Spire Inc. (SR) VP awarded 1,230 restricted shares and phantom stock units
Rhea-AI Filing Summary
Krick Timothy W reported acquisition or exercise transactions in this Form 4 filing.
Spire Inc. vice president and chief accounting officer Timothy W. Krick received an award of 1,230 shares of time-vested restricted common stock on August 10, 2026 at a reference value of $81.04 per share. These restricted shares vest on August 10, 2028, increasing his directly held common stock to 8,090 shares. He also has 1,299.739 common shares held indirectly in a company stock fund within a 401(k) plan and phantom stock economically equivalent to 1,306.510 common shares, payable in lump sums in January 2029 and 2030 and in fifteen annual installments beginning in January 2032 and 2034.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,230 shares
Net Buy
3 txns
Insider
Krick Timothy W
Role
VP, Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 1,230 | $81.04 | $100K |
| holding | Phantom Stock F3 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 8,090 shares (Direct);
Phantom Stock — 1,306.51 shares (Direct);
Common Stock — 1,299.739 shares (Indirect, Held in 401(k))
Footnotes (3)
- F1. Represents award of time-vested restricted stock that vests on August 10, 2028.
- F2. Shares held in Company stock fund of 401(k) plan as reported by trustee as of August 7, 2026.
- F3. Each share of phantom stock is the economic equivalent of one share of Spire Inc. common stock. Shares of phantom stock are payable to the reporting person in lump sum payments in January 2029 and 2030, and in fifteen annual installments beginning in January 2032 and 2034.
Key Figures
Restricted shares granted: 1,230 shares
Grant reference price: $81.04 per share
Direct common shares after grant: 8,090 shares
+3 more
6 metrics
Restricted shares granted
1,230 shares
Time-vested restricted common stock awarded on August 10, 2026
Grant reference price
$81.04 per share
Reference value for the 1,230-share restricted stock award
Direct common shares after grant
8,090 shares
Directly held Spire Inc. common stock following the August 10, 2026 award
Indirect 401(k) holdings
1,299.739 shares
Common shares in company stock fund of 401(k) plan as of August 7, 2026
Phantom stock equivalent
1,306.510 shares
Phantom stock economically equivalent to common stock, payable 2029–2034
Restricted stock vesting date
August 10, 2028
Vesting date for the 1,230 time-vested restricted shares
Key Terms
time-vested restricted stock, phantom stock, 401(k) plan
3 terms
time-vested restricted stock financial
"Represents award of time-vested restricted stock that vests on August 10, 2028."
phantom stock financial
"Each share of phantom stock is the economic equivalent of one share of Spire Inc."
A phantom stock is a form of compensation that gives employees or executives the benefits of stock ownership, such as the increase in stock value, without actually giving them real shares. It acts like a promise to pay the employee the equivalent value of company stock later, often as a bonus or incentive. This allows companies to motivate and reward staff without diluting ownership or transferring actual shares.
401(k) plan financial
"Shares held in Company stock fund of 401(k) plan as reported by trustee"
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.
FAQ
What did Spire Inc. (SR) insider Timothy W. Krick receive on August 10, 2026?
Timothy W. Krick received an award of 1,230 shares of time-vested restricted Spire Inc. common stock on August 10, 2026, at a reference value of $81.04 per share, as part of his equity compensation.
What phantom stock linked to Spire Inc. (SR) does Timothy W. Krick have?
He holds phantom stock economically equivalent to 1,306.510 shares of Spire Inc. common stock. These units are payable in lump sums in January 2029 and 2030 and in fifteen annual installments beginning January 2032 and 2034.
Is Timothy W. Krick’s Form 4 transaction in Spire Inc. (SR) a market purchase or a compensation grant?
The reported transaction is a grant or award acquisition of 1,230 restricted shares, not an open-market purchase. It is classified as a compensation-related award of time-vested restricted stock that vests on August 10, 2028.
AI-generated analysis. How Rhea-AI works. Not financial advice.
