Spire Inc. 8-K Signals Executive/Compensation Changes
Ticker: SRJN · Form: 8-K · Filed: Jan 9, 2024 · CIK: 1126956
| Field | Detail |
|---|---|
| Company | Spire Inc (SRJN) |
| Form Type | 8-K |
| Filed Date | Jan 9, 2024 |
| Risk Level | medium |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $1.00, $25.00, $550,000, $200,000, $637,500 |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: executive-change, compensation, corporate-governance
TL;DR
**Spire Inc. just filed an 8-K hinting at executive or compensation changes, keep an eye out for details.**
AI Summary
Spire Inc. filed an 8-K on January 9, 2024, reporting an event that occurred on January 6, 2024. This filing indicates a change related to 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers,' as well as 'Regulation FD Disclosure' and 'Financial Statements and Exhibits.' While the specific details of the changes are not provided in this summary, the filing signals potential shifts in leadership or executive compensation at Spire Inc., which could impact the company's strategic direction and financial performance, making it relevant for current and prospective shareholders.
Why It Matters
Changes in executive leadership or compensation can influence a company's future strategy, operational efficiency, and financial health, directly affecting shareholder value.
Risk Assessment
Risk Level: medium — The filing indicates changes in leadership or compensation, which can introduce uncertainty regarding future company performance, warranting a medium risk assessment.
Analyst Insight
Investors should monitor Spire Inc.'s subsequent filings or press releases for specific details on the executive or compensation changes, as these could influence future company performance and stock valuation.
Key Numbers
- 001-16681 — Commission File Number (Identifies Spire Inc.'s registration with the SEC.)
- 74-2976504 — IRS Employer Identification No. (Unique tax identifier for Spire Inc.)
- $1.00 — Common Stock par value (The nominal value assigned to each share of Spire Inc. Common Stock.)
Key Players & Entities
- Spire Inc. (company) — the registrant filing the 8-K
- January 6, 2024 (date) — date of the earliest event reported
- January 9, 2024 (date) — date the 8-K was filed
- 700 Market Street St. Louis, MO 63101 (address) — principal executive offices of Spire Inc.
- 314-342-0500 (phone_number) — business phone number of Spire Inc.
- Missouri (state) — state of incorporation for Spire Inc.
- 74-2976504 (number) — IRS Employer Identification No. for Spire Inc.
- 1-16681 (number) — Commission File Number for Spire Inc.
- SR (ticker) — trading symbol for Spire Inc. Common Stock
- New York Stock Exchange LLC (exchange) — exchange where Spire Inc. Common Stock is registered
Forward-Looking Statements
- Spire Inc. will release further details regarding the executive or compensation changes mentioned in the 8-K. (Spire Inc.) — high confidence, target: Q1 2024
FAQ
What was the earliest event reported in this 8-K filing by Spire Inc.?
The earliest event reported in this 8-K filing by Spire Inc. occurred on January 6, 2024.
What specific items were disclosed in this 8-K filing by Spire Inc.?
This 8-K filing by Spire Inc. disclosed information under 'Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers,' 'Regulation FD Disclosure,' and 'Financial Statements and Exhibits.'
What is the trading symbol and exchange for Spire Inc.'s Common Stock?
Spire Inc.'s Common Stock trades under the symbol 'SR' on the New York Stock Exchange LLC.
Where are Spire Inc.'s principal executive offices located?
Spire Inc.'s principal executive offices are located at 700 Market Street, St. Louis, MO 63101.
What is the par value of Spire Inc.'s Common Stock?
The par value of Spire Inc.'s Common Stock is $1.00.
Filing Stats: 1,112 words · 4 min read · ~4 pages · Grade level 10.9 · Accepted 2024-01-09 08:40:26
Key Financial Figures
- $1.00 —       Common Stock $1.00 par value   SR   New Y
- $25.00 — le Perpetual Preferred Stock, par value $25.00 per share   SR.PRA   N
- $550,000 —   His annual base salary will be $550,000. He will be eligible for an annual ca
- $200,000 — ket value on the date of grant equal to $200,000 that will vest on January 16, 2026 if M
- $637,500 — ket value on the date of grant equal to $637,500, of which (i) 75% will be performance-c
Filing Documents
- spre20240108_8k.htm (8-K) — 39KB
- ex_613123.htm (EX-99.1) — 7KB
- spire_rlogoorange-rgb67.jpg (GRAPHIC) — 34KB
- 0001437749-24-000934.txt ( ) — 241KB
- sr-20240106.xsd (EX-101.SCH) — 4KB
- sr-20240106_def.xml (EX-101.DEF) — 13KB
- sr-20240106_lab.xml (EX-101.LAB) — 17KB
- sr-20240106_pre.xml (EX-101.PRE) — 13KB
- spre20240108_8k_htm.xml (XML) — 4KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure   The Company issued a news release announcing Mr. Doyle's appointment, a copy of which is included as Exhibit 99.1.    
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits   (d) Exhibits.   The following exhibits are filed as part of this report:   99.1 News release dated January 9, 2024. 104 Cover page Interactive Data File (embedded within the Inline XBRL document).          
SIGNATURES
SIGNATURES   Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.           Spire Inc.           Date: January 9, 2024   By: /s/ Courtney M. Vomund         Courtney M. Vomund Vice President, Corporate Secretary