Director at Spire Global (SPIR) receives 7,261 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Porteous William reported acquisition or exercise transactions in this Form 4 filing.
Spire Global director William Porteous received a grant of 7,261 restricted stock units of Class A Common Stock. The award carries no cash purchase price and is compensation rather than a market trade. These units vest in full on the earlier of the one-year anniversary of the grant date or the first annual stockholders’ meeting, subject to his continued service.
Following this grant, Porteous holds 127,503 Class A shares directly. Additional indirect holdings are reported through RRE Leaders Fund, L.P. with 248,071 shares and RRE Ventures V, L.P. with 596,181 shares, where affiliated general partners have sole voting and dispositive power and he disclaims beneficial ownership except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Porteous William
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,261 | $0.00 | -- |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 127,503 shares (Direct, null);
Class A Common Stock — 596,181 shares (Indirect, By: RRE Ventures V, L.P)
Footnotes (1)
- The reported securities represent restricted stock units, which will 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. RRE Ventures GP V, LLC is the general partner of RRE Ventures V, L.P., and its managing members and officers are James D. Robinson IV, Stuart J. Ellman, and William D. Porteous, and RRE Ventures GP V, LLC has sole voting and dispositive power with respect to the shares held by RRE Ventures V, L.P. RRE Leaders GP, LLC is the general partner of RRE Leaders Fund, LP and its managing members and officers are James D. Robinson IV, Stuart J. Ellman, and William D. Porteous, and RRE Leaders GP, LLC has sole voting and dispositive power with respect to the shares held by RRE Leaders Fund, LP. Mr. Porteous disclaims beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein.
Key Figures
RSU grant size: 7,261 units
Grant price: $0.0000 per share
Direct holdings after grant: 127,503 shares
+3 more
6 metrics
RSU grant size
7,261 units
Restricted stock units granted to director on 2026-05-28
Grant price
$0.0000 per share
Stated price for RSU award
Direct holdings after grant
127,503 shares
Class A Common Stock held directly by Porteous
RRE Leaders Fund holdings
248,071 shares
Indirect Class A holdings via RRE Leaders Fund, L.P.
RRE Ventures V holdings
596,181 shares
Indirect Class A holdings via RRE Ventures V, L.P.
Acquire transactions
1 transaction
Form 4 transaction summary for acquisition-type entries
Key Terms
restricted stock units, voting and dispositive power, pecuniary interest, Class A Common Stock
4 terms
restricted stock units financial
"The reported securities represent restricted stock units, which will vest in full on the earlier..."
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.
voting and dispositive power financial
"RRE Ventures GP V, LLC has sole voting and dispositive power with respect to the shares..."
pecuniary interest financial
"Mr. Porteous disclaims beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein."
Class A Common Stock financial
"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
What insider transaction did William Porteous report at Spire Global (SPIR)?
William Porteous reported receiving 7,261 restricted stock units of Spire Global Class A Common Stock as a compensation grant. The units have a zero purchase price, reflecting an equity award rather than an open-market trade, and increase his direct share-based holdings.
When do William Porteous’s new Spire Global restricted stock units vest?
The 7,261 restricted stock units vest in full on the earlier of the one-year anniversary of the grant date or the first annual stockholders’ meeting after the grant. Vesting is conditioned on Porteous continuing to serve through the applicable vesting date.
What indirect Spire Global holdings are associated with William Porteous?
The filing lists 248,071 shares held by RRE Leaders Fund, L.P. and 596,181 shares held by RRE Ventures V, L.P. Related general partners have sole voting and dispositive power, and Porteous disclaims beneficial ownership except for any pecuniary interest in these investment funds.
Is William Porteous’s Spire Global equity grant a market purchase or sale?
The reported 7,261-unit award is a grant of restricted stock units at a stated price of zero dollars per share. It is compensation, not a market purchase or sale, so it does not directly indicate open-market buying or selling activity by Porteous.