Cook Sheri S 4

What Happened Sheri S. Cook, a director of Spire Inc (SR), was granted 1,640 time‑vested restricted shares on February 5, 2026. The award is reported at an implied value of $85.27 per share (total $139,843), using the 2/5/2026 closing price. The restricted shares vest on August 5, 2026 (footnote F1). This was a compensation award (code A), not an open‑market purchase or sale.

Key Details

• Transaction date and value: 02/05/2026; 1,640 shares × $85.27 = $139,843 (price = close of business 2/5/2026, F2).
• Award type: Time‑vested restricted stock that vests on August 5, 2026 (F1).
• Shares owned after transaction: Not specified in the Form 4 filing.
• Additional note: Filing also references vested Phantom Stock held in Ms. Cook’s deferred income plan; each phantom share equals one share economically and is payable in cash in installments in Jan 2032–2036 (F3).
• Timeliness: Report covers 02/05/2026 and was filed 02/06/2026 — appears timely.

Context Restricted stock awards are a common form of director compensation and vest over time; they are not an immediate cash purchase or sale, so they indicate compensation rather than a direct trading signal. Phantom stock noted in the filing is a cash‑settled equivalent of shares payable in future years and does not represent tradable equity.