Form 4: Spire Inc. Treasurer Adam W. Woodard Reports Intra-Plan Stock Transfer

Spire Inc. Treasurer Adam W. Woodard executed an intra-plan transfer within his 401(k), moving funds into the company's stock fund.

Summary

• Adam W. Woodard, Treasurer of Spire Inc., reported a transaction involving the company's common stock on December 13, 2024.
• The transaction was an intra-plan transfer within Mr. Woodard's 401(k) account.
• 1,150 shares were sold at $67.47 per share from one fund and 1,150 shares were purchased at $67.54 per share into the company stock fund.
• Following the transaction, Mr. Woodard directly owns 2,587.2 shares and indirectly owns 5,602.704 shares through his 401(k).
• The transfer is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(f).

Sentiment

Score: 7

Explanation: The document reflects a routine transaction with no indication of positive or negative sentiment. It is a standard regulatory filing.

Positives

• The transaction is a routine intra-plan transfer, indicating no significant change in the executive's overall investment strategy.
• The transfer is exempt from Section 16(b), suggesting compliance with regulations.

Industry Context

This is a standard Form 4 filing related to an executive's personal trading activity and is common in the corporate world. It does not indicate any specific trend in the industry.

Comparison to Industry Standards

• Form 4 filings are a standard requirement for corporate insiders and are common across all publicly traded companies.
• The intra-plan transfer is a typical transaction for employees with 401(k) plans that include company stock options.
• The transaction is similar to those seen at companies like Southern Company (SO) and Duke Energy (DUK), where executives regularly manage their retirement accounts.

Stakeholder Impact

• The transaction has minimal impact on stakeholders as it is a routine intra-plan transfer.

Key Dates

Keywords

Spire Inc, Adam W. Woodard, insider trading, Form 4, 401(k), stock transfer, treasurer, SR