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

Sempra's Chairman, CEO, and President, Jeffrey Martin, reported the acquisition of 2,808.48 phantom shares of Sempra Common Stock under the company's deferred compensation plan on March 18, 2025.

Summary

• On March 18, 2025, Jeffrey W. Martin, Chairman, CEO, and President of Sempra, acquired 2,808.48 phantom shares of Sempra Common Stock.
• The acquisition was made under Sempra's deferred compensation plan at a price of $71.21 per phantom share, totaling $200,000.
• These phantom shares are payable in cash and can be transferred into an alternative investment account.
• Following the transaction, Martin directly owns 193,287.02 shares of Sempra Common Stock.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. It doesn't convey any specific positive or negative sentiment about the company's performance or outlook.

Positives

• The acquisition of phantom shares by the CEO demonstrates confidence in the company's future performance.

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.

Stakeholder Impact

• The acquisition of phantom shares by the CEO could be viewed positively by shareholders as it aligns management's interests with theirs.

Key Dates

Keywords

Sempra, Jeffrey Martin, phantom shares, deferred compensation, Form 4, insider trading