FSS)79— Barnes Group Inc. (BNED)80— ITT Inc. (ITT)81— Curtiss-Wright Corp. (CW)82— Crane Co. (CR)83✓ JBT Marel Corporation (JBTM)84 Chart Industries, Inc. (GTLS)
Reciprocity shown where the peer’s own current proxy has been read — each mark is cited in the register to that peer’s filing. A dash means the peer’s current proxy was read and names no reciprocal group including SPX Technologies, Inc..
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | ITT Inc. | 2025 | Luca Savi | $1,190,386 | $11,073,033 | $0 | $2,575,800 | $15,104,378 |
| 2 | Curtiss-Wright Corp. | 2025 | Lynn Bamford | 1,090,385 | 4,004,000 | 0 | 5,139,700 | 14,135,280 |
| 3 | TriMas Corp. | 2025 | Thomas J. Snyder | 415,385 | 4,249,999 | 6,707,644 | 0 | 12,128,864 |
| 4 | Zurn Elkay Water Solutions Corporation | 2025 | Todd Adams | 1,005,000 | 8,000,010 | 0 | 1,852,969 | 11,603,760 |
| 5 | Crane Co. | 2025 | Max Mitchell | 1,244,231 | 5,480,738 | 1,562,506 | 1,840,200 | 10,518,852 |
| 6 | Watts Water Technologies, Inc. | 2025 | Robert Pagano, Jr. | 1,173,000 | 6,450,421 | 0 | 2,709,000 | 10,423,317 |
| 7 | Esab Corporation | 2025 | Shyam P. Kambeyanda | 1,074,175 | 6,754,615 | 1,415,023 | 0 | 9,695,542 |
| 8 | Graco, Inc. | 2025 | Mark Sheahan | 1,065,000 | 0 | 5,749,775 | 1,259,907 | 9,491,330 |
| 9 | SPX Technologies, Inc. | 2025 | Eugene Lowe, III | 1,138,116 | 4,619,805 | 1,318,221 | 2,072,966 | 9,338,813 |
| 10 | Idex Corp. | 2025 | Eric Ashleman | 1,079,885 | 4,933,497 | 1,521,621 | 1,345,163 | 9,112,893 |
| 11 | Federal Signal Corporation | 2025 | Jennifer Sherman | 1,016,617 | 3,635,646 | 1,211,852 | 2,255,000 | 8,421,321 |
| 12 | Nordson Corp. | 2025 | Sundaram Nagarajan | 1,049,385 | 3,514,413 | 1,519,547 | 1,327,472 | 8,153,900 |
| 13 | JBT Marel Corporation | 2025 | Brian Deck | 1,065,810 | 5,199,957 | 0 | 1,480,500 | 7,966,447 |
| 14 | Chart Industries, Inc. | 2024 | Jillian Evanko | 1,100,000 | 4,378,424 | 1,573,870 | 565,785 | 7,687,879 |
| 15 | Enpro Inc. | 2025 | Eric Vaillancourt | 934,616 | 3,678,231 | 1,390,716 | 1,341,949 | 7,457,747 |
| 16 | Mueller Water Products, Inc. | 2025 | Marietta Edmunds Zakas | 931,327 | 2,970,915 | 849,977 | 2,038,676 | 6,855,283 |
| 17 | Esco Technologies Inc. | 2025 | Bryan Sayler | 830,500 | 3,052,886 | 0 | 1,661,000 | 5,586,139 |
| 18 | Franklin Electric Co., Inc. | 2025 | Joseph Ruzynski | 900,000 | 2,624,984 | 875,116 | 558,900 | 5,072,064 |
| 19 | Barnes Group Inc. | 2026 | Jonathan Shar | 594,231 | 0 | 0 | — | 795,540 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Incentive design against the same peers
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| SPX Technologies, Inc. | 163.9% | PSU 50 · Option 25 · RSU 25 | Yes — Relative TSR | Meridian Compensation Partners, LLC |
| Barnes Group Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Chart Industries, Inc. | 38.1% | not disclosed | No | Pay Governance |
