Form 4: Spire Inc. Executive Hampton Sells Shares and Reports Holdings

Spire Inc. executive Joseph B. Hampton sold 1,472 shares of common stock and reported holdings including shares in a 401(k) and phantom stock.

Summary

• Joseph B. Hampton, a President at Spire Inc., reported a sale of 1,472 shares of common stock at a price of $67.61 per share on December 13, 2024.
• Following the transaction, Hampton directly owns 5,311 shares of Spire Inc. common stock.
• Hampton also indirectly owns 6,368.428 shares of common stock held in a 401(k) plan.
• Additionally, Hampton holds 2,134 shares of phantom stock, which are economically equivalent to common stock and payable in installments after separation of employment.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider transaction, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity, which is common for executives of publicly traded companies. It provides transparency into the transactions of company insiders.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The sale of shares by an executive is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Similar filings are made by executives at comparable companies such as Atmos Energy and ONE Gas.

Stakeholder Impact

• The sale of shares by an executive may have a minor impact on shareholder sentiment, but is generally considered a normal part of executive compensation and portfolio management.

Key Dates

Keywords

Spire Inc, insider trading, Form 4, stock sale, executive, phantom stock, 401k, Joseph B. Hampton