Spire Global (SPIR) CEO sells 24,644 shares in tax-related trades

Q: Were Theresa Condor’s Spire Global (SPIR) share sales under a Rule 10b5-1 arrangement?

Yes. The filing states the tax-related sales followed automatic sale-to-cover instructions in award agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). This indicates the transactions were pre-arranged rather than discretionary market-timing decisions by the executive.

Filing Impact

(High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Spire Global, Inc. Chief Executive Officer Theresa Condor reported insider transactions in Class A Common Stock. On May 20, 2026, she sold a total of 24,644 shares in open-market transactions at prices of $19.08 and $19.07 per share.

The footnotes state these shares were sold to cover taxes associated with the settlement of stock units under automatic sale-to-cover instructions in award agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). She also has indirect ownership of 1,478,568 shares of Class A Common Stock held by her spouse, with beneficial ownership shared between them as husband and wife.

Insider Trade Summary 10b5-1

Net Seller: 24,644 shares ($470,012)

Net Sell 3 txns

Insider Condor Theresa

Role Chief Executive Officer

Sold 24,644 shs ($470K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	19,596	$19.07	$374K
Sale	Class A Common Stock	5,048	$19.08	$96K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 968,718 shares (Direct, null); Class A Common Stock — 1,478,568 shares (Indirect, By Spouse)

Footnotes (1)

The shares were sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction in the applicable award agreement, which award agreement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) was dated May 28, 2025. The shares were sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction in the applicable award agreement, which award agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) were dated April 14, 2023 and May 28, 2025. Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other.

Key Figures

Shares sold: 24,644 shares Sale price 1: $19.08/share Sale price 2: $19.07/share +2 more

5 metrics

Shares sold 24,644 shares Total Class A Common Stock sold on May 20, 2026

Sale price 1 $19.08/share Open-market sale price for 5,048 shares on May 20, 2026

Sale price 2 $19.07/share Open-market sale price for 19,596 shares on May 20, 2026

Indirect holdings 1,478,568 shares Class A Common Stock held by spouse, shared beneficial ownership

Transaction count 2 sales Non-derivative open-market sales reported in this Form 4

Key Terms

automatic sale-to-cover, Rule 10b5-1(c), stock units, beneficial ownership

4 terms

automatic sale-to-cover financial

"The shares were sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction..."

Rule 10b5-1(c) regulatory

"award agreement, which award agreement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c)..."

Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.

stock units financial

"sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction..."

Stock units are individual pieces of ownership in a company, like slices of a pie that together make up the whole business. They matter to investors because each unit represents a claim on the company’s assets, profits and sometimes voting power, and changes in the number or value of these units affect ownership percentages, potential dividends and share dilution — all of which influence an investment’s worth.

beneficial ownership financial

"Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other."

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 07:39 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Condor Theresa

(Last)

(First)

(Middle)

8000 TOWERS CRESCENT DRIVE

SUITE 1100

(Street)

VIENNA

VIRGINIA

22182

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Spire Global, Inc. [ SPIR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Chief Executive Officer

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/20/2026		S		19,596⁽¹⁾	D	$19.07	968,718	D
Class A Common Stock	05/20/2026		S		5,048⁽²⁾	D	$19.08	963,670	D
Class A Common Stock								1,478,568	I	By Spouse⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. The shares were sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction in the applicable award agreement, which award agreement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) was dated May 28, 2025.

2. The shares were sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction in the applicable award agreement, which award agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) were dated April 14, 2023 and May 28, 2025.

3. Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other.

	/s/ Griffin D. Foster, by Power of Attorney for Theresa Condor	05/20/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Spire Global (SPIR) report for CEO Theresa Condor?

Spire Global reported that CEO Theresa Condor sold 24,644 shares of Class A Common Stock on May 20, 2026. The shares were sold in open-market transactions at around $19.07–$19.08 per share, primarily to cover tax obligations from stock unit settlements.

At what prices did Theresa Condor’s Spire Global (SPIR) shares sell?

Theresa Condor’s reported sales occurred at prices of $19.08 and $19.07 per share. These open-market transactions were executed on May 20, 2026, and were described as automatic sale-to-cover instructions associated with the settlement of stock unit awards for tax purposes.

How many Spire Global (SPIR) shares did Theresa Condor sell to cover taxes?

Theresa Condor sold a total of 24,644 shares of Spire Global Class A Common Stock. Footnotes explain that these sales were specifically to cover taxes owed on the settlement of stock units, executed under automatic sale-to-cover provisions in her equity award agreements.

What indirect Spire Global (SPIR) holdings are attributed to Theresa Condor?

The filing shows indirect ownership of 1,478,568 shares of Spire Global Class A Common Stock through her spouse. A footnote explains that Theresa Condor and her husband, Peter Platzer, share beneficial ownership of the securities held by each other as husband and wife.