Form 4: Sempra Director Andres Conesa Acquires Phantom Shares as Compensation

Director Andres Conesa acquired phantom shares of Sempra common stock as part of director compensation on October 1, 2024.

Summary

• On October 1, 2024, Andres Conesa, a director of Sempra, acquired 148.95 phantom shares of Sempra Common Stock as director compensation.
• The price per share was $83.92.
• Following the transaction, Conesa directly owns 10,131 shares.
• The phantom shares are immediately exercisable upon vesting and do not have an expiration date.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of a director's compensation in the form of phantom shares. It doesn't inherently indicate positive or negative sentiment, but rather a standard business practice.

Positives

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

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders, such as directors and officers, trade in their company's stock. These filings provide transparency to the market regarding insider activity.

Stakeholder Impact

• The acquisition of shares by a director can positively influence shareholder confidence.

Key Dates