| Crane Co. | 122.7% | PSU 55 · Options 25 · RSU 20 | No | Frederic W. Cook & Co., Inc. |
| Curtiss-Wright Corp. | not disclosed | PSU 40 · Cash LTI 30 · RSU 30 | Yes — Three-year relative TSR against the peer group | Frederic W. Cook & Co., Inc. |
| Enpro Inc. | 130.5% | RSU 40 · PSU 30 · Options 30 | Yes — rTSR | Pearl Meyer & Partners, LLC |
| Esab Corporation | not disclosed | not disclosed | No | Meridian |
| Esco Technologies Inc. | 200% | PSU 70 · RSU 30 | No | Pay Governance LLC |
| Federal Signal Corporation | not disclosed | PSU 50 · Option 25 · Restricted Stock 25 | not disclosed | Meridian |
| Franklin Electric Co., Inc. | 62.1% | PSU 50 · Option 25 · RSU 25 | No | Meridian |
| Graco, Inc. | not disclosed | Option 100 | not disclosed | Willis Towers Watson |
| Idex Corp. | 99% | PSU 50 · Options 25 · RSU 25 | Yes — relative TSR measured against the TSR of companies in the S&P 500 Index | F.W. Cook |
| ITT Inc. | 159% | PSU 60 · RSU 40 | Yes — Relative TSR | Pay Governance |
| JBT Marel Corporation | not disclosed | PRSU 60 · RSU 40 | not disclosed | Meridian |
| Mueller Water Products, Inc. | 199% | PRSU 50 · Option 25 · RSU 25 | Yes — relative total shareholder return (rTSR) | Farient Advisors, LLC |
| Nordson Corp. | not disclosed | PSU 50 · Options 30 · RSU 20 | No | FW Cook |
| TriMas Corp. | 200% | Options 65 · RSU 35 | No | Meridian Compensation Partners |
| Watts Water Technologies, Inc. | 180.6% | not disclosed | No | Pearl Meyer & Partners, LLC |
| Zurn Elkay Water Solutions Corporation | 147% | PSU 100 | No | Willis Towers Watson |
Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-12 | 43,785,463 | 2,737,610 | 61,256 | 93.99% | Passed |
| 2025 | 2025-05-13 | 39,682,129 | 2,210,068 | 186,214 | 94.31% | Passed |
| 2024 | 2024-05-14 | 42,030,376 | 1,160,756 | 67,453 | 97.16% | Passed |
| 2023 | 2023-05-09 | 33,774,443 | 4,981,693 | 360,418 | 86.34% | Passed |
| 2022 | 2022-05-10 | 34,709,125 | 7,220,115 | 166,101 | 82.45% | Passed |
| 2021 | 2021-05-11 | 38,601,270 | 1,814,873 | 152,924 | 95.15% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-05-12 | 93.99%a |
| 2025 | 2025-05-13 | 94.31%b |
| 2024 | 2024-05-14 | 97.16%c |
a. Approved under the standard stated in the filing — “Because an abstention is considered a share present or represented by proxy and entitled to vote, as one less vote for approval it will have the effect of a vote against the ratification of our independent public accountants and any other proposals that may be brought before the Annual Meeting.”.
b. Approved under the standard stated in the filing — “An abstention is not considered as a share voted and will not impact the election of directors or the non-binding advisory vote to approve our named executive officers' compensation.”.
