Spire Global (SPIR) director reports 1,516-share, $27,875 stock compensation grant
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, Inc. director William Porteous reported on 1 July 2026 an award of 1,516 shares of Class A Common Stock, representing fully vested restricted stock units in lieu of $27,875 of cash compensation, bringing his direct holdings to 129,019 shares. The filing also reports indirect positions of 248,071 shares held by RRE Leaders Fund, L.P. and 596,181 shares held by RRE Ventures V, L.P., over which their respective general partners have sole voting and dispositive power; Mr. Porteous disclaims beneficial ownership of these securities except for any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Porteous William
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 1,516 | $18.38 | $28K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 129,019 shares (Direct);
Class A Common Stock — 596,181 shares (Indirect, By: RRE Ventures V, L.P)
Footnotes (1)
- Represents restricted stock units in lieu of cash compensation of $27,875, which are fully vested. 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
Shares awarded: 1,516 shares
Award price per share: $18.38 per share
Cash compensation replaced: $27,875
+3 more
6 metrics
Shares awarded
1,516 shares
Grant/award acquisition of Class A Common Stock on 2026-07-01
Award price per share
$18.38 per share
Reported transaction price for the 1,516-share award
Cash compensation replaced
$27,875
Restricted stock units granted in lieu of cash compensation, fully vested
Direct holdings after award
129,019 shares
Total Class A Common Stock directly owned by William Porteous following the transaction
Indirect holdings via RRE Leaders Fund
248,071 shares
Class A Common Stock held by RRE Leaders Fund, L.P., reported as indirect
Indirect holdings via RRE Ventures V
596,181 shares
Class A Common Stock held by RRE Ventures V, L.P., reported as indirect
Key Terms
restricted stock units, dispositive power, pecuniary interest, indirect ownership, +1 more
5 terms
restricted stock units financial
"Represents restricted stock units in lieu of cash compensation of $27,875, which are fully vested"
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.
dispositive power financial
"has sole voting and dispositive power with respect to the shares held by RRE Ventures V, L.P."
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
pecuniary interest financial
"Mr. Porteous disclaims beneficial ownership of the reported securities, except to the extent of any pecuniary interest therein"
indirect ownership financial
"total_shares_following_transaction 248071.0000 ... ownership_type indirect"
Class A Common Stock financial
"security_title Class A Common Stock ... transaction_shares 1516.0000"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Spire Global (SPIR) director William Porteous receive on July 1, 2026?
William Porteous received an award of 1,516 shares of Class A Common Stock, representing fully vested restricted stock units in lieu of $27,875 of cash compensation. This equity-based payment is reported as a grant or other acquisition on that date.
What was the value of the stock-based compensation reported by SPIR for William Porteous?
The award represents restricted stock units granted in lieu of $27,875 of cash compensation and is fully vested. These units correspond to 1,516 shares of Class A Common Stock at a reported price of $18.38 per share in the Form 4 table.
What indirect holdings in Spire Global (SPIR) are associated with RRE funds?
The filing lists 248,071 shares held by RRE Leaders Fund, L.P. and 596,181 shares held by RRE Ventures V, L.P., both reported as indirectly associated with William Porteous. Their respective general partners hold sole voting and dispositive power over these shares.
Was the reported SPIR director award made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, and there is no footnote stating the transaction was made under a trading plan. The award is characterized simply as a grant or other acquisition of stock-based compensation.