Spire CEO sells shares to cover tax obligations

Spire Global, Inc. Chief Executive Officer Theresa Condor reported an open-market sale of 41,712 shares of Class A common stock on February 20, 2026 at an average price of $8.53 per share.

Accepted by SEC EDGAR 02/24/2026 - 05:22 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Spire Global, Inc. Chief Executive Officer Theresa Condor reported an open-market sale of 41,712 shares of Class A common stock on February 20, 2026 at an average price of $8.53 per share. According to the disclosure, the shares were sold to cover taxes tied to stock unit settlements under an automatic sale-to-cover instruction in award agreements intended to satisfy Rule 10b5-1(c). After the sale, Condor directly owned 1,116,581 shares, and she and her husband, Peter Platzer, shared beneficial ownership of an additional 1,693,603 shares held indirectly by her spouse.

Insider Trade Summary

Net Seller: 41,712 shares

Net Sell 1 txn

Insider Condor Theresa

Role Chief Executive Officer

Sold 41,712 shs ($356K)

Share of Position Sold 3.6%

Type	Security	Shares	Price	Value
Sale	Class A Common Stock	41,712	$8.53	$356K
Holding	Class A Common Stock	--	--	--

Holdings After Transaction: Class A Common Stock — 1,116,581 shares (Direct); Class A Common Stock — 1,693,603 shares (Indirect, By Spouse)

Holdings Before and After: Class A Common Stock, 1,158,293 to 1,116,581 shares (Direct)

Other Insiders: 2 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (2)

1. F1. The shares were sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction in the applicable award agreement, which award agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) were dated February 4, 2022, April 14, 2023, February 27, 2024, May 28, 2025 and May 28, 2025.
2. F2. Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other.

FAQ

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What did SPIR CEO Theresa Condor report in this Form 4 filing?

Theresa Condor reported selling 41,712 shares of Spire Global Class A common stock. The sale occurred on February 20, 2026, as an open-market transaction at an average price of $8.53 per share, primarily to cover taxes linked to vested stock units.

Why did SPIR’s CEO sell 41,712 shares of Class A common stock?

The 41,712 shares were sold to cover taxes from the settlement of stock units. The sale followed an automatic sale-to-cover instruction in award agreements designed to meet Rule 10b5-1(c) affirmative defense conditions, indicating a pre-arranged, tax-related transaction rather than a discretionary stock sale.

How many SPIR shares does CEO Theresa Condor own after this transaction?

After the transaction, Theresa Condor directly held 1,116,581 Spire Global Class A shares. She and her husband, Peter Platzer, also share beneficial ownership of 1,693,603 additional shares held by her spouse, reflecting combined direct and indirect economic exposure to the company’s equity.

What is the significance of the Rule 10b5-1(c) reference in this SPIR Form 4?

The filing notes that the award agreements were intended to satisfy Rule 10b5-1(c) affirmative defense conditions. This indicates the tax-related share sales followed pre-established instructions, providing a structured framework for transactions and reducing concerns about opportunistic trading based on nonpublic information.

How are SPIR shares held by the CEO’s spouse treated in this filing?

Shares held by Theresa Condor’s spouse are reported as indirectly owned, with 1,693,603 shares listed as “By Spouse.” The filing explains that Condor and her husband, Peter Platzer, as husband and wife, share beneficial ownership of securities held by each other under applicable beneficial ownership rules.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Condor Theresa

(Last) (First) (Middle)

8000 TOWERS CRESCENT DRIVE

SUITE 1100

(Street)

VIENNA VA 22182

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Spire Global, Inc. [ SPIR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class A Common Stock	02/20/2026		S		41,712(1)	D	$8.53	1,116,581	D
Class A Common Stock								1,693,603	I	By Spouse(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The shares were sold to cover taxes associated with the settlement of stock units, pursuant to an automatic sale-to-cover instruction in the applicable award agreement, which award agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) were dated February 4, 2022, April 14, 2023, February 27, 2024, May 28, 2025 and May 28, 2025.

2. Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other.

	/s/ Griffin D. Foster, by Power of Attorney for Theresa Condor	02/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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