Spire COO sells shares to cover tax obligations
Spire Global, Inc. Chief Operating Officer Celia Pelez Perez reported an open-market sale of 19,134 shares of Class A common stock at $8.53 per share.
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Rhea-AI Filing Summary
Spire Global, Inc. Chief Operating Officer Celia Pelez Perez reported an open-market sale of 19,134 shares of Class A common stock at $8.53 per share. After this transaction, she held 267,776 shares directly. According to the disclosure, the sale was made automatically to cover taxes due on the settlement of stock units, under a sale-to-cover instruction in an award agreement intended to satisfy Rule 10b5-1(c) affirmative defense conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 19,134 | $8.53 | $163K |
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.
FAQ
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What insider transaction did Spire Global (SPIR) report for its COO?
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