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.
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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 price per share was used for the reported Spire Global (SPIR) stock grant?
The restricted stock unit grant to William D. Porteous was reported at a price of $7.81 per share for Spire Global Class A common stock.
How many Spire Global (SPIR) shares does William D. Porteous beneficially own directly after this transaction?
Following the reported transaction, William D. Porteous is listed as directly beneficially owning 118,346 shares of Spire Global Class A common stock.
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.
Does William D. Porteous claim full beneficial ownership of the Spire Global (SPIR) shares held by RRE funds?
No. The filing states that Mr. Porteous disclaims beneficial ownership of the securities reported as held by RRE Ventures V, L.P. and RRE Leaders Fund, L.P., except to the extent of any pecuniary interest in those securities.
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.