Form 4: Sempra Director Jack T. Taylor Reports Acquisition of Phantom Shares

Director Jack T. Taylor reports acquiring phantom shares of Sempra Common Stock as part of director compensation.

Summary

• On October 1, 2024, Jack T. Taylor, a director of Sempra, acquired 148.95 phantom shares of Sempra Common Stock.
• The acquisition was part of director compensation.
• The price per share was $83.92.
• Following the transaction, Taylor beneficially owns 37,073.75 shares, including 1,654.36 unvested restricted phantom shares.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing regarding a director's compensation. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

Industry Context

This filing is a routine disclosure related to director compensation in the form of phantom shares, a common practice among publicly traded companies.

Comparison to Industry Standards

• Director compensation packages often include a mix of cash, stock options, and restricted stock units or phantom shares.
• The specifics of these packages vary widely based on company size, industry, and individual contributions.
• Comparing Sempra's director compensation to peers like Southern Company, Duke Energy, or NextEra Energy would provide a better understanding of its relative competitiveness.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.
• It provides transparency regarding director compensation, which is of interest to shareholders.

Key Dates