STOCK TITAN

Spire Global (SPIR) CEO logs small 1,200-share tax sale, retains large stake

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Spire Global, Inc. director and CEO Theresa Condor reported a small open-market sale of Class A Common Stock. On April 20, 2026, she sold 1,200 shares at $18.31 per share and held 988,314 shares directly afterward.

Footnotes state the sale was made to cover taxes tied to restricted stock unit settlement under an automatic sale-to-cover instruction intended to satisfy Rule 10b5-1(c) conditions. A separate entry reflects 1,485,752 shares held indirectly by her spouse, with shared beneficial ownership as husband and wife.

Positive

  • None.

Negative

  • None.

Insights

CEO’s 1,200-share sale is a small, pre-arranged tax sale under equity compensation.

The filing shows Theresa Condor, CEO of Spire Global, Inc., sold 1,200 shares of Class A Common Stock at $18.31 on April 20, 2026, leaving 988,314 shares in her direct account. This is a very small fraction of her reported direct holdings.

A footnote explains the trade was to cover taxes from restricted stock unit settlement, executed via an automatic sale-to-cover instruction under an award agreement intended to meet Rule 10b5-1(c) conditions. That framing makes the transaction look routine and compensation-driven rather than a discretionary change in exposure.

The filing also notes 1,485,752 shares held indirectly by her spouse, with the couple sharing beneficial ownership. Combined with the large remaining direct stake and no derivative positions listed, the data points to continued substantial alignment with shareholders, while the sale itself appears to be a mechanistic tax event.

Insider Condor Theresa
Role Chief Executive Officer
Sold 1,200 shs ($22K)
Type Security Shares Price Value
Sale Class A Common Stock 1,200 $18.31 $22K
holding Class A Common Stock -- -- --
Holdings After Transaction: Class A Common Stock — 988,314 shares (Direct, null); Class A Common Stock — 1,485,752 shares (Indirect, By Spouse)
Footnotes (1)
  1. The shares were sold to cover taxes associated with the settlement of restricted 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. Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other.
Shares sold 1,200 shares Open-market sale on April 20, 2026
Sale price $18.31 per share Price for 1,200 shares sold
Direct holdings after sale 988,314 shares Class A Common Stock directly owned post-transaction
Indirect spouse holdings 1,485,752 shares Class A Common Stock held by spouse with shared beneficial ownership
Net buy/sell direction -1,200 shares Net-sell across reported transactions
restricted stock units financial
"taxes associated with the settlement of restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
sale-to-cover financial
"pursuant to an automatic sale-to-cover instruction in the applicable award agreement"
Rule 10b5-1(c) regulatory
"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.
beneficial ownership financial
"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.
SEC Form 4
FORM 4UNITED 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).
X
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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
Chief Executive Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Class A Common Stock04/20/2026S1,200(1)D$18.31988,314D
Class A Common Stock1,485,752IBy Spouse(2)
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The shares were sold to cover taxes associated with the settlement of restricted 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. 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 Condor04/22/2026
** Signature of Reporting PersonDate
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)

FAQ

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

Theresa Condor reported selling 1,200 shares of Spire Global Class A Common Stock at $18.31 on April 20, 2026. The filing shows this as an open-market sale with 988,314 shares remaining in her direct holdings after the transaction.

Why did Theresa Condor’s Form 4 sale in SPIR shares occur?

The 1,200-share sale was made to cover taxes from the settlement of restricted stock units. A footnote explains it followed an automatic sale-to-cover instruction in the award agreement, intended to satisfy Rule 10b5-1(c) conditions for pre-arranged trading.

How many Spire Global (SPIR) shares does Theresa Condor hold after the reported sale?

After selling 1,200 shares, Theresa Condor directly holds 988,314 shares of Spire Global Class A Common Stock. The filing also reports 1,485,752 shares held indirectly by her spouse, with shared beneficial ownership as husband and wife.

Is Theresa Condor’s SPIR stock sale part of a Rule 10b5-1 plan?

Yes. A footnote states the tax-related sale followed an automatic sale-to-cover instruction in an award agreement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). This indicates the transaction was pre-arranged rather than an opportunistic trade.

What indirect Spire Global (SPIR) holdings are associated with Theresa Condor?

The Form 4 lists 1,485,752 Spire Global Class A Common Stock shares as indirectly owned "By Spouse." Another footnote explains Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of securities held by each other.