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John Martinez joins Spire Global (NYSE: SPIR) board of directors

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(Moderate)
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Form Type
8-K

Rhea-AI Filing Summary

Spire Global, Inc. expanded its Board of Directors from seven to eight members and appointed John Martinez as a Class III independent director, effective March 9, 2026. He will serve until the 2027 annual meeting, and has also joined the Board’s Compensation Committee.

Martinez, currently Chief Legal Officer at Parsons Corporation and formerly at Maximus, brings deep experience across national defense, security and intelligence markets. As part of Spire’s non-employee director compensation program, he received an initial grant of 26,570 restricted stock units, vesting in three equal annual installments, contingent on continued service.

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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): March 9, 2026

SPIRE GLOBAL, INC.

(Exact name of registrant as specified in its charter)

Delaware

001-39493

85-1276957

(State or other jurisdiction
of incorporation)

(Commission File Number)

(IRS Employer
Identification No.)

8000 Towers Crescent Drive

Suite 1100

Vienna, Virginia

22182

(Address of principal executive offices)

(Zip code)

Registrant’s telephone number, including area code: (202) 301-5127

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 


 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class

Trading
Symbol(s)


Name of each exchange on which registered

Class A common stock, par value of $0.0001 per share

SPIR

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

 

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 


 

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On March 9, 2026, the Board of Directors (the “Board”) of Spire Global, Inc. (the “Company”) approved an increase in the size of the Board from seven to eight members and appointed John Martinez as a director, effective March 9, 2026. Mr. Martinez will serve as a Class III director until the 2027 annual meeting of stockholders and until his successor is elected and qualified, or until his earlier death, resignation or removal.

 

The Board determined that Mr. Martinez qualifies as an independent director pursuant to the listing standards of the New York Stock Exchange (the “NYSE”) and the rules of the U.S. Securities and Exchange Commission (the “SEC”). The Board has also appointed Mr. Martinez to serve on the Compensation Committee of the Board. Mr. Martinez will receive compensation for his service in accordance with the Company’s non-employee director compensation program described under “Director Compensation” in the Company’s definitive proxy statement filed with the SEC on April 22, 2025. As part of such compensation, on March 9, 2026, Mr. Martinez received an initial award of 26,570 restricted stock units pursuant to the Company’s 2021 Equity Incentive Plan (the “Initial Award”). The Initial Award is scheduled to vest in three equal installments on each of the one-, two-, and three-year anniversaries of the Initial Award’s grant date, in each case subject to his continued service to the Company through the applicable vesting date.

 

There are no arrangements or understandings between Mr. Martinez and any other persons pursuant to which Mr. Martinez was selected as a director of the Company. There are no relationships or related transactions between Mr. Martinez or any member of his immediate family and the Company that would be required to be reported under Item 404(a) of Regulation S-K.

 

Item 7.01. Regulation FD Disclosure.

Press Release

On March 11, 2026, the Company issued a press release announcing the appointment of Mr. Martinez to the Board. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

 

The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibits

Description

99.1

News release of Spire Global, Inc., dated March 11, 2026

104

Cover Page Interactive Data File (embedded within the Inline XBRL document).

 


 

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 thereunto duly authorized.


SPIRE GLOBAL, INC.

Date:

March 11, 2026

By:

  /s/ Theresa Condor

Name:

Title:

Theresa Condor

President and Chief Executive Officer

 


Exhibit 99.1

John Martinez appointed to Spire Global’s Board of Directors

 

VIENNA, VA, March 11, 2026Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of satellite data, analytics and intelligence, today announced John Martinez has been appointed to Spire’s board of directors, effective March 9th, 2026.

 

Mr. Martinez currently serves as the Chief Legal Officer at Parsons Corporation (NYSE: PSN), a leading disruptive technology provider in the national security and global infrastructure markets with more than 21,000 employees around the world. Prior to Parsons, he was the Chief Legal Officer at Maximus (NYSE: MMS).

 

“I’m thrilled to welcome John to our board,” said Theresa Condor, Spire Global’s CEO. “He brings more than two decades of the deep government and commercial expertise across national defense, security, and intelligence markets needed as we accelerate our growth across these markets and reinforce Spire’s position as a trust provider of sovereign, space-based data.”

