Spire Global CEO exercises options for 21,941 shares
Spire Global, Inc. Chief Executive Officer Theresa Condor reported several compensation-related stock transactions involving Class A common stock.
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Rhea-AI Filing Summary
Spire Global, Inc. Chief Executive Officer Theresa Condor reported several compensation-related stock transactions involving Class A common stock. On June 12, 2026, she exercised stock options to acquire a total of 21,941 shares at exercise prices of $7.84 and $7.04 per share.
On the same date, 14,423 shares of Class A common stock were withheld by the company to cover exercise price and tax obligations, which is recorded as a tax-withholding disposition rather than an open-market sale. A separate entry shows 1,478,568 shares of Class A common stock held indirectly through her spouse, with beneficial ownership shared between them.
Insights
CEO option exercises with shares withheld for taxes; no open-market trades.
Theresa Condor, CEO of Spire Global, exercised stock options for 21,941 shares of Class A common stock at exercise prices of $7.84 and $7.04 on June 12, 2026. These are routine derivative exercises converting options into common shares.
The filing also records a Form 4 code F transaction where 14,423 shares were withheld to satisfy exercise price and tax obligations. This is not an open-market sale and does not reflect a discretionary decision to sell shares.
In addition, the filing notes 1,478,568 shares held indirectly through her spouse, with beneficial ownership shared between them. Overall, the activity appears as standard compensation and tax management rather than a directional bet on the stock, so the investment signal is limited.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) | 2,285 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) | 18,282 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) | 554 | $0.00 | $0.00 |
| Exercise | Stock Option (right to buy) | 820 | $0.00 | $0.00 |
| Exercise | Class A Common Stock | 2,285 | $7.04 | $16K |
| Exercise | Class A Common Stock | 18,282 | $7.04 | $129K |
| Exercise | Class A Common Stock | 554 | $7.84 | $4K |
| Exercise | Class A Common Stock | 820 | $7.84 | $6K |
| Exercise Price or Tax Liability | Class A Common Stock | 14,423 | $18.23 | $263K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (3)
- F1. Represents shares of Class A common stock withheld by the issuer to satisfy exercise price and tax withholding obligations in connection with the exercise of stock options.
- F2. Peter Platzer and Ms. Condor, as husband and wife, share beneficial ownership of the securities held by each other.
- F3. This option is fully vested and exercisable.
Key Figures
Key Terms
tax withholding financial
Stock Option (right to buy) financial
beneficial ownership financial
derivative security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Spire Global (SPIR) CEO Theresa Condor report in this Form 4?
What indirect ownership does the Spire Global CEO report in this Form 4?
What does the tax withholding entry mean in the Spire Global CEO’s Form 4?
Are there remaining stock options for the Spire Global CEO after these transactions?
AI-generated analysis. How Rhea-AI works. Not financial advice.