c. Approved under the standard stated in the filing — “If a stockholder abstains from voting or directs the stockholder's proxy to abstain from voting on the proposal to approve the Board Declassification Amendment, the abstention has the same effect as a vote against this proposal.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | 147 : 1 |
|---|---|
| CEO total compensation | $9,338,813 |
| Median employee compensation | $63,373 |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Ricky D. Puckett | Director | 2026-05-12 | A | 754 | — | — | Common | Form 4 ↗ |
| Robert B. Toth | Director | 2026-05-12 | A | 754 | — | — | Common | Form 4 ↗ |
| Tana L. Utley | Director | 2026-05-12 | A | 754 | — | — | Common | Form 4 ↗ |
| Patrick J. Oleary | Director | 2026-05-12 | A | 754 | — | — | Common | Form 4 ↗ |
| David A. Roberts | Director | 2026-05-12 | A | 754 | — | — | Common | Form 4 ↗ |
| Angel Shelton Willis | Director | 2026-05-12 | A | 754 | — | — | Common | Form 4 ↗ |
| Meenal A. Sethna | Director | 2026-05-12 | A | 754 | — | — | Common | Form 4 ↗ |
| Ruth G. Shaw | Director | 2026-05-12 | A | 754 | — | — | Common | Form 4 ↗ |
| Brian A. Deck | Director | 2026-07-27 | A | 542 | — | — | Common | Form 4 ↗ |
| Robert B. Toth | Director | 2026-08-10 | A | 24,892 | 0 | 0 | Common | Form 4 ↗ |
| Robert B. Toth | Director | 2026-08-10 | D | 24,892 | 0 | 0 | Common | Form 4 ↗ |
| Robert B. Toth | Director | 2026-08-31 | A | 24,892 | 0 | 0 | Common | Form 4 ↗ |
| Robert B. Toth | Director | 2026-08-31 | D | 24,892 | 0 | 0 | Common | Form 4 ↗ |
| Jennifer Carpenter | VP and CHRO | 2026-10-01 | D | 183 | 170 | 31,057 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (84 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Eugene Lowe, III. DEF 14A, filed 2026-03-31. Section “Summary Compensation Table” · page 37. As printed: 9,338,813. View filing ↗
- Section 01, Sean McClenaghan. DEF 14A, filed 2026-03-31. Section “Summary Compensation Table” · page 37. As printed: 2,533,960. View filing ↗
- Section 01, John Swann, III. DEF 14A, filed 2026-03-31. Section “Summary Compensation Table” · page 37. As printed: 2,463,643. View filing ↗
- Section 01, Mark Carano. DEF 14A, filed 2026-03-31. Section “Summary Compensation Table” · page 37. As printed: 2,260,044. View filing ↗
- Section 01, J. Randall Data. DEF 14A, filed 2026-03-31. Section “Summary Compensation Table” · page 37. As printed: 1,714,942. View filing ↗
- Section 03, Mark Carano RSU. DEF 14A, filed 2026-03-31. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Mark Carano PSU. DEF 14A, filed 2026-03-31. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Sean McClenaghan PSU. DEF 14A, filed 2026-03-31. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Sean McClenaghan RSU. DEF 14A, filed 2026-03-31. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Sean McClenaghan OPTION. DEF 14A, filed 2026-03-31. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, J. Randall Data PSU. DEF 14A, filed 2026-03-31. Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. View filing ↗
- Section 03, John Swann, III PSU. DEF 14A, filed 2026-03-31. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, John Swann, III RSU. DEF 14A, filed 2026-03-31. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Eugene Lowe, III RSU. DEF 14A, filed 2026-03-31. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Eugene Lowe, III PSU. DEF 14A, filed 2026-03-31. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, John Swann, III OPTION. DEF 14A, filed 2026-03-31. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Eugene Lowe, III OPTION. DEF 14A, filed 2026-03-31. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 03, Mark Carano OPTION. DEF 14A, filed 2026-03-31. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-31. Section “CEO Pay Ratio”. As printed: 147 : 1. View filing ↗
- Section 08, Patrick J. O'Leary. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 365,098. View filing ↗
- Section 08, Meenal A. Sethna. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 259,058. View filing ↗
- Section 08, Ricky D. Puckett. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 255,098. View filing ↗
- Section 08, Ruth G. Shaw. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 255,098. View filing ↗
