Form 4: Sempra Director Richard J. Mark Reports Acquisition of Phantom Shares

Director Richard J. Mark reports acquiring phantom shares of Sempra common stock as part of director compensation.

Summary

• Richard J. Mark, a director of Sempra, filed a Form 4 on October 2, 2024, reporting a transaction that occurred on October 1, 2024.
• The transaction involved the acquisition of 148.95 phantom shares of Sempra common stock as director compensation.
• The price per share was $83.92.
• Following the transaction, Mark directly owns 911.84 shares.
• The phantom shares are immediately exercisable upon vesting and do not have an expiration date.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to director compensation. The acquisition of shares by a director is generally viewed as a positive, but it's not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

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 shares by a director can have a minor positive impact on shareholder sentiment.

Key Dates