Independent
Tenure on this board
10.9 yrs
Also a director at
Whitehorse Finance Inc (WHF)Driven Brands Holdings Inc (DRVN)
Meeting calendar
SPXC · Annual meeting · Tuesday, May 12, 2026
Spx Technologies Inc
3 nominees · 3 ballot items.
Election of three directors; advisory approval of named executive officers’ compensation (say-on-pay); ratification of Deloitte as independent registered public accounting firm for 2026.
Market cap
$10.6B
1Y TSR
+30.5%
Board grade
A-
Record date
Mar 16, 2026
Filing
DEF 14A
Meeting concluded · May 12, 2026
Follow how the vote landed and what changed on Spx Technologies Inc’s board — director track records, governance grades, and ongoing monitoring — on the Boardroom Alpha platform.
Proposals
On the ballot3
- 1
Election of Directors
ManagementBoard: FORElect three nominees (Ricky D. Puckett, Meenal A. Sethna, and Tana L. Utley) to serve as directors until the 2027 Annual Meeting.
- 2
Approval of Named Executive Officers’ Compensation (Say-on-Pay
ManagementBoard: FORNon-binding advisory vote to approve the compensation of the company’s named executive officers as disclosed in the proxy statement.
More detail
This management proposal asks shareholders to cast a non-binding advisory vote to approve the compensation of the named executive officers as disclosed in the proxy statement. Management seeks ratification as a governance signal that its executive pay program—weighted heavily to performance-based incentives including PSUs tied to relative TSR, annual incentives tied to adjusted EBITDA, adjusted free cash flow, and revenue, and a mix of options and RSUs—aligns management and stockholder interests. The Board supports annual say-on-pay votes and will consider outcomes in future compensation decisions; high prior approval rates (approximately 95% in 2025) and extensive shareholder outreach are cited to justify continued use of the current program. The Committee emphasizes strong pay-for-performance features, clawback policies, double-trigger change-in-control protections, and limits on hedging/pledging as risk mitigants. A sophisticated analyst should note the use of non-GAAP metrics in incentive calculations, the PSU relative TSR peer benchmarking, and the potential governance impact of a negative vote despite being non-binding; management’s strong recent operating performance (notably high TSR and executive payouts) and the company’s rationale that pay is aligned with value creation are central to the recommendation.
- 3
Ratification of Appointment of Independent Registered Public Accounting Firm
ManagementBoard: FORStockholder vote to ratify the Audit Committee’s appointment of Deloitte & Touche LLP as SPX’s independent registered public accounting firm for 2026.
Director elections
Nominees on the ballot3
Independent
Tenure on this board
6.8 yrs
Independent
Tenure on this board
11.5 yrs
Also a director at
Woodward Inc (WWD)Cactus Inc (WHD)
Ownership
Latest 13F quarterTop institutional holders10
| # | Owner | % of shares | Shares | Value |
|---|---|---|---|---|
| 1 | BlackRock, Inc. | 7.5% | 3,771,586 | $754M |
| 2 | Capital International Investors | 5.8% | 2,893,247 | $578M |
| 3 | VANGUARD PORTFOLIO MANAGEMENT LLC | 5.0% | 2,489,488 | $498M |
| 4 | VANGUARD CAPITAL MANAGEMENT LLC | 4.5% | 2,233,005 | $446M |
| 5 | STATE STREET CORP | 3.6% | 1,782,901 | $356M |
| 6 | Capital World Investors | 3.5% | 1,745,487 | $349M |
| 7 | BlackRock, Inc. | 3.3% | 1,659,809 | $332M |
| 8 | Invesco Ltd. | 2.9% | 1,450,375 | $290M |
| 9 | FIRST TRUST ADVISORS LP | 2.7% | 1,362,871 | $272M |
| 10 | GEODE CAPITAL MANAGEMENT, LLC | 2.1% | 1,028,512 | $206M |
Peers
Nearest market capOther Industrials sector meetings6
Upcoming shareholder meetings at Spx Technologies Inc’s closest sector peers — compare boards, ballots, and ownership across the cohort.
Booz Allen Hamilton Holding CorpBAH
Annual meeting·Jul 22, 2026·$7.8B
U-haul Holding CoUHAL
Annual meeting·Aug 20, 2026·$14.0B
EnersysENS
Annual meeting·Aug 6, 2026·$7.2B
Csw Industrials IncCSW
Annual meeting·Aug 27, 2026·$4.6B
American Superconductor CorpAMSC
Annual meeting·Jul 31, 2026·$1.6B
Graham CorpGHM
Annual meeting·Aug 25, 2026·$1.3B
Reference
Frequently asked questions
- When is the Spx Technologies Inc 2026 annual meeting?
- Spx Technologies Inc (SPXC) holds its 2026 annual shareholder meeting on Tuesday, May 12, 2026.
- What is the record date for the Spx Technologies Inc 2026 meeting?
- The record date for the Spx Technologies Inc 2026 meeting is Monday, March 16, 2026. Shareholders of record on or before that date are eligible to vote.
- Who are the director nominees for Spx Technologies Inc's 2026 meeting?
- The board is presenting 3 director nominees at the Spx Technologies Inc 2026 meeting, listed with their independence status and background.
- What proposals will shareholders vote on at the Spx Technologies Inc 2026 meeting?
- Shareholders will vote on 3 proposals at the Spx Technologies Inc 2026 meeting, each tagged with who proposed it and the board's recommendation.
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