Form 4: Sempra EVP Justin Bird Reports Stock Transactions

Sempra Executive Vice President Justin Bird reported recent acquisitions and dispositions of common stock, including shares acquired at no cost and a sale to cover taxes.

Summary

• Justin Christopher Bird, Executive Vice President of Sempra, reported transactions involving the company's common stock.
• On January 27, 2026, Bird acquired 2,070.32 shares of Sempra common stock at a price of $0.00 per share, increasing his direct beneficial ownership to 21,608.83 shares.
• On the same date, Bird acquired an additional 2,854.64 shares of Sempra common stock at a price of $0.00 per share, further increasing his direct beneficial ownership to 24,463.48 shares.
• Also on January 27, 2026, Bird disposed of 1,703.97 shares of Sempra common stock at a price of $87.11 per share, resulting in a direct beneficial ownership of 22,759.51 shares. This disposition is typically associated with tax withholding for equity awards.
• Bird also holds 4,722.1 shares indirectly through a 401(k) savings plan as of January 27, 2026.
• The transactions were made pursuant to a Rule 10b5-1(c) plan.

Sentiment

Score: 5

Explanation: Neutral. This is a routine insider transaction report detailing equity compensation and a corresponding tax-related sale, which is a standard occurrence for executives and does not inherently suggest positive or negative company performance.

Positives

• Executive Vice President Justin Bird acquired a total of 4,924.96 shares of Sempra common stock at no cost, indicating receipt of equity compensation.
• The transactions were conducted under a Rule 10b5-1(c) plan, suggesting pre-planned and automated transactions rather than discretionary trading.

Negatives

• Bird disposed of 1,703.97 shares of common stock at $87.11, which represents a sale of company stock.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, as it primarily reports past insider transactions.

Industry Context

Sempra is a major energy infrastructure company. Insider transactions like these are routine for executives receiving equity compensation, reflecting standard practices in the utility and energy sector for executive incentives and tax planning.

Related Party Transactions

• The transactions involve an executive (Justin Christopher Bird) and the company (Sempra), which are inherently related party but represent standard equity compensation and tax-related sales.

Stakeholder Impact

• Shareholders: Minor dilution from equity awards, but also aligns executive interests with shareholder value. The sale is a small percentage of total holdings and is for tax purposes.
• Employees: No direct impact on general employees.

Key Dates

Recommendation

This Form 4 filing details routine equity compensation awards and a corresponding tax-related sale by an executive. Such transactions are common and pre-planned under Rule 10b5-1, and do not typically indicate a change in the company's fundamental outlook or warrant a change in investment recommendation based solely on this filing. The net effect on the executive's direct holdings is an increase, which is generally positive for alignment.

Keywords

Sempra, SRE, Justin Bird, Insider Trading, Form 4, Stock Transaction, Equity Compensation, Executive Vice President, Rule 10b5-1