Form 4: Sempra Chief Legal Counsel Diana L. Day Reports Stock Transaction

Sempra's Chief Legal Counsel, Diana L. Day, reported a transaction involving the disposal of 8.1 shares of common stock to cover tax obligations.

Summary

• Diana L. Day, Chief Legal Counsel at Sempra, filed a Form 4 disclosing a transaction on January 15, 2025.
• The transaction involved the disposal of 8.1 shares of Sempra common stock at a price of $81.26 per share.
• This disposal was to cover tax obligations related to the vesting of restricted stock units.
• Following the transaction, Ms. Day directly owns 18,618.48 shares of Sempra common stock.
• She also indirectly owns 418.61 shares through a 401(k) savings plan.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of a stock transaction, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical executive stock transactions.
• Similar filings are made by executives at companies like NextEra Energy (NEE) and Duke Energy (DUK) when they have stock transactions.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a small sale of shares by an executive.

Key Dates

Keywords

Sempra, Diana L. Day, Form 4, stock transaction, insider trading, Chief Legal Counsel, common stock, tax obligations