Spire Global (NYSE: SPIR) awards 150,000 restricted stock units to its CCO
Rhea-AI Filing Summary
Mellinger Eric M. reported acquisition or exercise transactions in this Form 4 filing.
Spire Global, Inc. reported that Chief Commercial Officer Eric M. Mellinger received a grant of 150,000 restricted stock units representing Class A Common Stock on August 3, 2026, at $0.00 per share. Following this award, his reported direct holdings from this grant are 150,000 units.
According to the award terms, 25% of the shares vests on August 20, 2027, with the remaining shares vesting in 1/16th installments on a quarterly basis beginning February 20, 2027, subject to his continued service through each vesting date.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 150,000 shares
Net Buy
1 txn
Insider
Mellinger Eric M.
Role
Chief Commercial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock F1 | 150,000 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 150,000 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units, which vest as follows: 25% of the total number of shares vests on August 20, 2027, and the remaining shares vest as to 1/16th installments on a quarterly basis, beginning on February 20, 2027, subject to the Reporting Person's continued service through each such vesting date.
Key Figures
RSU grant size: 150,000.0000 shares
Grant price per share: $0.0000
Holdings after grant: 150,000.0000 shares
+2 more
5 metrics
RSU grant size
150,000.0000 shares
Restricted stock units granted to Chief Commercial Officer on August 3, 2026
Grant price per share
$0.0000
Reported transaction price per share for the RSU award
Holdings after grant
150,000.0000 shares
Total direct holdings reported following this transaction
Initial vesting date
August 20, 2027
Date when 25% of the RSU award vests
Quarterly vesting start
February 20, 2027
Start date for 1/16th quarterly vesting installments of remaining RSUs
Key Terms
restricted stock units, vests, quarterly basis
3 terms
restricted stock units financial
"Represents restricted stock units, which vest as follows: 25% of the total"
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.
vests financial
"25% of the total number of shares vests on August 20, 2027"
quarterly basis financial
"remaining shares vest as to 1/16th installments on a quarterly basis"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Spire Global (SPIR) report for Eric M. Mellinger?
Spire Global reported that Chief Commercial Officer Eric M. Mellinger received a grant of 150,000 restricted stock units representing Class A Common Stock on August 3, 2026, at $0.00 per share, as part of his equity compensation package.
What is the vesting schedule for Eric M. Mellinger’s 150,000 RSUs at Spire Global (SPIR)?
The award vests with 25% of the shares on August 20, 2027, and the remaining shares vesting in 1/16th quarterly installments beginning February 20, 2027, conditioned on Mellinger’s continued service through each vesting date.
What are Eric M. Mellinger’s reported holdings after this Spire Global (SPIR) RSU grant?
After the award, Eric M. Mellinger’s reported direct holdings from this grant are 150,000 units. These represent restricted stock units that will convert into shares only as they vest under the award’s terms.
Is the Spire Global (SPIR) RSU grant to Eric M. Mellinger subject to service conditions?
Yes. The filing states that vesting of the 150,000 restricted stock units is subject to the reporting person’s continued service through each vesting date, both for the initial 25% tranche and the subsequent quarterly installments.