secwatch.observer — SEC 8-K summary
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Issuer:     SPIRE INC (SR)
CIK:        0001126956
Form:       8-K
Filed at:   2023-09-21T23:59:59+00:00
Accession:  0001437749-23-026489
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Spire appoints COO Steven L. Lindsey as President and CEO effective Oct 1, 2023
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- Lindsey, former COO since 2012, succeeds Suzanne Sitherwood in planned retirement transition.
- Base salary of $800,000; annual incentive target 100% of base salary and maximum 150%.
- Equity grant of $1.4M (25% time-based RSU, 75% performance-contingent PSU, three-year vest).
- Severance: 200% base without cause/good reason; 300% base on change in control (lump sum plus benefits).
- Lindsey joins Board, expanding from 11 to 12 members; Sitherwood remains Senior Advisor and director through Jan 1, 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1126956/000143774923026489/0001437749-23-026489-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1126956/000143774923026489/spre20230920_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-026489

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