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[Form 4] SPIRE INC Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Spire Inc. director Mark A. Borer reported an award of 1,640 shares of Spire common stock on February 5, 2026, at a reference price of $85.27 per share. The award is time-vested restricted stock scheduled to vest on August 5, 2026, and is held directly.

After this grant, he directly holds 1,640 common shares and indirectly 18,200 common shares through a revocable family trust where he and his spouse share voting and dispositive power. He also holds 2,090 vested phantom stock units in a deferred income plan, economically equivalent to Spire common shares and payable in scheduled cash installments between January 2028 and January 2032.

Positive

  • None.

Negative

  • None.
Insider BORER MARK A
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 1,640 $85.27 $140K
holding Phantom Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 1,640 shares (Direct); Phantom Stock — 2,090 shares (Direct); Common Stock — 18,200 shares (Indirect, Held in Revocable Family Trust)
Footnotes (1)
  1. Represents award of time-vested restricted stock that vests on August 5, 2026. Price as of the close of business on February 5, 2026. These shares are held in a revocable family trust, of which Mr. Borer and his spouse are trustees and share voting and dispositive power. Represents vested Phantom Stock held in Mr. Borer's deferred income plan account. Each share of phantom stock is the economic equivalent of one share of Spire Inc. common stock. Shares of phantom stock are payable in cash in lump sum payments to the reporting person in January 2028, seven annual payments beginning in January 2030, two lump sum payments in January 2031 and four annual payments beginning in January 2032.
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Form 4 Insider Transactions: What Each Field Means →
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).
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*
BORER MARK A
(Last) (First) (Middle)
700 MARKET STREET
(Street)
ST. LOUIS MO 63101
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SPIRE INC [ SR ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/05/2026
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
Common Stock 02/05/2026 A 1,640(1) A $85.27(2) 1,640 D
Common Stock 18,200(3) I Held in Revocable Family Trust
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
Phantom Stock (4) (4) (4) Common Stock 2,090 2,090 D
Explanation of Responses:
1. Represents award of time-vested restricted stock that vests on August 5, 2026.
2. Price as of the close of business on February 5, 2026.
3. These shares are held in a revocable family trust, of which Mr. Borer and his spouse are trustees and share voting and dispositive power.
4. Represents vested Phantom Stock held in Mr. Borer's deferred income plan account. Each share of phantom stock is the economic equivalent of one share of Spire Inc. common stock. Shares of phantom stock are payable in cash in lump sum payments to the reporting person in January 2028, seven annual payments beginning in January 2030, two lump sum payments in January 2031 and four annual payments beginning in January 2032.
Remarks:
/s/ Courtney Vomund as attorney in fact for Borer Mark A 02/06/2026
** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR