SPX Technologies Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$SPXC
Industrial Machinery/Components
Industrials
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 13, 2025
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Item 5.07. Submission of Matters to a Vote of Security Holders.
SPX Technologies, Inc. (the “Company”) held its 2025 Annual Meeting of Stockholders (the “Annual Meeting”) on May 13, 2025. At the Annual Meeting, the proposals listed below were submitted to a vote of the stockholders. The proposals are described in the Company’s definitive proxy statement for the Annual Meeting, which was filed with the Securities and Exchange Commission on April 3, 2025 (the “2025 Proxy Statement”). The voting results for each proposal are set forth below.
As of the record date for the Annual Meeting, there were 46,778,784 shares of common stock of the Company (“Common Stock”) outstanding and entitled to vote on each matter presented at the Annual Meeting. At the Annual Meeting, 43,940,462 shares of common stock, or approximately 93.93% of the outstanding shares of Common Stock entitled to vote, were represented in person or by proxy.
Proposal 1: Election of directors.
Director Nominee | Term Expiring | For | Against | Abstain | Broker Non-Votes | |||||||||||||||||||||||||||
| Eugene J. Lowe, III | 2027 | 41,760,861 | 284,246 | 33,304 | 1,862,051 | |||||||||||||||||||||||||||
Patrick J. O’Leary | 2027 | 41,524,400 | 520,645 | 33,366 | 1,862,051 | |||||||||||||||||||||||||||
David A. Roberts | 2027 | 41,335,715 | 709,411 | 33,285 | 1,862,051 | |||||||||||||||||||||||||||
Each of the above-listed nominees was elected as a director for a term expiring at the Company's annual meeting of stockholders to be held in 2027.
Proposal 2: Approval of named executive officers’ compensation as disclosed in the 2025 Proxy Statement, on a non-binding advisory basis (“Say-on-Pay”).
For | Against | Abstain | Broker Non-Votes | |||||||||||||||||||||||
| 39,682,129 | 2,210,068 | 186,214 | 1,862,051 | |||||||||||||||||||||||
A majority of votes cast in the advisory vote were for approval of the compensation of the Company’s named executive officers and, accordingly, the Company’s stockholders approved the Company’s named executive officers’ compensation as disclosed in the 2025 Proxy Statement, on a non-binding advisory basis.
Proposal 3: Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2025.
For | Against | Abstain | ||||||||||||||||||
| 42,882,979 | 998,292 | 59,191 | ||||||||||||||||||
As a result, the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2025 was ratified.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| SPX TECHNOLOGIES, INC. | ||||||||
| (Registrant) | ||||||||
| Date: May 13, 2025 | By: | /s/ Cherée H. Johnson | ||||||
| Cherée H. Johnson | ||||||||
| Vice President, Chief Legal Officer and Secretary | ||||||||
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