SPX Technologies, Inc.

Item 5.02. Departure of Directors or Certain Officers; Elections of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 24, 2026, the Board of Directors (the “Board”) of SPX Technologies, Inc. (the “Company”) elected Brian Deck as director of the Company effective July 27, 2026. Also effective July 27, 2026, the Board appointed Mr. Deck as a member of the Board’s Audit and Governance & Sustainability Committees. For his service through the Company’s 2027 Annual Meeting of Stockholders, Mr. Deck will receive a cash retainer based on the annual cash retainer awarded to non-employee directors, pro-rated for his period of service beginning as of the effective date of his election to the Board. In addition, he will receive an equity grant of time-vested restricted stock units of the Company having a grant date value based on the grant date value of the annual grant of restricted stock units awarded to non-employee directors, but pro-rated for the period of his service beginning as of the effective date of his election to the Board, which vest, subject to his continued service on the Board, the day before the Company’s 2027 Annual Meeting of Stockholders. Such annual compensation for non-employee directors of the Company is set forth below: Annual Retainer of Cash $100,000 Grant Date Value of Annual Award of Time-Vested Restricted Stock Units $150,000 A press release issued by the Company on July 27, 2026 announcing the election of Mr. Deck is filed as Exhibit 99.1 hereto.