Form 4: Spire Inc. Insider Transaction: Adam W. Woodard
Statement of Changes in Beneficial Ownership
Adam W. Woodard, Treasurer at Spire Inc., reported a transaction involving an intra-plan transfer of 1,100 shares into the company's stock fund.
Summary
- Adam W. Woodard, the Treasurer of Spire Inc., executed a transaction on June 15, 2026.
- This transaction involved an intra-plan transfer of 1,100 shares within the reporting person's 401(k) plan.
- The transfer moved funds into the Issuer's company stock fund.
- The transaction is exempt from Section 16(b) of the Securities Exchange Act of 1934, pursuant to Rule 16b-3(f).
- Following this transaction, Woodard beneficially owns 7,038.864 shares in the company stock fund of his 401(k) plan.
- Additionally, 5,156.55 shares are held directly, which include shares acquired through a dividend reinvestment plan.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this filing as neutral, as it represents a routine intra-plan transfer within a 401(k) plan and does not indicate a change in overall beneficial ownership or insider sentiment.
Positives
- The transaction represents an internal reallocation within a retirement plan, indicating continued investment in the company's stock by a key executive.
- The shares acquired through the dividend reinvestment plan suggest a long-term accumulation strategy.
Future Outlook
No specific forward-looking statements or guidance were provided in this filing.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the holdings and activities of company executives. This specific filing details an internal reallocation within a retirement plan, which is common practice and generally viewed neutrally unless it indicates a significant shift in insider confidence.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Adam W. Woodard 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: Increased transparency regarding insider holdings and transactions.
Key Dates
| Date | Description |
|---|---|
| 01/28/2026 | Date of execution of Power of Attorney by Adam W. Woodard. |
| 06/15/2026 | Transaction Date for the intra-plan transfer of securities. |
| 06/16/2026 | Date of filing of the Form 4 statement. |
Keywords
Spire Inc., SR, Form 4, Insider Transaction, Adam W. Woodard, Treasurer, Beneficial Ownership, 401(k) Plan, Intra-plan Transfer, Company Stock, Rule 16b-3(f), Dividend Reinvestment Plan
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