SR.NYSESpire INC

Form 4: Spire Inc. Director Maria V. Fogarty Reports Acquisition of Restricted Stock

Sentiment:

SEC Form 4


Director Maria V. Fogarty reports acquisition of 1,750 shares of Spire Inc. restricted stock and indirect ownership of 11,950 shares held in a family trust.

Summary

  • On February 7, 2025, Maria V. Fogarty, a director of Spire Inc., acquired 1,750 shares of common stock at a price of $71.38 per share.
  • These shares represent an award of time-vested restricted stock that will vest on August 7, 2025.
  • Following this transaction, Ms. Fogarty directly owns 1,750 shares.
  • Ms. Fogarty also indirectly owns 11,950 shares held in a revocable family trust, where she and her spouse share voting and dispositive power.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't inherently convey positive or negative sentiment about the company's prospects.

Positives

  • The acquisition of restricted stock by a director could be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The document does not contain specific forward-looking statements regarding the company's future performance.

Industry Context

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

Stakeholder Impact

  • Shareholders are informed about the director's stock ownership.
  • The transaction has a minimal impact on employees, customers, suppliers, and creditors.

Key Dates

DateDescription
January 29, 2020Date of Power of Attorney execution.
February 7, 2025Date of transaction: acquisition of restricted stock.
August 7, 2025Vesting date of the restricted stock.
February 10, 2025Date of signature for the Form 4 filing.

Keywords

Form 4, insider trading, beneficial ownership, Maria V. Fogarty, Spire Inc., SR, restricted stock, director

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