SPIR 8-K
Spire Global, Inc. (SPIR)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging growth company
If an emerging growth company, indicate by check mark if 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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 9, 2026, the Board of Directors (the “Board”) of Spire Global, Inc. (the “Company”) approved an increase in the size of the Board from seven to eight members and appointed John Martinez as a director, effective March 9, 2026. Mr. Martinez will serve as a Class III director until the 2027 annual meeting of stockholders and until his successor is elected and qualified, or until his earlier death, resignation or removal.
The Board determined that Mr. Martinez qualifies as an independent director pursuant to the listing standards of the New York Stock Exchange (the “NYSE”) and the rules of the U.S. Securities and Exchange Commission (the “SEC”). The Board has also appointed Mr. Martinez to serve on the Compensation Committee of the Board. Mr. Martinez will receive compensation for his service in accordance with the Company’s non-employee director compensation program described under “Director Compensation” in the Company’s definitive proxy statement filed with the SEC on April 22, 2025. As part of such compensation, on March 9, 2026, Mr. Martinez received an initial award of 26,570 restricted stock units pursuant to the Company’s 2021 Equity Incentive Plan (the “Initial Award”). The Initial Award is scheduled to vest in three equal installments on each of the one-, two-, and three-year anniversaries of the Initial Award’s grant date, in each case subject to his continued service to the Company through the applicable vesting date.
There are no arrangements or understandings between Mr. Martinez and any other persons pursuant to which Mr. Martinez was selected as a director of the Company. There are no relationships or related transactions between Mr. Martinez or any member of his immediate family and the Company that would be required to be reported under Item 404(a) of Regulation S-K.
Item 7.01. Regulation FD Disclosure.
Press Release
On March 11, 2026, the Company issued a press release announcing the appointment of Mr. Martinez to the Board. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1 hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibits |
Description |
99.1 |
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104 |
Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.
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Date: |
March 11, 2026 |
By: |
/s/ Theresa Condor |
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Name: Title: |
Theresa Condor President and Chief Executive Officer |
Exhibit 99.1
John Martinez appointed to Spire Global’s Board of Directors
VIENNA, VA, March 11, 2026 – Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of satellite data, analytics and intelligence, today announced John Martinez has been appointed to Spire’s board of directors, effective March 9th, 2026.
Mr. Martinez currently serves as the Chief Legal Officer at Parsons Corporation (NYSE: PSN), a leading disruptive technology provider in the national security and global infrastructure markets with more than 21,000 employees around the world. Prior to Parsons, he was the Chief Legal Officer at Maximus (NYSE: MMS).
“I’m thrilled to welcome John to our board,” said Theresa Condor, Spire Global’s CEO. “He brings more than two decades of the deep government and commercial expertise across national defense, security, and intelligence markets needed as we accelerate our growth across these markets and reinforce Spire’s position as a trust provider of sovereign, space-based data.”
“Spire is at the forefront of a fundamental shift in how governments and organizations leverage space-based intelligence for security and resilience,” said Mr. Martinez. “Having spent my career at the intersection of aerospace, defense, and the intelligence community, I recognize the unique value Spire’s data and intelligence bring to these markets. I am honored to join the board and help guide the Company as it scales its ‘sovereign-ready’ solutions for U.S. and allied partners.”
Mr. Martinez has also held senior executive roles at the Office of the Director of National Intelligence (ODNI) and within the U.S. intelligence community. He holds a Bachelor of Arts in political science from Penn State University and a J.D. from St. John’s University School of Law.
Learn more about Spire Global’s Board of Directors.
About Spire Global, Inc.
Spire (NYSE: SPIR) is a global provider of space-based data, analytics and space services, offering unique datasets and powerful insights about Earth so that organizations can make decisions with confidence in a rapidly changing world. Spire builds, owns, and operates a fully deployed satellite constellation that observes the Earth in real time using radio frequency technology. The data acquired by Spire’s satellites provides global weather intelligence, ship and plane movements, and spoofing and jamming detection to better predict how their patterns impact economies, global security, business operations and the environment. Spire also offers Space as a Service solutions that empower customers to leverage its established infrastructure to put their business in space. Spire has nine offices across the U.S., Canada, UK, Luxembourg, Germany and Singapore. To learn more, visit spire.com.
Forward Looking Statements
This press release contains forward-looking statements, including information regarding management's view of Spire’s future expectations, plans and prospects, including our views regarding future execution within our business, and the opportunity we see in our industry, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors which may cause the results of Spire to be materially different than those expressed or implied in such statements. Certain of these risk factors and others are included in documents Spire files with the Securities and Exchange Commission, including but not limited to, Spire’s Annual Report on
Form 10-K/A for the year ended December 31, 2024, as well as subsequent reports filed with the Securities and Exchange Commission. Other unknown or unpredictable factors also could have material adverse effects on Spire’s future results. The forward-looking statements included in this press release are made only as of the date hereof. Spire cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Spire expressly disclaims any intent or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.
Contacts
For Media:
Sarah Freeman
Senior Communications Manager
For Investors:
Benjamin Hackman
Head of Investor Relations