Preferred stock redemption reported by Spire (NYSE: SR) director

Rhea-AI Filing Summary

Spire Inc. director Paul D. Koonce reported a transaction involving the company’s 5.9% Series A Cumulative Redeemable Perpetual Preferred Stock. On February 13, 2026, Spire completed the previously announced redemption of all outstanding shares of this preferred series and the related depositary shares.

As part of this company-wide redemption, 8,846 preferred shares held in a revocable trust for Mr. Koonce at $25 per share were redeemed, leaving him with no remaining holdings of that series. He continues to hold Spire common stock, including 5,540 shares directly, 2,425 shares in a revocable trust, and 5,000 shares in an IRA.

Insider Trade Summary

4 transactions reported

Mixed 4 txns

Insider KOONCE PAUL D

Role Director

Type	Security	Shares	Price	Value
Other	5.9% Series A. Cumulative Redeemable Perpet. Preferred Stock	8,846	$25.00	$221K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: 5.9% Series A. Cumulative Redeemable Perpet. Preferred Stock — 0 shares (Indirect, Held in a Revocable Trust); Common Stock — 5,540 shares (Direct); Common Stock — 2,425 shares (Indirect, Held in a Revocable Trust)

Footnotes (1)

1. On February 13, 2026, Spire completed the previously announced redemption of all outstanding shares of Series A Preferred Stock and the corresponding depositary shares representing fractional interests in the Series A Preferred Stock. The Series A Preferred Stock will cease to accumulate dividends immediately prior to the redemption date of February 13, 2026. Upon redemption, the Series A Preferred Stock (or related depositary shares) will no longer be outstanding, and all rights of the holders will terminate, except the right of the holders to receive the cash payable upon such redemption, without interest. These shares are held in a revocable trust of which Mr. Koonce has sole voting and dispositive power.

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
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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^*

KOONCE PAUL D

(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)
02/13/2026

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
5.9% Series A. Cumulative Redeemable Perpet. Preferred Stock	02/13/2026		J		8,846(1)	D	$25	0.00	I	Held in a Revocable Trust
Common Stock								5,540	D
Common Stock								2,425(2)	I	Held in a Revocable Trust
Common Stock								5,000	I	Held in an IRA

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. On February 13, 2026, Spire completed the previously announced redemption of all outstanding shares of Series A Preferred Stock and the corresponding depositary shares representing fractional interests in the Series A Preferred Stock. The Series A Preferred Stock will cease to accumulate dividends immediately prior to the redemption date of February 13, 2026. Upon redemption, the Series A Preferred Stock (or related depositary shares) will no longer be outstanding, and all rights of the holders will terminate, except the right of the holders to receive the cash payable upon such redemption, without interest.

2. These shares are held in a revocable trust of which Mr. Koonce has sole voting and dispositive power.

Remarks:

	/s/ Courtney Vomund as attorney in fact for Koonce Paul D	02/17/2026
	** 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).
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FAQ

What insider transaction did Spire Inc. (SR) report for Paul D. Koonce?

Spire Inc. director Paul D. Koonce reported a transaction tied to the company’s 5.9% Series A preferred stock redemption. The filing reflects company-initiated redemption of his trust-held preferred shares rather than an open-market purchase or sale by the director.

How many Spire 5.9% Series A preferred shares were redeemed for Paul D. Koonce?

The filing shows 8,846 shares of Spire’s 5.9% Series A Cumulative Redeemable Perpetual Preferred Stock were redeemed. These shares were held in a revocable trust, and the redemption occurred as part of Spire’s company-wide preferred stock redemption completed on February 13, 2026.

What was the redemption price per share for Spire’s Series A preferred stock?

The reported transaction lists a price of $25 per share for the 5.9% Series A preferred stock. This price applies to the 8,846 shares held in a revocable trust for Paul D. Koonce that were redeemed as part of Spire’s February 13, 2026 redemption.

Does Paul D. Koonce still own any Spire Series A preferred stock after this Form 4?

After the reported transaction, the Form 4 shows zero shares of the 5.9% Series A preferred stock beneficially owned. Spire redeemed all outstanding shares of this series, including those held for Paul D. Koonce, so no holdings in that preferred series remain for him.

How many Spire Inc. common shares does Paul D. Koonce hold?

The filing lists 5,540 Spire common shares held directly by Paul D. Koonce, 2,425 common shares held in a revocable trust, and 5,000 common shares held indirectly in an IRA. These figures reflect his beneficial ownership of Spire common stock following the preferred stock redemption.

What does the revocable trust footnote mean in Paul D. Koonce’s Spire holdings?

The footnote explains that the trust-held shares are in a revocable trust where Paul D. Koonce has sole voting and dispositive power. This means he controls how those shares are voted and whether they are sold, so they are treated as beneficially owned by him.