SPIR Insider Sale: Executive Chairman Platzer Offloads 25,907 Shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Spire Global (NYSE:SPIR) filed a routine Form 4 disclosing that Executive Chairman Peter Platzer sold 25,907 Class A shares on 06/24/2025 under a Rule 10b5-1 plan at a weighted-average price of $9.91, for roughly $256 K. Platzer still owns 1,614,199 shares directly and 857,173 shares indirectly through his spouse. No other material ownership or corporate changes were reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 25,907 shares ($256,738)
Net Sell
2 txns
Insider
Platzer Peter
Role
Executive Chairman
Sold
25,907 shs ($257K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 25,907 | $9.91 | $257K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 1,614,199 shares (Direct);
Class A Common Stock — 857,173 shares (Indirect, By Spouse)
Footnotes (1)
- Theresa Condor and Peter Platzer, as husband and wife, share beneficial ownership of the securities held by each other. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 20, 2024. The price reported in Column 4 is a weighted-average price. These shares were sold in multiple transactions at prices ranging from $9.52 to $10.09. The reporting person undertakes to provide to the issuer, any securityholder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
FAQ
What was the total value of Peter Platzer's June 24, 2025 sale of SPIR stock?
The sale was valued at approximately $256,000, based on the weighted-average price of $9.91.
Was the insider transaction executed under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was made under a 10b5-1 plan adopted on May 20, 2024.