Form 4: Spire Global CEO Theresa Condor Sells Shares to Cover Taxes
SEC Form 4 Filing
CEO Theresa Condor sold 17,979 shares of Spire Global, Inc. to cover taxes associated with the settlement of stock units.
Summary
- On February 21, 2025, Theresa Condor, CEO of Spire Global, Inc., sold 17,979 shares of Class A Common Stock at a price of $11.268 per share.
- The sale was executed to cover taxes associated with the settlement of stock units, according to an automatic sale-to-cover instruction.
- Following the transaction, Condor directly owns 359,173 shares of Class A Common Stock.
- Condor also indirectly owns 1,840,357 shares through her spouse.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, not indicative of positive or negative sentiment towards the company's performance.
Industry Context
This is a routine Form 4 filing, indicating an insider transaction. It's common for executives to sell shares to cover tax obligations related to stock awards.
Key Dates
| Date | Description |
|---|---|
| February 4, 2022 | Date of award agreement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). |
| April 14, 2023 | Date of award agreement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). |
| March 7, 2024 | Date of award agreement intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). |
| 02/21/2025 | Date of transaction: Sale of Class A Common Stock. |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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