v3.26.1
Investments (Tables)
 12 Months Ended
Dec. 31, 2025
EBP 009  
EBP, Investment, Fair Value and NAV [Line Items]  
Schedule of Fair Value Measurements

The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while the Plan believes its valuation methods are appropriate and consistent with other market participants, the use of different methodologies to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.

 

 

 

Fair Value Measurements Using

Total

Quoted Prices in Active Markets for Identical Assets (Level 1)

Significant Other Observable Inputs (Level 2)

December 31, 2025

Mutual Funds

$

128,245,413

$

128,245,413

$

—

Common / Collective Trusts

557,325,925

—

557,325,925

Spire Inc. ESOP

54,835,856

54,835,856

—

Self-Directed Brokerage Accounts

9,528,697

9,528,697

—

   Total Assets in the Fair Value Hierarchy

$

749,935,891

$

192,609,966

$

557,325,925

Common/Collective Trusts measured at net asset value*

10,143,686

   Total Assets

$

760,079,577

December 31, 2024

Mutual Funds

$

120,039,325

$

120,039,325

$

—

Common/Collective Trusts

483,569,681

—

483,569,681

Spire Inc. ESOP

49,373,212

49,373,212

—

Self-Directed Brokerage Accounts

6,845,065

6,845,065

—

   Total Assets in the Fair Value Hierarchy

$

659,827,283

$

176,257,602

$

483,569,681

Common/Collective Trusts measured at net asset value*

12,908,694

   Total Assets

$

672,735,977

*Certain investments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented on the Statements of Net Assets Available for Benefits.