Form 4: Spire Inc. Director Paul Koonce Acquires Additional Shares
SEC Form 4 Filing
Director Paul Koonce reports the acquisition of 500 shares of Spire Inc. common stock at a price of $66.13 per share.
Summary
- On August 2, 2024, Paul D. Koonce, a director of Spire Inc., acquired 500 shares of common stock at $66.13 per share.
- Following this transaction, Koonce directly owns 2,150 shares of common stock.
- Koonce also indirectly owns 1,425 shares of common stock, 8,846 shares of Series A Cumulative Redeemable Perpetual Preferred Stock, and 5,000 shares of common stock held in an IRA.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director. While insider buying can be seen as a positive signal, the limited information and small transaction size do not warrant a strong positive sentiment.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into a company's performance and future prospects. This Form 4 filing is a routine disclosure required by the SEC.
Key Dates
| Date | Description |
|---|---|
| July 26, 2023 | Date of Power of Attorney execution. |
| August 2, 2024 | Date of transaction: purchase of 500 shares of common stock. |
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