Form 4: Spire Inc. Director John P. Stupp Jr. Reports Acquisition of Phantom Stock and Indirect Holdings

Director John P. Stupp Jr. reports the acquisition of phantom stock and indirect holdings in Spire Inc.

Summary

• On February 7, 2025, John P. Stupp Jr., a director of Spire Inc., reported transactions involving Spire Inc. common stock and phantom stock.
• Mr. Stupp acquired 1,750 shares of phantom stock at a price of $71.38, which are payable in cash in January 2039 and vest on August 7, 2025.
• Mr. Stupp also reported indirect ownership of 1,104,000 shares of common stock held by Stupp Bros. Inc., where he serves as Chairman & CEO but does not have voting rights.
• Additionally, Mr. Stupp directly owns 17,160 shares of Spire Inc. common stock.
• The report was filed on February 11, 2025, by Courtney Vomund as attorney in fact for John P. Stupp Jr.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Positives

• The acquisition of phantom stock could align Mr. Stupp's interests with the long-term performance of Spire Inc.

Future Outlook

The document does not contain specific forward-looking statements, but it details future vesting and payment dates for the phantom stock.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the holdings and transactions of company insiders.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the holdings and transactions of a company director.

Key Dates

Keywords

Form 4, Spire Inc., SR, John P. Stupp Jr., Director, Phantom Stock, Stupp Bros. Inc., Beneficial Ownership, Section 16(a)