Form 4: Sempra Director Cynthia J. Warner Reports Acquisition of Phantom Shares

Director Cynthia J. Warner reports acquiring phantom shares of Sempra common stock as part of director compensation.

Summary

• On April 1, 2025, Cynthia J. Warner, a director of Sempra, acquired 405.25 phantom shares of Sempra common stock.
• These shares were acquired as part of director compensation.
• The price of the derivative security was $71.56.
• Following the transaction, Warner directly owns 9,967.52 shares.
• The phantom shares are convertible to common stock on a 1-for-1 basis and are immediately exercisable upon vesting.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, neither particularly positive nor negative.

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 standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of phantom shares by a director aligns their interests with shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates

Keywords

Sempra, Director Compensation, Phantom Shares, Form 4, Beneficial Ownership, Cynthia J. Warner