Spire Global director granted 9,062 stock options
Spire Global director Dirk Hoke received a grant of stock options covering 9,062 shares of Class A Common Stock.
Rhea-AI Filing Summary
Spire Global director Dirk Hoke received a grant of stock options covering 9,062 shares of Class A Common Stock. The options have an exercise price of $24.10 per share, expire on May 28, 2036, and represent a compensation-related award rather than an open-market purchase.
According to the terms, all 9,062 options vest on the earlier of the one-year anniversary of the May 28, 2026 grant date or the first annual stockholders’ meeting following that date, so long as Hoke continues serving the company through the vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 9,062 shares
Grant/Award
1 txn
Insider
Hoke Dirk
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (right to buy) | 9,062 | $0.00 | $0.00 |
Holdings After Transaction:
Stock Option (right to buy) — 9,062 contracts (Direct)
Footnotes (1)
- F1. Shares subject to the option vest in full on the earlier of (i) the one-year anniversary of the grant date, or (ii) the date of the first annual meeting of stockholders following the grant date, subject to the Reporting Person's continued service through such vesting date.
Key Figures
Options granted: 9,062 options
Exercise price: $24.10 per share
Expiration date: May 28, 2036
+1 more
4 metrics
Options granted
9,062 options
Stock Option (right to buy) grant on May 28, 2026
Exercise price
$24.10 per share
Exercise price for Class A Common Stock underlying options
Expiration date
May 28, 2036
Option expiration for Dirk Hoke grant
Post-grant derivative holdings
9,062 options
Total stock options directly held after reported transaction
Key Terms
Stock Option (right to buy), exercise price, grant date, vesting, +1 more
5 terms
Stock Option (right to buy) financial
"security_title: "Stock Option (right to buy)""
exercise price financial
"conversion_or_exercise_price: "24.1000""
The exercise price is the fixed amount at which you can buy or sell an asset, like a stock, when using an options contract. It matters because it helps determine whether exercising the option will be profitable or not, depending on the current market price. Think of it as the set price you agree on today to buy or sell later.
grant date financial
"the one-year anniversary of the grant date"
The grant date is the day a company formally gives an employee or contractor the right to receive stock-based compensation, such as stock options or restricted shares. It matters to investors because it fixes key terms—like the price, the start of the ownership clock, and when the award will affect the company’s financial statements and share count—so it can influence dilution, reported expenses, and potential future selling pressure.
vesting financial
"Shares subject to the option vest in full on the earlier of"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
Class A Common Stock financial
"underlying_security_title: "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Spire Global (SPIR) director Dirk Hoke report on this Form 4?
Dirk Hoke reported receiving a grant of 9,062 stock options for Spire Global Class A Common Stock. These options are a compensation award, not a market purchase, and give him the right to buy shares at a fixed exercise price in the future.
What are the key terms of Dirk Hoke’s stock options at Spire Global (SPIR)?
The grant covers 9,062 options with an exercise price of $24.10 per share, expiring on May 28, 2036. All options relate to Class A Common Stock and were reported as directly owned following the transaction on the Form 4.
When do Dirk Hoke’s Spire Global (SPIR) stock options vest?
The options vest in full on the earlier of the one-year anniversary of the grant date or the first annual meeting of stockholders after that date. Vesting is contingent on his continued service with Spire Global through the applicable vesting date.
How many Spire Global (SPIR) stock options does Dirk Hoke hold after this grant?
After this reported transaction, Dirk Hoke holds 9,062 stock options directly, all tied to Spire Global Class A Common Stock. This reflects the full amount from the new grant, as indicated in the post-transaction holdings section of the Form 4.
AI-generated analysis. How Rhea-AI works. Not financial advice.
