secwatch.observer — SEC 8-K summary
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Issuer:     SPIRE INC (SR)
CIK:        0001126956
Form:       8-K/A
Filed at:   2025-04-29T23:59:59+00:00
Accession:  0000950170-25-060175
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spire details CEO transition pay: Doyle $850K salary, Lindsey $1.8M severance
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- New CEO Scott Doyle receives $850K base salary, 100% target bonus, and $1.05M equity grant on May 2, 2025.
- Doyle's equity split: 25% time-based restricted shares vesting Nov 22, 2027; 75% performance-contingent stock units.
- Former CEO Steve Lindsey gets $1.8M lump sum (2x salary), $525K prorated FY2025 bonus, and retiree medical until 65.
- Lindsey subject to 6-month non-compete, non-solicit; enters 3-month consulting at base salary.
- All outstanding equity awards forfeited except retained prorated performance stock units for Lindsey.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126956/000095017025060175/0000950170-25-060175-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/3146/000095017025060175/sr-20250424.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-060175

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer