Were Peter Platzer’s Spire Global (SPIR) share sales under a Rule 10b5-1 plan?

The filing states the tax-cover sales followed automatic sale-to-cover instructions in award agreements. Those agreements were intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), indicating a pre-established trading framework for these transactions.

Spire Global (SPIR) chair sells shares under automatic tax-cover instructions

Filing Impact

(Moderate)

Filing Sentiment

(Negative)

Form Type

Rhea-AI Filing Summary

Spire Global, Inc. Executive Chairman Peter Platzer reported tax-related sales of Class A Common Stock. On May 20, 2026, he sold a total of 7,184 shares in two open-market transactions at $19.08 and $19.07 per share to cover taxes from the settlement of stock units. The sales were executed under automatic sale-to-cover instructions in award agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c), dated April 14, 2023 and May 28, 2025. Following these sales, Platzer holds 1,483,867 shares directly and 963,670 shares indirectly through his spouse, with the couple sharing beneficial ownership of each other’s holdings.

Insider Trade Summary 10b5-1

Net Seller: 7,184 shares ($137,052)

Net Sell 3 txns

Insider Platzer Peter

Role Executive Chairman

Sold 7,184 shs ($137K)

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	1,885	$19.07	$36K
Sale	Class A Common Stock	5,299	$19.08	$101K
holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 1,483,867 shares (Direct, null); Class A Common Stock — 963,670 shares (Indirect, By spouse)

Footnotes (1)

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 May 28, 2025. 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 April 14, 2023. Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other.

Key Figures

Shares sold (lot 1): 5,299 shares at $19.08 Shares sold (lot 2): 1,885 shares at $19.07 Total shares sold: 7,184 shares +2 more

5 metrics

Shares sold (lot 1) 5,299 shares at $19.08 Class A Common Stock sale on May 20, 2026

Shares sold (lot 2) 1,885 shares at $19.07 Class A Common Stock sale on May 20, 2026

Total shares sold 7,184 shares Net sales reported in transaction summary

Direct holdings after sale 1,483,867 shares Class A Common Stock held directly after transactions

Indirect holdings by spouse 963,670 shares Class A Common Stock held indirectly through spouse

Key Terms

automatic sale-to-cover instruction, Rule 10b5-1(c), beneficial ownership

3 terms

automatic sale-to-cover instruction financial

"The shares were sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction"

Rule 10b5-1(c) regulatory

"which award agreement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) was dated May 28, 2025"

Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.

beneficial ownership financial

"share beneficial ownership of the securities held by each other"

Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 07:39 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Platzer Peter

(Last)

(First)

(Middle)

8000 TOWERS CRESCENT DRIVE

SUITE 1100

(Street)

VIENNA

VIRGINIA

22182

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Spire Global, Inc. [ SPIR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
X	Officer (give title below)	Other (specify below)
	Executive Chairman

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Class A Common Stock	05/20/2026		S		1,885⁽¹⁾	D	$19.07	1,483,867	D
Class A Common Stock	05/20/2026		S		5,299⁽²⁾	D	$19.08	1,478,568	D
Class A Common Stock								963,670	I	By spouse⁽³⁾

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. 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 May 28, 2025.

2. 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 April 14, 2023.

3. Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other.

	/s/ Griffin D. Foster, by Power of Attorney for Peter Plazter	05/22/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did Spire Global (SPIR) report for May 20, 2026?

Spire Global reported that Executive Chairman Peter Platzer sold 7,184 Class A shares on May 20, 2026. The sales occurred in two open-market trades at $19.08 and $19.07 per share, solely to cover taxes from stock unit settlements.

Why did Peter Platzer sell Spire Global (SPIR) shares in this Form 4 filing?

Platzer sold shares to cover taxes tied to the settlement of stock units. The transactions followed automatic sale-to-cover instructions in award agreements designed to meet Rule 10b5-1(c) affirmative defense conditions, indicating they were pre-arranged rather than discretionary market-timing trades.

How many Spire Global (SPIR) shares did Peter Platzer sell and at what prices?

Platzer sold a total of 7,184 Class A shares. One trade covered 5,299 shares at $19.08 per share, and the other covered 1,885 shares at $19.07 per share, both described as open-market or private sale transactions.

What are Peter Platzer’s Spire Global (SPIR) holdings after these transactions?

After the reported sales, Platzer holds 1,483,867 Class A shares directly. He is also reported to beneficially own 963,670 additional shares indirectly through his spouse, with the couple sharing beneficial ownership of each other’s securities.

How is Platzer’s indirect ownership in Spire Global (SPIR) described?

The filing notes 963,670 Class A shares held indirectly through his spouse. It states that Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other, reflecting combined economic exposure.