Spire Global (SPIR) director receives 7,261 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Rinow Toni reported acquisition or exercise transactions in this Form 4 filing.
Spire Global director Toni Rinow received a grant of 7,261 Class A Common Stock restricted stock units. These RSUs were awarded at no cash cost per unit and are a form of equity compensation rather than an open‑market purchase.
The restricted stock units will vest in full on the earlier of the one-year anniversary of the grant date or the first annual meeting of stockholders following the grant date, as long as Rinow continues serving through that vesting date. After this grant, Rinow directly holds 28,778 shares of Class A Common Stock reported in this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rinow Toni
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 7,261 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 28,778 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
RSU grant: 7,261 units
Grant price: $0.00 per share
Post-transaction holdings: 28,778 shares
+2 more
5 metrics
RSU grant
7,261 units
Restricted stock units of Class A Common Stock granted to director Toni Rinow
Grant price
$0.00 per share
Equity award with no cash price per unit
Post-transaction holdings
28,778 shares
Class A Common Stock directly held by Toni Rinow after the grant
Vesting trigger 1
One-year anniversary
RSUs vest on the one-year anniversary of the grant date if service continues
Vesting trigger 2
First annual meeting
Alternatively vests on the first annual meeting of stockholders after grant date
Key Terms
restricted stock units, Class A Common Stock, annual meeting of stockholders, Grant, award, or other acquisition
4 terms
restricted stock units financial
"The reported securities represent restricted stock units, which will vest in full on the earlier of..."
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.
Class A Common Stock financial
"security_title": "Class A Common Stock""
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.
annual meeting of stockholders financial
"the date of the first annual meeting of stockholders following the grant date"
Grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""