Form 4: Sempra Director Michael N. Mears Reports Acquisition of Phantom Shares
SEC Form 4 Filing
Director Michael N. Mears reports acquiring 174.68 phantom shares of Sempra common stock as director compensation on April 1, 2025.
Summary
- On April 1, 2025, Michael N. Mears, a director of Sempra, acquired 174.68 phantom shares of Sempra common stock.
- The acquisition was part of director compensation.
- The price per share was $71.56.
- Following the transaction, Mears beneficially owns 17,734.93 phantom shares, including 1,679.16 unvested restricted phantom shares.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a director's compensation in the form of phantom shares, which is a common practice in corporate governance.
Stakeholder Impact
- The acquisition of phantom shares by a director aligns their interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: Acquisition of phantom shares. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Sempra, Director, Michael N. Mears, Phantom Shares, Director Compensation, Form 4, SEC Filing
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