Spire director buys 500 shares at $80.50
Spire Inc. director Paul D. Koonce reported an open-market purchase of 500 shares of Spire common stock at $80.50 per share, held indirectly in an IRA.
Accepted by SEC EDGAR
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Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
Spire Inc. director Paul D. Koonce reported an open-market purchase of 500 shares of Spire common stock at $80.50 per share, held indirectly in an IRA. After this transaction, his IRA holds 7,500 shares. Separate holding entries show 5,540 shares held directly and 2,425 shares held in a revocable trust over which he has sole voting and dispositive power.
Insider Trade Summary
Net Buyer: 500 shares
Net Buy
1 txn
Insider
KOONCE PAUL D
Role
Director
Bought
500 shs ($40K)
Increase in Position
7.1%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 500 | $80.50 | $40K |
| Holding | Common Stock | -- | -- | -- |
| Holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 7,500 shares (Indirect, Held in an IRA);
Common Stock — 5,540 shares (Direct);
Common Stock — 2,425 shares (Indirect, Held in a Revocable Trust)
Holdings Before and After:
Common Stock, 7,000 to 7,500 shares (Indirect, Held in an IRA)
Footnotes (1)
- F1. These shares are held in a revocable trust of which Mr. Koonce has sole voting and dispositive power.
Key Figures
Open-market purchase size: 500 shares
Purchase price: $80.50 per share
IRA holdings after transaction: 7,500 shares
+2 more
5 metrics
Open-market purchase size
500 shares
Common Stock bought in open market on 2026-06-01
Purchase price
$80.50 per share
Price for 500-share open-market purchase
IRA holdings after transaction
7,500 shares
Total common shares held indirectly in IRA
Direct holdings
5,540 shares
Common Stock held directly after reported date
Revocable trust holdings
2,425 shares
Common Stock held in revocable trust with sole voting and dispositive power
Key Terms
open-market purchase, revocable trust, IRA, indirect ownership
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
revocable trust financial
"held in a revocable trust of which Mr. Koonce has sole voting"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
IRA financial
"nature_of_ownership": "Held in an IRA""
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
indirect ownership financial
"ownership_type": "indirect""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Spire (SR) director Paul D. Koonce report?
Paul D. Koonce reported an open-market purchase of 500 shares of Spire common stock at $80.50 per share. The transaction was made indirectly through an IRA account, increasing that IRA position while leaving his other reported holdings as separate entries.
What does the revocable trust holding mean for Spire (SR) director Paul D. Koonce?
The filing states 2,425 Spire shares are held in a revocable trust where he has sole voting and dispositive power. This means he controls how those shares are voted and when they are sold, even though they are legally titled in the trust’s name.
Is Paul D. Koonce’s Spire (SR) transaction categorized as a buy or sell?
The reported transaction is categorized as a buy, specifically an open-market purchase. The Form 4 uses transaction code P and describes it as a purchase in the open market or a private transaction, with no reported sales in this particular filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
