secwatch / observer

SPIRE INC — fact timeline

Source-grounded facts extracted from SPIRE INC's SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

SR SPIRE INC JSON

Mark C. Darrell departed as Chief Legal and Compliance Officer at SPIRE INC.

“On September 1, 2023, Mark C. Darrell, Chief Legal and Compliance Officer of Spire Inc. (the “Company”), gave the required notice that he will retire on December 1, 2023, due to reaching the mandatory retirement age (as extended by the Company’s board of directors with respect to Mr. Darrell) for officers of the Company.”

Paul D. Koonce was elected as Director at SPIRE INC.

“elected Vincent J. Ferrari, age 63, and Paul D. Koonce, age 63, to the Board effective July 19, 2023, and July 28, 2023, respectively”

Vincent J. Ferrari was elected as Director at SPIRE INC.

“elected Vincent J. Ferrari, age 63, and Paul D. Koonce, age 63, to the Board effective July 19, 2023, and July 28, 2023, respectively”
Earnings Releases

SPIRE INC reported fiscal 2023 third quarter ended June 30 results: net income Net loss of $21.6 million, or ($0.48) per diluted share, EPS ($0.48) per diluted share. Guidance lowered.

“the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐ Item 2.02 Results of Operations and Financial Condition See Item 7.01.”
Governance Changes

SPIRE INC: Amended and restated bylaws to revise shareholder proposal and director nomination procedures in light of universal proxy rules, require proxy card color other than white, and incorporate ministerial changes (effective 2023-07-27).

“On July 27, 2023, the Board of Directors of Spire Inc. (the “Company”) amended and restated the Company’s bylaws, effective immediately, to (i) revise the procedures and requirements for a shareholder to propose business or make a nomination at a meeting of shareholders to, among other things, implement and update the procedure and information requirements for the nominations of persons for election to the Company’s Board of Directors, including to address matters relating to the new universal proxy rules set forth in the recently adopted Rule 14a-19 under the Securities Exchange Act of 1934, as amended, (ii) require that any shareholder soliciting proxies from other shareholders use a proxy card color other than white, and (iii) incorporate other ministerial, clarifying and conforming changes to the bylaws.”

Paul D. Koonce was elected as Director at SPIRE INC.

“and elected Vincent J. Ferrari, age 63, and Paul D. Koonce, age 63, to the Board effective July 19, 2023, and July 28, 2023, respectively”

Vincent J. Ferrari was elected as Director at SPIRE INC.

“and elected Vincent J. Ferrari, age 63, and Paul D. Koonce, age 63, to the Board effective July 19, 2023, and July 28, 2023, respectively”
Earnings Releases

SPIRE INC reported fiscal 2023 second quarter ended March 31 results: net income Net income of $179.2 million ($3.33 per diluted share), EPS $3.33 per diluted share. Guidance reaffirmed.

“Spire Reports FY23 Second Quarter Results ST. LOUIS (May 3, 2023) - Spire Inc. (NYSE: SR) today reported results for its fiscal 2023 second quarter ended March 31. Highlights include: • Net income of $179.2 million ($3.33 per diluted share) compared to net income of $173.6 million, or $3.27 per share in the prior year • Net economic earnings* of $199.2 million, or $3.70 per share, up from $181.0 million, or $3.42 per share a year ago, driven by improved results across all operating segments • Fiscal 2023 net economic earnings guidance range narrowed to $4.20–$4.30 per share”

Suzanne Sitherwood departed as President and Chief Executive Officer at SPIRE INC.

“On March 23, 2023, Suzanne Sitherwood notified the Board of Directors (the “Board”) of Spire Inc. of her intent to retire from her position as President and Chief Executive Officer of Spire Inc. effective December 31, 2023.”
Earnings Releases

SPIRE INC reported fiscal 2023 first quarter ended December 31 results: net income $91.0 million ($1.66 per diluted share). Guidance raised.

“Spire Reports FY23 First Quarter Results ST. LOUIS (February 1, 2023) - Spire Inc. (NYSE: SR) today reported results for its fiscal 2023 first quarter ended December 31. Highlights include: • Net income of $91.0 million ($1.66 per diluted share) compared to net income of $55.7 million, or $1.01 per share in the prior year”
Debt Financings

SPIRE INC incurred term loan of $250 million with U.S. Bank National Association, as administrative agent at a base rate or an adjusted forward-looking secured overnight financing rate, plu maturing October 5, 2023.

“The Loan Agreement provides for a $250 million unsecured term loan, which was fully disbursed on January 5, 2023.”
Earnings Releases

SPIRE INC reported the three months ended September 30, 2022 results: net income $7.1 million, EPS ($0.20 per diluted share).

“For the fourth quarter of fiscal 2022, we reported a consolidated net loss of $7.1 million ($0.20 per diluted share), compared with a net loss of $9.9 million ($0.26 per share) last year.”

Carrie J. Hightman was elected as Director at SPIRE INC.

“The Board of Directors of Spire Inc. announced that it increased the size of the Board from nine to ten members effective November 11, 2021 and elected Carrie J. Hightman, age 64, to the Board of Directors effective November 11, 2021 to fill the vacancy created by increasing the size of the Board.”

Carrie J. Hightman was elected as Director at SPIRE INC.

“The Board of Directors of Spire Inc. announced that it increased the size of the Board from nine to ten members effective November 11, 2021 and elected Carrie J. Hightman, age 64, to the Board of Directors effective November 11, 2021 to fill the vacancy created by increasing the size of the Board.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.