Form 4: Sempra CEO Jeffrey Martin Reports Acquisition of Phantom Shares

Sempra's Chairman, CEO, and President, Jeffrey Martin, reports acquiring phantom shares under the company's deferred compensation plan.

Summary

• On March 12, 2025, Jeffrey W. Martin, Chairman, CEO, and President of Sempra, acquired 2,895.36 phantom shares of Sempra Common Stock.
• The acquisition was made under Sempra's deferred compensation plan at a price of $69.08 per phantom share.
• The total acquisition cost was $200,000.
• Following the transaction, Martin directly owns 181,891.1 shares of Sempra Common Stock.
• The phantom shares are payable in cash and can be transferred into an alternative investment account.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing detailing an insider transaction. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company executives and their holdings in the company's stock.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects the CEO's continued investment in the company.
• The transaction has a minor impact on employees as it reflects the CEO's compensation.

Key Dates