KOONCE PAUL D 4

What Happened Paul D. Koonce, a director of Spire Inc. (SR), acquired 500 shares in an open‑market/private purchase on June 1, 2026 at $80.50 per share, a total value of $40,250. This was a straight purchase (code P), which is generally viewed as a more informative/bullish signal than routine sales because it increases insider ownership.

Key Details

• Transaction date: 2026-06-01; price: $80.50 per share; total value: $40,250.
• Transaction type: Purchase (open‑market/private purchase), filing code P.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Shares are held in a revocable trust of which Mr. Koonce has sole voting and dispositive power (F1).
• Filing date: 2026-06-04. Form 4s are generally due within two business days of the transaction, so this filing appears to have been submitted one business day after the typical two‑business‑day window (may be late depending on weekends/holidays).

Context Purchases by directors increase their economic exposure to the company and can be of interest to retail investors, but they do not by themselves prove future performance. The trust disclosure means Koonce retains control over the shares; this is common estate/holding structure and not a separate gift or transfer.