SPIRE Treasurer logs 1,100-share 401(k) stock transfer
SPIRE INC Treasurer Adam W. Woodard reported routine updates to his holdings in the company’s common stock.
Rhea-AI Filing Summary
SPIRE INC Treasurer Adam W. Woodard reported routine updates to his holdings in the company’s common stock. One entry reflects a holding balance of 5,156.55 directly owned shares. Another entry shows a discretionary intra-plan transfer of 1,100 shares at $78.65 per share into the company stock fund within his 401(k) plan, bringing that 401(k) position to 7,038.864 shares as of June 15, 2026. The footnotes clarify this was an internal 401(k) fund transfer, exempt from Section 16(b) under Rule 16b-3(f), rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Discretionary: 1,100 shares
Discretionary
2 txns
Insider
Woodard Adam W.
Role
Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Discretionary | Common Stock | 1,100 | $78.65 | $87K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,038.864 shares (Indirect, Held in 401(k));
Common Stock — 5,156.55 shares (Direct)
Footnotes (3)
- F1. The transaction reported represents an intra-plan transfer through the reporting person's 401(k) plan from one fund into the Issuer's company stock fund that is exempt from Section 16(b) pursuant to Rule 16b-3(f).
- F2. Total shares held in Company stock fund of 401(k) plan as reported by trustee as of June 15, 2026.
- F3. Includes shares acquired through dividend reinvestment plan.
Key Figures
401(k) shares transferred: 1,100 shares
Transfer price: $78.65 per share
401(k) holdings after transfer: 7,038.864 shares
+2 more
5 metrics
401(k) shares transferred
1,100 shares
Discretionary intra-plan transfer into company stock fund
Transfer price
$78.65 per share
Price for 1,100 SPIRE INC shares in 401(k) transaction
401(k) holdings after transfer
7,038.864 shares
Total SPIRE INC shares in 401(k) company stock fund as of June 15, 2026
Directly held shares
5,156.55 shares
Direct SPIRE INC common stock holdings after reported update
Transaction date
June 15, 2026
Date of discretionary 401(k) transfer and holdings update
Key Terms
Discretionary transaction under Rule 16b-3(f), Section 16(b), 401(k) plan, company stock fund, +1 more
5 terms
Discretionary transaction under Rule 16b-3(f) regulatory
"transaction_code_description: "Discretionary transaction under Rule 16b-3(f)""
Section 16(b) regulatory
"exempt from Section 16(b) pursuant to Rule 16b-3(f)"
A federal rule that requires company insiders—like officers, directors and large shareholders—to return any profits made from buying and selling the company’s stock within a six-month window. It matters to investors because it discourages short-term trades that could exploit non-public information and helps protect outside shareholders by creating a simple, enforceable way to recover unfair gains, much like a rule stopping someone from flipping a limited-edition item for quick profit after getting early access.
401(k) plan financial
"through the reporting person's 401(k) plan from one fund"
A 401(k) plan is a workplace retirement account that lets employees set aside part of their pay into a tax-advantaged savings pot, often with employers adding matching contributions — like a workplace piggy bank for future income. It matters to investors because the amount people save and how employers fund these plans influence consumer spending, corporate payroll costs and the flow of money into financial markets, which can affect stock prices and company valuations.
company stock fund financial
"into the Issuer's company stock fund that is exempt"
dividend reinvestment plan financial
"Includes shares acquired through dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did SPIRE INC (SR) report for Adam W. Woodard?
SPIRE INC reported that Treasurer Adam W. Woodard updated his common stock holdings, including a discretionary intra-plan transfer of 1,100 shares into the company stock fund within his 401(k) plan, plus a separate direct holding balance entry with no open-market trades disclosed.
Was the SPIRE INC (SR) Form 4 transaction an open-market trade?
No, the reported action was an intra-plan transfer within Adam W. Woodard’s 401(k) plan. Shares moved into the SPIRE INC company stock fund under a discretionary transaction exempt from Section 16(b) via Rule 16b-3(f), not a market buy or sell.
What are Adam W. Woodard’s SPIRE INC (SR) holdings after the Form 4 event?
After the reported updates, Adam W. Woodard holds 5,156.55 SPIRE INC common shares directly. His 401(k) company stock fund position totals 7,038.864 shares as reported by the plan trustee as of June 15, 2026, including dividend reinvestment shares.
What does a discretionary transaction under Rule 16b-3(f) mean for SPIRE INC (SR)?
A discretionary transaction under Rule 16b-3(f) refers to the insider reallocating investments within a benefit plan, like moving assets into SPIRE INC stock in a 401(k). It is exempt from Section 16(b) short-swing profit rules and does not represent an open-market trade.
AI-generated analysis. How Rhea-AI works. Not financial advice.
