Spire CEO sells shares for RSU tax coverage
Spire Global, Inc. Chief Executive Officer Theresa Condor reported an open-market sale of 1,201 shares of Class A Common Stock at $12.86 per share.
Rhea-AI Filing Summary
Spire Global, Inc. Chief Executive Officer Theresa Condor reported an open-market sale of 1,201 shares of Class A Common Stock at $12.86 per share. The shares were sold to cover taxes tied to restricted stock unit settlement under an automatic sale-to-cover instruction pursuant to an award agreement intended to satisfy Rule 10b5-1(c). After the sale, she held 1,115,380 shares directly and 1,691,802 shares indirectly through her spouse, with shared beneficial ownership of each other’s holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 1,201 | $12.86 | $15K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- F1. 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.
- F2. Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other.
FAQ
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What insider transaction did SPIR CEO Theresa Condor report?
How is Theresa Condor’s indirect ownership in SPIR structured?
Does the Form 4 indicate large insider selling in SPIR stock?
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