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

Director Richard J. Mark reported the acquisition of phantom shares of Sempra Common Stock as part of director compensation on April 1, 2024.

Summary

• Richard J. Mark, a director of Sempra, reported acquiring 175.17 phantom shares of Sempra Common Stock on April 1, 2024.
• The acquisition was part of director compensation.
• The price per share is $71.36.
• Following the transaction, Mark directly owns 587.61 phantom shares.
• The phantom shares vest immediately and do not have an expiration date.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing a standard compensation practice. It doesn't contain information that would significantly sway investor sentiment positively or negatively.

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 and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The acquisition of phantom shares aligns the director's interests with those of the shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates