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

Director Cynthia Warner reports acquiring phantom shares of Sempra common stock as director compensation on January 2, 2025.

Summary

• On January 2, 2025, Cynthia J. Warner, a director of Sempra, acquired 332.84 phantom shares of Sempra common stock.
• The acquisition was part of director compensation.
• The price per share is $87.13.
• Following the transaction, Warner directly owns 9,493.25 phantom 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 neutral regulatory filing. It doesn't convey any positive or negative sentiment about the company's performance or prospects.

Positives

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

Future Outlook

The document does not contain any specific forward-looking statements regarding Sempra's future performance.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency regarding the holdings of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves phantom shares granted as part of director compensation.

Key Dates