Platzer Peter sold SPIR
May 20, 2024 · Form 4 insider transaction
Platzer Peter sold 30,546 shares of Spire Global, Inc. at $8.74 per share, a transaction worth $267.0K. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 690 days after the transaction.
Footnotes
The shares were sold to cover taxes associated with the settlement of restricted stock units, pursuant to an automatic sale-to-cover instruction in the applicable award agreement, which award agreements intended to satisfy the affirmative defense conditions of Rule 10b5-1(c) were dated April 19, 2022, April 14, 2023 and March 7, 2024.; Reflects the correction of a rounding error in connection with adjustments following the issuer's reverse stock split that overstated the reporting person's holdings by two shares in previous filings.