Form 4: Director Paul D. Koonce Increases Stake in Spire Inc.

Spire Inc. Director Paul D. Koonce acquired 500 shares of common stock at a price of $80.50 per share.

Summary

• Director Paul D. Koonce purchased 500 shares of Spire Inc. (SR) common stock on June 1, 2026.
• The shares were acquired at a price of $80.50 per share.
• Following this transaction, the director holds 7,500 shares indirectly through an IRA, 5,540 shares directly, and 2,425 shares indirectly through a revocable trust.

Sentiment

Score: 6

Explanation: StockSavvy.ai views this as a mildly positive signal, as it reflects internal confidence from a director without indicating any major strategic shift.

Positives

• Insider confidence is demonstrated by the director's decision to increase his equity position in the company.

Negatives

• None identified.

Risks

• None identified.

Future Outlook

Not applicable as this is an insider transaction report.

Industry Context

StockSavvy.ai notes that insider buying is generally viewed as a positive signal of management's belief in the long-term value of the utility sector, particularly for regulated gas companies like Spire Inc.

Comparison to Industry Standards

• Insider purchases by board members are standard corporate governance activities and align with typical market behavior for utility sector directors.

Stakeholder Impact

• Shareholders may view the director's increased investment as a sign of stability and confidence in the company's future performance.

Next Steps

• No further actions required by the reporting person regarding this specific transaction.

Key Dates

Keywords

Spire Inc, SR, Insider Trading, Form 4, Director Purchase