KOONCE PAUL D 4
Research Summary
AI-generated summary
Spire Inc (SR) Director Paul D. Koonce Receives 1,640-Share Award
What Happened
Paul D. Koonce, a director of Spire Inc. (SR), was granted 1,640 shares of restricted stock on February 5, 2026. The award is reported at $85.27 per share, for a total reported value of $139,843. This was an award/grant (acquisition) of time‑vested restricted stock rather than an open‑market purchase or sale.
Key Details
- Transaction date: February 5, 2026
- Transaction type: Award/Grant of restricted stock (code A)
- Shares granted: 1,640 shares
- Price used: $85.27 per share (closing price on Feb 5, 2026)
- Reported value: $139,843
- Vesting: Time‑vested; vests on August 5, 2026 (footnote)
- Holding: Shares are held in a revocable trust of which Mr. Koonce has sole voting and dispositive power (footnote)
- Shares owned after transaction: Not specified in the provided filing
- Filing timeliness: Report filed Feb 9, 2026 for a Feb 5 transaction; no late filing indicated
Context
This was a restricted stock award that vests in the future, so the shares are not immediately liquid. Awards like this are compensation/retention tools and do not by themselves indicate immediate buying or selling in the open market.
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