KOONCE PAUL D 4

What Happened
Paul D. Koonce, a director of Spire Inc. (SR), acquired 500 common shares in an open-market purchase on June 11, 2026, at $78.46 per share for a total reported cost of $39,230. This was a purchase (reported as Code P), not a sale or option exercise.

Key Details

• Transaction date: 2026-06-11; Form 4 filed: 2026-06-12 (timely).
• Transaction type: Open-market purchase (P).
• Price per share: $78.46; Shares acquired: 500; Total value: $39,230.
• Shares owned after transaction: Not specified in the filing.
• Footnote: Shares are held in a revocable trust of which Mr. Koonce has sole voting and dispositive power (F1).
• No 10b5-1 plan, option exercise, gift, or tax-withholding items noted in the filing.

Context
Insider purchases are often watched by retail investors as a more informative signal than sales, but Form 4s are factual records and do not state the insider’s motive. This filing simply documents an open-market acquisition by a company director.