Form 4: Sempra Director Pablo Ferrero Reports Acquisition of Phantom Shares
SEC Form 4 Filing
Director Pablo Ferrero reports acquiring phantom shares of Sempra Common Stock as part of director compensation.
Summary
- On January 2, 2025, Pablo Ferrero, a director of Sempra, reported acquiring 143.46 phantom shares of Sempra Common Stock.
- These shares were acquired as part of director compensation.
- The price of the derivative security is $87.13.
- Following the reported transaction, Ferrero beneficially owns 14,670.45 shares of Sempra Common Stock directly.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as it reflects standard director compensation practices, indicating alignment of interests with shareholders.
Positives
- The acquisition of phantom shares as director compensation aligns the director's interests with those of the shareholders.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The acquisition of phantom shares by a director can positively impact shareholders by aligning management's interests with theirs.
Key Dates
| Date | Description |
|---|---|
| 01/02/2025 | Date of transaction: Acquisition of phantom shares. |
| 01/03/2025 | Date of signature for the Form 4 filing. |
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