Form 4: Spire Inc. Director Paul D. Koonce Reports Stock Transactions
Statement of Changes in Beneficial Ownership
Director Paul D. Koonce of Spire Inc. has reported the acquisition of 2,000 shares of common stock and disposed of 5,540 shares, with remaining beneficial ownership detailed.
Summary
- Paul D. Koonce, a Director at Spire Inc., has filed a Form 4 reporting transactions in the company's common stock.
- On May 8, 2026, Mr. Koonce acquired 2,000 shares of common stock at a price of $85.81 per share.
- Following this acquisition, Mr. Koonce beneficially owns 7,000 shares held in an IRA.
- Additionally, 5,540 shares were disposed of, and 2,425 shares are held in a revocable trust where Mr. Koonce has sole voting and dispositive power.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it reports both acquisitions and dispositions of stock by a director without clear indication of strong positive or negative sentiment.
Positives
- Director acquired additional shares, indicating potential confidence in the company.
- The acquisition price of $85.81 per share provides a specific valuation point.
Negatives
- A significant number of shares (5,540) were disposed of, which could be interpreted negatively.
Future Outlook
No specific forward-looking statements or guidance were provided in this Form 4 filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the buying and selling activities of company directors and officers. These filings are crucial for investors seeking to understand insider sentiment towards a company's stock.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Paul D. Koonce granted power of attorney to specific individuals to execute and file Forms 3, 4, and 5 on his behalf. | 01/28/2026 | Facilitates timely and accurate reporting of insider transactions by delegating administrative and filing responsibilities. |
Stakeholder Impact
- Shareholders: The transactions provide insight into a director's activity, which may influence investment decisions.
- Management: The filing confirms adherence to regulatory reporting requirements for beneficial ownership changes.
Key Dates
| Date | Description |
|---|---|
| 01/28/2026 | Date of execution for the Power of Attorney document. |
| 05/08/2026 | Date of earliest transaction reported and date of common stock acquisition. |
| 05/11/2026 | Date of signature for the Form 4 filing. |
Keywords
Form 4, SEC Filing, Spire Inc., SR, Director, Stock Transaction, Beneficial Ownership, Common Stock, Insider Trading
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