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 19, 2025, Jeffrey W. Martin, Chairman, CEO, and President of Sempra, acquired 2,816.11 phantom shares of Sempra Common Stock.
• The acquisition was made under Sempra's deferred compensation plan at a price of $71.02 per phantom share.
• The total acquisition cost was $200,000.
• These phantom shares are payable in cash and can be transferred into an alternative investment account.
• Following the transaction, Martin directly owns 196,103.13 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of phantom shares could be seen as a positive sign of confidence, but it's not a major event.

Positives

• The acquisition of phantom shares by the CEO could be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates activity within Sempra's executive compensation structure.

Stakeholder Impact

• The acquisition of phantom shares has a minimal direct impact on stakeholders.

Key Dates

Keywords

Sempra, Jeffrey Martin, phantom shares, deferred compensation plan, Form 4, derivative securities, acquisition