Form 4: Sempra Director Jack Taylor Acquires Phantom Shares

Sempra Director Jack T. Taylor acquired 139.34 phantom shares as part of his director compensation, increasing his total beneficial ownership to 41,236.46 shares.

Summary

• Jack T. Taylor, a Director of Sempra (SRE), acquired 139.34 phantom shares of Sempra Common Stock.
• The acquisition occurred on January 2, 2026, as director compensation.
• The phantom shares were acquired at a price of $89.71 per share.
• Following this transaction, Jack T. Taylor beneficially owns a total of 41,236.46 derivative securities (phantom shares).
• This total includes 1,892.82 unvested restricted phantom shares, which are subject to forfeiture if service as a director terminates prior to vesting for reasons other than death, disability, or removal without cause.
• The conversion of derivative security (phantom shares) to common stock is on a 1-for-1 basis.
• The date exercisable for vested shares is immediate, and the expiration date is not applicable.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it reflects routine director compensation, aligning management interests with shareholders, without indicating any unusual or concerning activity.

Positives

• The acquisition of phantom shares by a director aligns their interests with those of shareholders, as their compensation is tied to the company's stock performance.

Risks

• 1,892.82 unvested restricted phantom shares are subject to forfeiture if the director's service terminates prior to vesting for any reason other than death, disability, or removal without cause.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• The acquisition of phantom shares by Jack T. Taylor, a director, constitutes a transaction with a related party (company director) as part of his compensation package.

Stakeholder Impact

• Shareholders may view the director's increased beneficial ownership as a positive sign of alignment with long-term company performance.

Key Dates

Keywords

Sempra, SRE, Jack T. Taylor, Director Compensation, Phantom Shares, Insider Transaction, SEC Form 4, Equity Compensation