[144] Spire Global, Inc. SEC Filing

Rhea-AI Filing Summary

Spire Global, Inc. (ticker SPIR) filed a Form 144 indicating that 7,716 common shares are planned for sale on 22 Jul 2025 through Morgan Stanley Smith Barney. At the recent market price cited in the filing, the prospective sale is worth $93,055, representing 0.02 % of the company’s 31.1 million shares outstanding.

The filer—identified in the tables as Peter Platzer under a Rule 10b5-1 trading plan—has already executed several open-market sales during the past three months, disposing of 196,638 shares for aggregate gross proceeds of $2.31 million. Those historical transactions occurred between 27 May 2025 and 8 Jul 2025 at various prices.

This Form 144 is a notice; it does not guarantee that the shares will be sold, nor does it disclose the insider’s remaining ownership. The fractional size of the proposed sale relative to total shares limits direct dilution risk, but the continued selling pattern may influence investor sentiment regarding insider confidence.

Positive

• None.

Negative

• Continued insider selling: 196,638 shares already sold plus 7,716 planned may signal reduced management confidence.
• Potential sentiment drag: Multiple sales in short span could create overhang despite small percentage of float.

Insights

Corporate Governance Expert

TL;DR Small additional insider sale follows ~$2.3 m prior disposals; signals ongoing liquidity need but minimal ownership impact.

Form 144 shows CEO-level insider Peter Platzer intends to sell another 7.7 k shares (<0.03 % float) under a 10b5-1 plan. Combined with ~197 k shares already sold since late May, total insider disposals remain well below the SEC’s 1 % / 5 % thresholds, so compliance risk is low. However, serial sales within a short window may raise perception questions on management’s near-term outlook. Because ownership percentages aren’t provided, true remaining stake cannot be gauged, limiting ability to judge strategic intent. Overall governance impact: modest, but worth monitoring.

Securities Analyst

TL;DR Planned $93k sale is immaterial to capitalization; sentiment risk outweighs financial impact.

From a market-impact view, 7,716 shares versus 31 m outstanding adds negligible float and no dilution. Even accumulated three-month sales (~197 k shares) equal ~0.6 days of average SPIR volume (assuming ~300 k shares/day), unlikely to pressure price mechanically. Nonetheless, regular sales by a key insider can act as an overhang for momentum-driven investors, especially absent offsetting insider buys. No operational or financial metrics accompany this filing, so fundamental valuation remains unchanged.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	7716	93054.96	31076659	07/22/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/20/2025	Restricted Stock Units	Issuer			7716	02/20/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for PETER PLATZER 8000 Towers Crescent Drive Suite 1100 Vienna VA 22182	Common	07/08/2025	130191	1594397.10
10b5-1 Sales for PETER PLATZER 8000 Towers Crescent Drive Suite 1100 Vienna VA 22182	Common	06/24/2025	25907	256728.01
10b5-1 Sales for PETER PLATZER 8000 Towers Crescent Drive Suite 1100 Vienna VA 22182	Common	06/11/2025	7750	93106.95
10b5-1 Sales for PETER PLATZER 8000 Towers Crescent Drive Suite 1100 Vienna VA 22182	Common	06/10/2025	8444	101697.00
10b5-1 Sales for PETER PLATZER 8000 Towers Crescent Drive Suite 1100 Vienna VA 22182	Common	06/10/2025	783	9615.24
10b5-1 Sales for PETER PLATZER 8000 Towers Crescent Drive Suite 1100 Vienna VA 22182	Common	05/27/2025	23563	256118.03

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many Spire Global (SPIR) shares are being proposed for sale?

The Form 144 covers 7,716 common shares scheduled for sale on 22 Jul 2025.

What is the estimated market value of the planned SPIR insider sale?

The filing cites an aggregate market value of approximately $93,055 for the 7,716 shares.

How many SPIR shares has the insider sold in the past three months?

According to the filing, 196,638 shares were sold between 27 May 2025 and 8 Jul 2025, generating $2.31 million in gross proceeds.

What percentage of Spire Global’s outstanding shares does the planned sale represent?

The 7,716 shares equal roughly 0.02 % of the 31.1 million shares outstanding.

Does the Form 144 guarantee that the shares will be sold?

No. A Form 144 is a notice of intent; the insider may, but is not obligated to, complete the sale.

Which broker is handling the proposed transaction?

Morgan Stanley Smith Barney LLC (Executive Financial Services) is listed as the broker.