Form 4: Sempra Director Acquires Phantom Shares

Sempra director Pablo Ferrero acquired phantom shares as part of his director compensation, with the transaction date noted as July 1, 2026.

Summary

• Pablo Ferrero, a Director at Sempra, acquired 136.81 phantom shares on July 1, 2026.
• These phantom shares were acquired as part of his director compensation.
• The phantom shares are convertible into Sempra Common Stock on a 1-for-1 basis.
• The shares are immediately exercisable upon vesting.
• Following the transaction, Ferrero beneficially owns 16,258.01 shares directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine director compensation transaction rather than a significant financial event or strategic shift.

Positives

• Director compensation is being utilized to align management with shareholder interests through equity.
• The acquisition of phantom shares indicates continued engagement and commitment from a director.

Future Outlook

No specific future outlook or guidance is provided in this filing, as it pertains to a director's compensation 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 link executive rewards with long-term company performance and stock value.

Stakeholder Impact

• Shareholders: The acquisition of phantom shares by a director can be seen as a positive alignment of interests, as the director's compensation is tied to the company's stock performance.

Key Dates

Keywords

Sempra, SRE, Form 4, Director Compensation, Phantom Shares, Beneficial Ownership, Securities Exchange Act