Were the SPIR CEO’s share sales discretionary or related to RSU tax obligations?

The filing states the shares were sold to cover taxes associated with restricted stock unit settlements. Sales followed automatic sale-to-cover instructions embedded in RSU award agreements that were structured to meet Rule 10b5-1(c) affirmative defense conditions.

How does Rule 10b5-1(c) relate to the SPIR CEO’s reported share sales?

The award agreements referenced in the filing were intended to satisfy Rule 10b5-1(c) affirmative defense conditions. This means the tax-covering sales were pre-arranged under written trading instructions, helping demonstrate they were scheduled rather than opportunistic market-timing decisions.

Spire Global (NYSE: SPIR) CEO logs tax-driven Rule 10b5-1 share sales

Filing Impact

(Very High)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Spire Global, Inc. Chief Executive Officer Theresa Condor reported a series of open-market sales of Class A Common Stock that in total reduced her direct holdings while largely serving to cover taxes on vested restricted stock units.

From May 2024 through January 2026, she sold an aggregate of 125,866 shares in multiple transactions, including 39,119 shares at $7.59 and 39,112 shares at $8.66 per share. Footnotes state these sales were executed under automatic sale-to-cover instructions in RSU award agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). After the most recent transaction, Condor holds 989,514 shares directly, and her spouse holds 1,487,552 shares indirectly, with the couple sharing beneficial ownership of each other’s holdings.

Insider Trade Summary 10b5-1

Net Seller: 125,866 shares ($1,126,488)

Net Sell 11 txns

Insider Condor Theresa

Role Chief Executive Officer

Sold 125,866 shs ($1.13M)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	1,201	$12.10	$15K
Sale	Class A Common Stock	1,202	$8.24	$10K
Sale	Class A Common Stock	39,119	$7.59	$297K
Sale	Class A Common Stock	1,212	$12.02	$15K
Sale	Class A Common Stock	1,208	$10.42	$13K
Sale	Class A Common Stock	39,112	$8.66	$339K
Sale	Class A Common Stock	1,201	$12.45	$15K
Sale	Class A Common Stock	1,204	$9.92	$12K
Sale	Class A Common Stock	21,933	$11.44	$251K
Sale	Class A Common Stock	18,474	$8.74	$161K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 989,514 shares (Direct); Class A Common Stock — 1,487,552 shares (Indirect, By Spouse)

Footnotes (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 agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) were dated February 4, 2022, April 14, 2023 and March 7, 2024. 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. 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 agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) were dated February 4, 2022, April 14, 2023, March 7, 2024, 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

Total shares sold: 125,866 shares Largest single sale: 39,119 shares at $7.59 Second large sale: 39,112 shares at $8.66 +3 more

6 metrics

Total shares sold 125,866 shares Aggregate open-market sales from May 2024 to January 2026

Largest single sale 39,119 shares at $7.59 Open-market sale of Class A Common Stock on 2025-11-21

Second large sale 39,112 shares at $8.66 Open-market sale of Class A Common Stock on 2025-08-21

Recent small sale 1,201 shares at $12.10 Open-market sale of Class A Common Stock on 2026-01-21

Direct holdings after latest sale 989,514 shares Class A Common Stock directly owned following 2026-01-21 transaction

Indirect spouse holdings 1,487,552 shares Class A Common Stock held indirectly by spouse as of 2024-05-20

Key Terms

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

4 terms

restricted stock units financial

"The shares were sold to cover 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.

automatic sale-to-cover instruction financial

"pursuant to an automatic sale-to-cover instruction in the applicable award agreement"

Rule 10b5-1(c) regulatory

"award agreements 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.

Form 4 Insider Transactions: What Each Field Means →

04/10/2026 - 07:33 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)
05/20/2024

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	05/20/2024		S		18,474⁽¹⁾	D	$8.74	1,096,906	D
Class A Common Stock	05/22/2025		S		21,933⁽¹⁾	D	$11.44	1,074,973	D
Class A Common Stock	06/25/2025		S		1,204⁽²⁾	D	$9.92	1,073,769	D
Class A Common Stock	07/21/2025		S		1,201⁽²⁾	D	$12.45	1,072,568	D
Class A Common Stock	08/21/2025		S		39,112⁽³⁾	D	$8.66	1,033,456	D
Class A Common Stock	09/22/2025		S		1,208⁽²⁾	D	$10.42	1,032,248	D
Class A Common Stock	10/21/2025		S		1,212⁽²⁾	D	$12.02	1,031,036	D
Class A Common Stock	11/21/2025		S		39,119⁽³⁾	D	$7.59	991,917	D
Class A Common Stock	12/22/2025		S		1,202⁽²⁾	D	$8.24	990,715	D
Class A Common Stock	01/21/2026		S		1,201⁽²⁾	D	$12.1	989,514	D
Class A Common Stock								1,487,552	I	By Spouse⁽⁴⁾

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 restricted 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 February 4, 2022, April 14, 2023 and March 7, 2024.

2. 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.

3. 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 agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) were dated February 4, 2022, April 14, 2023, March 7, 2024, and May 28, 2025.

4. 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	04/10/2026
	** 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 transactions did SPIR CEO Theresa Condor report in this Form 4?

Theresa Condor reported multiple open-market sales of Spire Global Class A Common Stock between May 2024 and January 2026. These transactions cumulatively reduced her direct holdings and were primarily executed to cover tax obligations tied to restricted stock unit settlements.

How many Spire Global (SPIR) shares did the CEO sell and at what prices?

Across the reported period, the CEO sold an aggregate 125,866 Class A shares. Notable transactions include 39,119 shares at $7.59 per share and 39,112 shares at $8.66 per share, alongside several smaller sales around $8–$12 per share.

What is the CEO’s remaining ownership in Spire Global (SPIR) after these transactions?

Following the most recent reported sale, Theresa Condor directly holds 989,514 Class A shares. The filing also reports 1,487,552 Class A shares held indirectly by her spouse, with footnotes stating they share beneficial ownership of each other’s securities.

What role do automatic sale-to-cover instructions play in SPIR’s RSU settlements?

Automatic sale-to-cover instructions authorize selling a portion of vested RSU shares to pay withholding taxes. In this case, the filing explains multiple CEO share sales were triggered by such instructions embedded in RSU award agreements, rather than stand-alone discretionary sales for portfolio reasons.