Form 4: Spire Inc. SVP Geiselhart Transfers Phantom Stock in Deferred Income Plan

Senior Vice President Michael C. Geiselhart reports transferring phantom stock within his deferred income plan, representing the economic equivalent of Spire Inc. common stock.

Summary

• Michael C. Geiselhart, Senior Vice President of Spire Inc., filed a Form 4 detailing changes in his beneficial ownership.
• The transactions involve the transfer of phantom stock within his deferred income plan.
• On August 15, 2024, 2,308.57 shares of phantom stock were transferred at a price of $64.25.
• On August 16, 2024, 2,268.99 shares of phantom stock were transferred at a price of $64.72.
• These shares represent the economic equivalent of Spire Inc. common stock and can be transferred to other investments within the plan at least six months after vesting.
• Geiselhart directly owns 26,252 shares of common stock.
• Following the reported transactions, Geiselhart beneficially owns 19,251.23 shares of phantom stock directly and 16,982.24 shares indirectly.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't convey any particular 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.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they involve internal transfers within a deferred income plan.

Key Dates