Spire Global (SPIR) awards 150,000 RSUs to Chief Legal Officer David Myers
Rhea-AI Filing Summary
Spire Global reported that its Chief Legal Officer, David E. Myers, received an equity award of 150,000 shares of Class A Common Stock on January 9, 2026. The Form 4 shows this as an acquisition at a price of $0 per share, bringing his directly held beneficial ownership to 150,000 shares.
According to the footnote, these shares are in the form of restricted stock units (RSUs). 25% of the total RSUs vest on February 20, 2027, and the remaining RSUs vest in 1/16th quarterly installments beginning on May 20, 2027, as long as Myers continues his service with the company through each vesting date.
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FAQ
What insider transaction did Spire Global (SPIR) report for David E. Myers?
Spire Global reported that Chief Legal Officer David E. Myers acquired 150,000 shares of Class A Common Stock on January 9, 2026 through an equity award reported on Form 4.
Was the Spire Global (SPIR) insider transaction a purchase or an award?
The Form 4 shows transaction code A, and the shares were acquired at $0 per share, indicating an equity award of restricted stock units rather than an open-market purchase.
How many Spire Global (SPIR) shares does David E. Myers own after this transaction?
Following the reported transaction, David E. Myers is shown as beneficially owning 150,000 shares of Class A Common Stock, held directly.
How do the RSUs granted to Spire Global (SPIR) Chief Legal Officer vest?
The 150,000 restricted stock units vest as follows: 25% of the total shares vest on February 20, 2027, and the remaining RSUs vest in 1/16th installments quarterly, starting on May 20, 2027, subject to his continued service.
What role does David E. Myers hold at Spire Global (SPIR)?
David E. Myers is reported as an officer of Spire Global, serving as the company’s Chief Legal Officer.
Is the Spire Global (SPIR) insider transaction reported as direct or indirect ownership?
The Form 4 indicates the ownership of the 150,000 shares as direct (D), with no separate indirect ownership entity listed.