Form 4: Sempra Director Cynthia Warner Reports Acquisition of Phantom Shares
SEC Form 4 Filing
Director Cynthia Warner reports acquiring phantom shares of Sempra common stock.
Summary
- On May 13, 2025, Cynthia J. Warner, a director of Sempra, acquired 1,863.44 phantom shares of Sempra common stock.
- These shares are subject to forfeiture if her service as a director terminates before Sempra's 2026 Annual Shareholders Meeting, unless due to death, disability, or removal without cause.
- Vested phantom shares, along with reinvested dividend equivalents, will be paid in cash following separation of service.
- Warner directly owns 11,918.96 phantom shares, including 10,055.52 vested shares acquired as deferred compensation.
Sentiment
Score: 5
Explanation: This is a routine disclosure of a director's acquisition of phantom shares, neither particularly positive nor negative.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's continued investment in the company's stock, albeit in phantom form.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Acquisition of phantom shares |
| 05/14/2025 | Date of report filing |
Keywords
Sempra, Director, Phantom Shares, Beneficial Ownership, Form 4, Warner, Acquisition
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