Form 4: Sempra Director Michael N. Mears Reports Acquisition of Phantom Shares
SEC Form 4 Filing
Director Michael N. Mears reports acquiring phantom shares of Sempra common stock.
Summary
- Michael N. Mears, a director of Sempra, filed a Form 4 on May 14, 2025, reporting a transaction.
- The transaction involved the acquisition of 1,863.44 phantom shares of Sempra common stock on May 13, 2025.
- These shares are subject to forfeiture under certain conditions.
- Following the reported transaction, Mears beneficially owns 19,759.98 phantom shares, including 17,896.54 vested shares acquired as deferred compensation.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, so the sentiment is neutral.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the director's holdings.
Key Dates
| Date | Description |
|---|---|
| 05/13/2025 | Date of transaction: Acquisition of phantom shares |
| 05/14/2025 | Date of Form 4 filing |
Keywords
Form 4, Sempra, Director, Phantom Shares, Beneficial Ownership, Michael N. Mears
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