Form 4: Spire Inc. Executive Michael Geiselhart Reports Phantom Stock Transfer
SEC Form 4 Filing
Senior Vice President Michael Geiselhart reports a transfer of phantom stock within his deferred income plan.
Summary
- Michael C. Geiselhart, a Senior Vice President at Spire Inc., filed a Form 4 on August 26, 2024, regarding a transaction on August 22, 2024.
- The transaction involved phantom stock, which is the economic equivalent of Spire Inc. common stock.
- Geiselhart transferred 2,382.45 shares of phantom stock from a performance contingent stock account to a fixed rate account within his deferred income plan.
- Following the transaction, Geiselhart directly owns 26,252 shares of common stock and indirectly owns 12,217.34 shares of phantom stock.
- The price of the derivative security was $64.84.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing with no inherent positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to executive compensation and deferred income plans, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| January 15, 2020 | Date of Power of Attorney execution. |
| August 22, 2024 | Date of phantom stock transaction. |
| August 26, 2024 | Date of Form 4 filing. |
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