- Section 08, David A. Roberts. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 240,098. View filing ↗
- Section 08, Angel Shelton Willis. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 238,348. View filing ↗
- Section 08, Tana L. Utley. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 235,098. View filing ↗
- Section 08, Robert B. Toth. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 232,098. View filing ↗
- Section 08, Eugene J. Lowe III. DEF 14A, filed 2026-03-31. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 02, Ricky D. Puckett 2026-05-12. Form 4, filed 2026-05-14. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Robert B. Toth 2026-05-12. Form 4, filed 2026-05-14. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Tana L. Utley 2026-05-12. Form 4, filed 2026-05-14. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Patrick J. Oleary 2026-05-12. Form 4, filed 2026-05-14. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, David A. Roberts 2026-05-12. Form 4, filed 2026-05-14. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Angel Shelton Willis 2026-05-12. Form 4, filed 2026-05-14. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Meenal A. Sethna 2026-05-12. Form 4, filed 2026-05-14. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Ruth G. Shaw 2026-05-12. Form 4, filed 2026-05-14. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Brian A. Deck 2026-07-27. Form 4, filed 2026-07-28. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Robert B. Toth 2026-08-10. Form 4, filed 2026-08-11. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Robert B. Toth 2026-08-10. Form 4, filed 2026-08-11. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Robert B. Toth 2026-08-31. Form 4, filed 2026-08-31. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Robert B. Toth 2026-08-31. Form 4, filed 2026-08-31. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Jennifer Carpenter 2026-10-01. Form 4, filed 2026-10-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-05-12. Item 5.07 · say-on-pay result. As reported: 93.99% (votes for as printed: 43,785,463). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-05-13. Item 5.07 · say-on-pay result. As reported: 94.31% (votes for as printed: 39,682,129). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-05-14. Item 5.07 · say-on-pay result. As reported: 97.16% (votes for as printed: 42,030,376). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 895,000 + equity 1,120,784 + all other 64,210 = 2,079,994, summed across the director compensation table rows.
- ITT Inc., Section 10b CEO total. DEF 14A, filed 2026-04-03. CEO total compensation as printed in ITT Inc.'s own proxy. As printed: 15,104,378. View filing ↗
- Curtiss-Wright Corp., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Curtiss-Wright Corp.'s own proxy. As printed: 14,135,280. View filing ↗
- TriMas Corp., Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in TriMas Corp.'s own proxy. As printed: 12,128,864. View filing ↗
- Zurn Elkay Water Solutions Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-12. CEO total compensation as printed in Zurn Elkay Water Solutions Corporation's own proxy. As printed: 11,603,760. View filing ↗
- Crane Co., Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Crane Co.'s own proxy. As printed: 10,518,852. View filing ↗
- Watts Water Technologies, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in Watts Water Technologies, Inc.'s own proxy. As printed: 10,423,317. View filing ↗
- Esab Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-27. CEO total compensation as printed in Esab Corporation's own proxy. As printed: 9,695,542. View filing ↗
- Graco, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-11. CEO total compensation as printed in Graco, Inc.'s own proxy. As printed: 9,491,330. View filing ↗
- SPX Technologies, Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-03-31. CEO total compensation as printed in SPX Technologies, Inc.'s own proxy. As printed: 9,338,813. View filing ↗
- Idex Corp., Section 10b CEO total. DEF 14A, filed 2026-03-26. CEO total compensation as printed in Idex Corp.'s own proxy. As printed: 9,112,893. View filing ↗
- Federal Signal Corporation, Section 10b CEO total. DEF 14A, filed 2026-03-06. CEO total compensation as printed in Federal Signal Corporation's own proxy. As printed: 8,421,321. View filing ↗
