Spire Global (SPIR) director reports 3,249-share RSU grant and updated holdings
Rhea-AI Filing Summary
Spire Global director William D. Porteous reported receiving 3,249 shares of Class A common stock on 01/02/2026. These shares are restricted stock units granted in lieu of cash compensation of $25,375 and are described as fully vested. The units were valued at a price of $7.81 per share for reporting purposes.
After this transaction, Mr. Porteous is shown as beneficially owning 118,346 Class A shares directly. In addition, the filing reports 596,181 shares held indirectly through RRE Ventures V, L.P. and 248,071 shares held indirectly through RRE Leaders Fund, L.P., for which affiliated general partner entities are stated to have sole voting and dispositive power. Mr. Porteous disclaims beneficial ownership of the securities held by these funds except to the extent of any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 3,249 | $7.81 | $25K |
| holding | Class A Common Stock | -- | -- | -- |
| holding | Class A Common Stock | -- | -- | -- |
Footnotes (1)
- Represents restricted stock units in lieu of cash compensation of $25,375, 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.
FAQ
What insider transaction did Spire Global (SPIR) disclose in this Form 4?
The filing shows director William D. Porteous acquired 3,249 shares of Spire Global Class A common stock on 01/02/2026 as restricted stock units granted in lieu of cash compensation of $25,375, fully vested at the time of grant.
What indirect holdings in Spire Global (SPIR) are reported for William D. Porteous?
The filing reports 596,181 Class A shares held indirectly through RRE Ventures V, L.P. and 248,071 Class A shares held indirectly through RRE Leaders Fund, L.P., with affiliated general partners having sole voting and dispositive power.
What is the nature of the equity award reported for Spire Global (SPIR) in this document?
The equity award consists of restricted stock units granted to a director in lieu of $25,375 of cash compensation, and the units are described as fully vested as of the grant date.