Form 4: Sempra Director Pablo Ferrero Reports Acquisition of Phantom Shares
SEC Form 4 Filing
Director Pablo Ferrero reports acquiring 166.73 phantom shares of Sempra common stock as part of director compensation on July 1, 2024.
Summary
- On July 1, 2024, Pablo Ferrero, a director of Sempra, acquired 166.73 phantom shares of Sempra common stock.
- The acquisition was part of director compensation.
- The price of the phantom shares was $74.97.
- Following the transaction, Ferrero directly owns 14,159.04 shares of Sempra common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates director compensation in the form of phantom shares, a common practice.
Stakeholder Impact
- The acquisition of phantom shares by a director aligns their interests with those of the shareholders.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of transaction: Pablo Ferrero acquired phantom shares. |
| 07/02/2024 | Date of report filing. |
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