Form 4: Sempra Director Andres Conesa Reports Acquisition of Phantom Shares as Director Compensation

Director Andres Conesa reports acquiring 166.73 phantom shares of Sempra common stock as part of director compensation on July 1, 2024.

Summary

• On July 1, 2024, Andres Conesa, a director of Sempra, acquired 166.73 phantom shares of Sempra common stock.
• The acquisition was part of director compensation.
• The price of the phantom shares was $74.97.
• Following the transaction, Conesa directly owns 9,903.19 shares.
• The phantom shares are convertible to common stock on a 1-for-1 basis and are immediately exercisable once vested.
• The expiration date is not applicable.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to director compensation, and does not contain information that would significantly impact sentiment.

Positives

• The acquisition of phantom shares as director compensation aligns the director's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their transactions in the company's stock.

Stakeholder Impact

• The acquisition of phantom shares as director compensation aligns the director's interests with those of the shareholders.

Key Dates