- Nordson Corp., Section 10b CEO total. DEF 14A, filed 2026-01-16. CEO total compensation as printed in Nordson Corp.'s own proxy. As printed: 8,153,900. View filing ↗
- JBT Marel Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-01. CEO total compensation as printed in JBT Marel Corporation's own proxy. As printed: 7,966,447. View filing ↗
- Chart Industries, Inc., Section 10b CEO total. DEF 14A, filed 2025-04-08. CEO total compensation as printed in Chart Industries, Inc.'s own proxy. As printed: 7,687,879. View filing ↗
- Enpro Inc., Section 10b CEO total. DEF 14A, filed 2026-03-23. CEO total compensation as printed in Enpro Inc.'s own proxy. As printed: 7,457,747. View filing ↗
- Mueller Water Products, Inc., Section 10b CEO total. DEF 14A, filed 2025-12-19. CEO total compensation as printed in Mueller Water Products, Inc.'s own proxy. As printed: 6,855,283. View filing ↗
- Esco Technologies Inc., Section 10b CEO total. DEF 14A, filed 2025-12-10. CEO total compensation as printed in Esco Technologies Inc.'s own proxy. As printed: 5,586,139. View filing ↗
- Franklin Electric Co., Inc., Section 10b CEO total. DEF 14A, filed 2026-03-25. CEO total compensation as printed in Franklin Electric Co., Inc.'s own proxy. As printed: 5,072,064. View filing ↗
- Barnes Group Inc., Section 10b CEO total. DEF 14A, filed 2026-08-12. CEO total compensation as printed in Barnes Group Inc.'s own proxy. As printed: 795,540. View filing ↗
- Section 10a, ESCO Technologies Inc. reciprocity. DEF 14A. ESCO Technologies Inc. names SPX Technologies, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Enpro Inc. reciprocity. DEF 14A. Enpro Inc. names SPX Technologies, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, ESAB Corporation reciprocity. DEF 14A. ESAB Corporation names SPX Technologies, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Graco, Inc. reciprocity. DEF 14A. Graco, Inc.'s most recent proxy was read; its disclosed peer group does not include SPX Technologies, Inc.. View filing ↗
- Section 10a, Nordson Corp. reciprocity. DEF 14A. Nordson Corp.'s most recent proxy was read; its disclosed peer group does not include SPX Technologies, Inc.. View filing ↗
- Section 10a, Watts Water Technologies, Inc. reciprocity. DEF 14A. Watts Water Technologies, Inc. names SPX Technologies, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Zurn Elkay Water Solutions Corporation reciprocity. DEF 14A. Zurn Elkay Water Solutions Corporation's most recent proxy was read; its disclosed peer group does not include SPX Technologies, Inc.. View filing ↗
- Section 10a, Mueller Water Products, Inc. reciprocity. DEF 14A. Mueller Water Products, Inc.'s most recent proxy was read; its disclosed peer group does not include SPX Technologies, Inc.. View filing ↗
- Section 10a, IDEX Corp. reciprocity. DEF 14A. IDEX Corp.'s most recent proxy was read; its disclosed peer group does not include SPX Technologies, Inc.. View filing ↗
- Section 10a, TriMas Corp. reciprocity. DEF 14A. TriMas Corp.'s most recent proxy was read; its disclosed peer group does not include SPX Technologies, Inc.. View filing ↗
- Section 10a, Franklin Electric Co., Inc. reciprocity. DEF 14A. Franklin Electric Co., Inc.'s most recent proxy was read; its disclosed peer group does not include SPX Technologies, Inc.. View filing ↗
- Section 10a, Federal Signal Corporation reciprocity. DEF 14A. Federal Signal Corporation names SPX Technologies, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
- Section 10a, Barnes Group Inc. reciprocity. DEF 14A. Barnes Group Inc.'s most recent proxy was read; its disclosed peer group does not include SPX Technologies, Inc.. View filing ↗
- Section 10a, ITT Inc. reciprocity. DEF 14A. ITT Inc.'s most recent proxy was read; its disclosed peer group does not include SPX Technologies, Inc.. View filing ↗
- Section 10a, Curtiss-Wright Corp. reciprocity. DEF 14A. Curtiss-Wright Corp.'s most recent proxy was read; its disclosed peer group does not include SPX Technologies, Inc.. View filing ↗
- Section 10a, Crane Co. reciprocity. DEF 14A. Crane Co.'s most recent proxy was read; its disclosed peer group does not include SPX Technologies, Inc.. View filing ↗
- Section 10a, JBT Marel Corporation reciprocity. DEF 14A. JBT Marel Corporation names SPX Technologies, Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