Form 4: Sempra CEO Acquires Phantom Shares Under Deferred Compensation Plan

Sempra CEO Jeffrey Martin acquired 2,885.88 phantom shares of Sempra Common Stock under the company's deferred compensation plan at $69.30 per share.

Summary

• On March 14, 2025, Sempra CEO Jeffrey W. Martin acquired 2,885.88 phantom shares of Sempra Common Stock.
• The acquisition was made under Sempra's deferred compensation plan.
• The price per phantom share was $69.30, resulting in a total acquisition cost of $200,000.
• Following the transaction, Martin directly owns 187,673.95 shares of Sempra Common Stock.
• The phantom shares are payable in cash and can be transferred into an alternative investment account.
• The phantom shares are immediately exercisable and have no expiration date.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. It reflects routine executive compensation and insider ownership, indicating confidence in the company's prospects.

Positives

• The acquisition of phantom shares by the CEO demonstrates his continued investment in the company's future.

Future Outlook

NA

Industry Context

This filing is a routine disclosure of insider transactions, which are common occurrences in publicly traded companies. It provides transparency into the investment activities of company executives.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder confidence due to the CEO's increased stake in the company.

Key Dates