SPIRE INC·4

Feb 9, 9:50 AM ET

Hightman Carrie J 4

Research Summary

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Spire Inc (SR) Director Carrie Hightman Receives Restricted Stock Award

What Happened

  • Carrie J. Hightman, a director of Spire Inc (SR), was granted 1,640 shares as a time‑vested restricted stock award (transaction code A) on February 5, 2026. The award is valued at approximately $139,843 based on the $85.27 closing price that day. This was a compensation award, not an open‑market purchase or sale.

Key Details

  • Transaction date and price: 2026-02-05 at $85.27 per share (value ≈ $139,843).
  • Vesting: The restricted shares vest on August 5, 2026 (F1).
  • Holdings/controls: These shares are held in a brokerage account for which Ms. Hightman has sole voting and dispositive power (F3).
  • Related holdings: The filing notes vested Phantom Stock in Ms. Hightman’s deferred income plan (economic equivalent to common shares), payable in a lump sum six months after she leaves the board (F4).
  • Price note: Price reflects close of business on Feb 5, 2026 (F2).
  • Timeliness: Report filed Feb 9, 2026 — within the typical two business‑day Form 4 filing window for a Feb 5 transaction.

Context

  • This transaction is a routine director compensation award (time‑vested restricted stock). Such awards are standard for board service and do not by themselves indicate the director bought or sold shares in the open market. The restricted shares will vest on the stated future date; the phantom stock referenced is an existing deferred compensation arrangement payable upon separation.

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