Spire Global chair sells 58,428 shares for taxes
Spire Global Executive Chairman Peter Platzer reported an open-market sale of 58,428 shares of Class A common stock at $8.53 per share on February 20, 2026.
Rhea-AI Filing Summary
Spire Global Executive Chairman Peter Platzer reported an open-market sale of 58,428 shares of Class A common stock at $8.53 per share on February 20, 2026. The shares were sold to cover taxes tied to stock unit settlements under automatic sale-to-cover instructions in award agreements intended to satisfy Rule 10b5-1(c). After the sale, Platzer directly held 1,693,603 shares and indirectly held 1,116,581 shares through his spouse, with shared beneficial ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 58,428 | $8.53 | $498K |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (2)
- 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 agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) were dated April 19, 2022, April 14, 2023, February 27, 2024, October 17, 2024 and May 28, 2025.
- F2. Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other.
FAQ
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What insider transaction did Spire Global (SPIR) report for Peter Platzer?
Was Peter Platzer’s Spire Global (SPIR) stock sale under a Rule 10b5-1 plan?
How is Peter Platzer’s indirect ownership in Spire Global (SPIR) described?
AI-generated analysis. How Rhea-AI works. Not financial advice.