{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-130379","form_type":"8-K","ticker":"SR","cik":"0001126956","company_name":"SPIRE INC","filed_at":"2026-03-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.571554+00:00","generated_at":"2026-05-15T08:20:29.472243+00:00","sec_items":["1.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Spire sells gas marketing business to Boardwalk Pipelines for $215M","bullets":["Spire Marketing sold for $215M cash to Boardwalk Pipelines; close expected in fiscal Q3 2026.","Proceeds to partially fund Piedmont Natural Gas Tennessee acquisition; storage sale update by May.","FY2027 adj. EPS guidance lowered to $5.40-$5.60 from $5.65-$5.85 due to the sale.","FY2026 adj. EPS guidance affirmed at $5.25-$5.45; excludes Piedmont TN deal and reflects Spire Marketing.","Long-term adj. EPS growth reaffirmed at 5-7% using original FY2027 midpoint of $5.75 as base."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-130379","json":"https://secwatch.observer/filing/0001193125-26-130379.json","markdown":"https://secwatch.observer/filing/0001193125-26-130379.md","text":"https://secwatch.observer/filing/0001193125-26-130379.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1126956/000119312526130379/0001193125-26-130379-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1126956/000119312526130379/sr-20260328.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T08:20:29.472243+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"b59a3728f7df8ca709a70b5874c8486dc4f1b2af","claim":"SPIRE INC entered into Membership Interests Purchase Agreement with Boardwalk Pipelines, LP valued at $215,000,000 (effective 2026-03-28).","evidence_excerpt":"On March 28, 2026, Spire Resources LLC, a Missouri limited liability company and wholly-owned subsidiary of Spire Inc. (the “Seller”), and Boardwalk Pipelines, LP, a Delaware limited partnership (the “Purchaser”) (collectively the “Parties”), entered into a Membership Interests Purchase Agreement (the “Agreement”), pursuant to which the Seller has agreed to sell to the Purchaser all of the issued and outstanding membership interests of Spire Marketing Inc., a Missouri corporation and wholly-owned subsidiary of Seller (the “Spire Marketing”), for a cash purchase price of equal to $215.0 million, subject to customary adjustments as set forth in the Agreement (the “Transaction”).","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1126956/000119312526130379/0001193125-26-130379-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"equity purchase"},{"label":"Counterparty","value":"Boardwalk Pipelines, LP"},{"label":"Value","value":"$215,000,000"},{"label":"Effective","value":"2026-03-28"}]},{"claim_id":"cb355198dcb21570217036fab84e8689a2c4f7b6","claim":"SPIRE INC entered into Guaranty Agreement with Boardwalk Pipelines, LP valued at guarantees obligations of Seller under the Agreement (effective 2026-03-28).","evidence_excerpt":"In connection with the Transaction, Spire Inc. has entered into a Guaranty Agreement guaranteeing the obligations of the Seller under the Agreement and the other transaction documents.","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1126956/000119312526130379/0001193125-26-130379-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"credit facility"},{"label":"Counterparty","value":"Boardwalk Pipelines, LP"},{"label":"Value","value":"guarantees obligations of Seller under the Agreement"},{"label":"Effective","value":"2026-03-28"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}