 

“Spire is at the forefront of a fundamental shift in how governments and organizations leverage space-based intelligence for security and resilience,” said Mr. Martinez. “Having spent my career at the intersection of aerospace, defense, and the intelligence community, I recognize the unique value Spire’s data and intelligence bring to these markets. I am honored to join the board and help guide the Company as it scales its ‘sovereign-ready’ solutions for U.S. and allied partners.”

 

Mr. Martinez has also held senior executive roles at the Office of the Director of National Intelligence (ODNI) and within the U.S. intelligence community. He holds a Bachelor of Arts in political science from Penn State University and a J.D. from St. John’s University School of Law.

 

Learn more about Spire Global’s Board of Directors.

 

About Spire Global, Inc.

Spire (NYSE: SPIR) is a global provider of space-based data, analytics and space services, offering unique datasets and powerful insights about Earth so that organizations can make decisions with confidence in a rapidly changing world. Spire builds, owns, and operates a fully deployed satellite constellation that observes the Earth in real time using radio frequency technology. The data acquired by Spire’s satellites provides global weather intelligence, ship and plane movements, and spoofing and jamming detection to better predict how their patterns impact economies, global security, business operations and the environment. Spire also offers Space as a Service solutions that empower customers to leverage its established infrastructure to put their business in space. Spire has nine offices across the U.S., Canada, UK, Luxembourg, Germany and Singapore. To learn more, visit spire.com.

 

Forward Looking Statements

This press release contains forward-looking statements, including information regarding management's view of Spire’s future expectations, plans and prospects, including our views regarding future execution within our business, and the opportunity we see in our industry, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors which may cause the results of Spire to be materially different than those expressed or implied in such statements. Certain of these risk factors and others are included in documents Spire files with the Securities and Exchange Commission, including but not limited to, Spire’s Annual Report on

 


 

Form 10-K/A for the year ended December 31, 2024, as well as subsequent reports filed with the Securities and Exchange Commission. Other unknown or unpredictable factors also could have material adverse effects on Spire’s future results. The forward-looking statements included in this press release are made only as of the date hereof. Spire cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Spire expressly disclaims any intent or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

 

Contacts

 

For Media:

Sarah Freeman

Senior Communications Manager

Sarah.Freeman@spire.com

 

For Investors:

Benjamin Hackman

Head of Investor Relations

Benjamin.Hackman@spire.com

 

 

 

 

 

 


FAQ

What did Spire Global (SPIR) announce in this Form 8-K?

Spire Global announced it expanded its Board from seven to eight members and appointed John Martinez as an independent Class III director. He will serve until the 2027 annual meeting and has been added to the Board’s Compensation Committee, reinforcing governance and oversight capabilities.

Who is John Martinez, the new director at Spire Global (SPIR)?

John Martinez is Chief Legal Officer at Parsons Corporation and previously held the same role at Maximus. He has senior executive experience at the Office of the Director of National Intelligence and within the U.S. intelligence community, bringing deep government, defense, security and intelligence market expertise to Spire’s Board.

What equity compensation will John Martinez receive from Spire Global (SPIR)?

John Martinez received an initial award of 26,570 restricted stock units under Spire’s 2021 Equity Incentive Plan. These RSUs vest in three equal installments on the first, second, and third anniversaries of the March 9, 2026 grant date, subject to his continued service on the Board.

Is John Martinez considered an independent director at Spire Global (SPIR)?

Yes. Spire’s Board determined that John Martinez qualifies as an independent director under New York Stock Exchange listing standards and U.S. Securities and Exchange Commission rules. The filing also notes there are no related-party relationships requiring disclosure under Item 404(a) of Regulation S-K.

Which Board committee will John Martinez serve on at Spire Global (SPIR)?

John Martinez has been appointed to Spire Global’s Compensation Committee. This committee oversees executive and director compensation programs. His background in legal, government and intelligence sectors may support the committee’s work on incentive structures aligned with Spire’s strategic focus on national security and space-based intelligence markets.

Did Spire Global (SPIR) issue a press release about John Martinez’s appointment?

Yes. Spire issued a press release dated March 11, 2026 announcing John Martinez’s appointment to the Board. The release, furnished as Exhibit 99.1, highlights his experience in national security, defense and intelligence, and includes comments from both CEO Theresa Condor and Martinez about Spire’s growth opportunities.

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