Form 4: Sempra Director Acquires Phantom Shares

Director James C. Yardley acquired phantom shares of Sempra Common Stock as part of his director compensation.

Summary

• James C. Yardley, a Director at Sempra, acquired 128.32 phantom shares on April 1, 2026.
• These phantom shares were acquired as director compensation and are convertible on a 1-for-1 basis into Sempra Common Stock.
• The acquisition was made under a written plan intended to satisfy Rule 10b5-1(c) affirmative defense conditions.
• Following this transaction, Yardley beneficially owns 41,069.27 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 strategic event or financial performance indicator.

Positives

• Director compensation is being utilized, indicating ongoing engagement and alignment with the company.
• The acquisition was made under a Rule 10b5-1(c) plan, suggesting a pre-determined and structured approach to stock transactions.

Negatives

• The filing does not contain information that would be considered negative.

Risks

• 1,906.10 unvested restricted phantom shares are subject to forfeiture if service as a director terminates prior to vesting for reasons other than death, disability, or removal without cause.

Future Outlook

The filing does not contain forward-looking statements or guidance.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into executive and director stock activity within the energy utility sector.

Stakeholder Impact

• Shareholders: Increased transparency into director compensation and stock ownership.

Key Dates

Keywords

Sempra, Director Compensation, Phantom Shares, Form 4, Insider Trading, SEC Filing, Stock Acquisition