Spire Global (SPIR) COO sells shares in tax-cover transaction
Rhea-AI Filing Summary
Spire Global, Inc. (SPIR) reported that Chief Operating Officer Celia Pelez Perez sold 4,484 shares of Class A Common Stock on August 20, 2026 at $14.09 per share. According to the filing, the sale was to cover taxes upon settlement of stock units under an automatic sale-to-cover instruction pursuant to an award agreement intended to satisfy Rule 10b5-1(c). Following the transaction, she beneficially held 258,632 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 4,484 shares
Net Sell
1 txn
Insider
Pelez Perez Celia
Role
Chief Operating Officer
Sold
4,484 shs ($63K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock F1 | 4,484 | $14.09 | $63K |
Holdings After Transaction:
Class A Common Stock — 258,632 shares (Direct)
Footnotes (1)
- F1. 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 January 6, 2025.
Key Figures
Shares sold: 4,484 shares of Class A Common Stock
Sale price per share: $14.09 per share
Shares held after transaction: 258,632 shares
+1 more
4 metrics
Shares sold
4,484 shares of Class A Common Stock
Non-derivative sale on August 20, 2026
Sale price per share
$14.09 per share
Price for the 4,484 shares sold on August 20, 2026
Shares held after transaction
258,632 shares
Direct beneficial ownership following the sale
Rule 10b5-1(c) plan date
January 6, 2025
Date of award agreement intended to satisfy Rule 10b5-1(c) conditions
Key Terms
automatic sale-to-cover instruction, stock units, Rule 10b5-1(c)
3 terms
automatic sale-to-cover instruction financial
"The shares were sold to cover taxes associated with the settlement of stock units"
stock units financial
"taxes associated with the settlement of stock units, pursuant to an automatic"
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.
Rule 10b5-1(c) regulatory
"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.
FAQ
What insider transaction did SPIR report for Celia Pelez Perez on this Form 4?
The report states that Chief Operating Officer Celia Pelez Perez sold 4,484 shares of Spire Global, Inc. Class A Common Stock on August 20, 2026 in a transaction coded as a sale of non-derivative securities.
Was the SPIR insider sale by Celia Pelez Perez under a Rule 10b5-1 trading plan?
Yes. The filing indicates the sale was pursuant to an automatic sale-to-cover instruction in an award agreement that was intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), dated January 6, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.