Spire Inc SEC Filings

Spire Inc. (SR) is progressing its planned acquisition of Piedmont Natural Gas Company’s Tennessee local distribution business for cash consideration of $2.48 billion, subject to customary adjustments at closing. The transaction has cleared the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act and received Federal Energy Regulatory Commission approval on October 31, 2025 to transfer gas supply contracts. Completion still requires Tennessee Public Utility Commission approval and the absence of a defined Material Adverse Effect, and is expected to close by the end of the first calendar quarter of 2026. Spire has filed unaudited pro forma condensed combined financial information and abbreviated financial statements for the acquired business to show how the Piedmont acquisition could affect its future financial profile.

Spire Inc. (SR) reported an initial statement of beneficial ownership on Form 3 for company officer Lalov Boyan N., Vice President and Treasurer. The filing lists 560 shares of common stock held directly and 548.224 shares held indirectly in the company’s 401(k) stock fund, as reported by the plan trustee as of November 13, 2025. No derivative securities were reported.

Spire Inc. (SR): Schedule 13G/A Amendment No. 12 reports that American Century Investment Management, Inc., American Century Companies, Inc., and the Stowers Institute for Medical Research collectively beneficially own 2,708,444 shares of Spire Inc. common stock, representing 4.6% of the class as of the event date 09/30/2025.

The filing lists sole voting power of 2,594,030 shares and sole dispositive power of 2,708,444 shares, with no shared voting or dispositive power. The signatories certify the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control. Item 5 confirms ownership of 5 percent or less of the class. The filing identifies ACIM as an investment adviser and ACC as a parent holding company, with Stowers as a control entity of ACC.

Spire Inc. (SR) reported an insider equity award. Executive VP and COO Steven C. Greenley acquired 7,970 shares of common stock on November 3, 2025, reported at a price of $87.82 per share. Following the transaction, his beneficial ownership reflects 7,970 shares, held directly.

The filing notes these are time-vested restricted shares that vest on November 3, 2028. This is a routine compensation-related grant disclosed on a Form 4.

Spire Inc. (SR) reported that subsidiary Spire Missouri Inc. privately placed $200 million of secured first mortgage bonds. The issuance includes $150 million of 4.60% Series due September 15, 2030 and $50 million of 4.65% Series due January 15, 2031, with interest payable semi‑annually on March 15 and September 15.

The bonds are secured under Spire Missouri’s long-standing mortgage and deed of trust (Regions Bank as trustee) and rank equally with its other first mortgage bonds. Proceeds will be used for general corporate purposes. The bonds feature a make‑whole call at 100% of principal plus a calculated amount, and may be redeemed at 100% beginning on their respective due dates, with additional provisions tied to eminent domain or sale to a governmental body.

Spire Inc (SR): Initial beneficial ownership filed. Executive VP and COO Steven M. Greenley submitted a Form 3 as of 10/13/2025, indicating 0 shares of Spire Inc common stock beneficially owned, held directly. This filing establishes his baseline ownership disclosure as a company officer and confirms no non-derivative or derivative holdings reported at the event date.

Spire Inc. disclosed the material terms of employment for Mr. Greenley, outlining compensation and benefits the company will provide when he joins. His annual base salary will be $537,000 and he is eligible for an annual cash incentive equal to 75% of eligible earnings at target performance, with first incentive eligibility in fiscal year 2026 based on his start date. Equity compensation includes an initial grant on November 21, 2025 valued at $645,000 under the company plan and a special new-hire restricted stock grant valued at $1,400,000 split into time-vested and performance-contingent awards delivered on November 1, 2025 and November 21, 2025, each subject to a three-year cliff vesting period. He will receive a $250,000 cash hire bonus around December 5, 2025, participate in the company’s Executive Severance Plan, receive 30 days paid time off annually, relocation assistance subject to repayment if he departs within two years, and standard employee benefits including health, life, disability, pension, deferred compensation and 401(k).