Form 4: Sempra Director Acquires Phantom Shares

Sempra director Richard J. Mark acquired phantom shares as part of his director compensation, with details of the transaction filed with the SEC.

Summary

• Richard J. Mark, a Director at Sempra Energy (SRE), acquired phantom shares on July 1, 2026.
• These phantom shares were acquired as part of his director compensation.
• The acquisition involved 136.81 phantom shares, which are equivalent to Sempra Common Stock on a 1-for-1 basis.
• The value of these shares at the time of acquisition was $91.37 per share, totaling an acquisition value of $12,500.78 (136.81 shares * $91.37/share).
• Following this transaction, Mark beneficially owns 2,005.78 shares of Sempra Common Stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports a routine director compensation transaction without significant financial or strategic implications.

Positives

• Director compensation is being utilized to align management interests with shareholders through equity-like instruments.
• The acquisition of phantom shares indicates continued confidence and participation in the company's equity by a director.

Future Outlook

This filing does not contain forward-looking statements or guidance. It is a report of a past transaction.

Industry Context

StockSavvy.ai notes that the use of phantom shares for director compensation is a common practice in the utility and energy sector, aiming to align executive interests with long-term shareholder value by mirroring stock performance without immediate equity dilution.

Related Party Transactions

• Acquisition of phantom shares by Director Richard J. Mark as part of his director compensation.

Stakeholder Impact

• Shareholders: The transaction reflects standard director compensation practices and does not immediately impact share count or ownership structure in a significant way, but aligns director interests with stock performance.
• Employees: No direct impact mentioned.
• Creditors: No direct impact mentioned.
• Suppliers: No direct impact mentioned.
• Customers: No direct impact mentioned.

Key Dates

Keywords

Sempra Energy, SRE, Form 4, Director Compensation, Phantom Shares, Beneficial Ownership, SEC Filing, Insider Transaction