Form 4: Sempra EVP Sells 6,000 Shares Under 10b5-1 Plan

Sempra Executive Vice President Caroline Ann Winn reported the sale of 6,000 shares of common stock over two days in November 2025, executed under a Rule 10b5-1 trading plan.

Summary

• Caroline Ann Winn, Executive Vice President of Sempra, reported the sale of 6,000 shares of Sempra common stock.
• The transactions occurred on November 18, 2025, and November 19, 2025.
• On November 18, 2025, 5,500 shares were sold at a weighted average price of $91.58 per share, with actual prices ranging from $91.47 to $91.70.
• On November 19, 2025, 500 shares were sold at a price of $91.70 per share.
• These sales were conducted pursuant to a Rule 10b5-1(c) trading plan.
• Following these transactions, Winn directly beneficially owns 33,664.09 shares and indirectly owns 11,164.01 shares through a 401(k) savings plan.

Sentiment

Score: 5

Explanation: The filing reports insider sales by an Executive Vice President. While insider selling can sometimes be viewed negatively, the transactions were conducted under a Rule 10b5-1 trading plan, which suggests they were pre-scheduled and not indicative of new, adverse information about the company. This context makes the sentiment neutral rather than strongly negative.

Positives

• The sales were executed under a Rule 10b5-1 trading plan, indicating pre-scheduled transactions rather than a reaction to new, non-public information.

Negatives

• An Executive Vice President sold a total of 6,000 shares of company common stock.
• Insider selling, even under a 10b5-1 plan, can sometimes be perceived negatively by the market as it reduces management's direct equity stake.

Future Outlook

NA

Industry Context

NA

Stakeholder Impact

• Shareholders: The sale of shares by an executive slightly reduces management's direct alignment with shareholder interests, though the 10b5-1 plan mitigates concerns about opportunistic selling.

Key Dates

Recommendation

The filing reports routine insider sales executed under a pre-arranged 10b5-1 plan. This type of transaction is generally not considered a strong signal for either buying or selling the stock, as it reflects personal financial planning rather than a change in the company's fundamental outlook. Therefore, a "hold" recommendation is appropriate, maintaining current positions while awaiting more substantive company news.

Keywords

Sempra, SRE, Insider Trading, Form 4, Stock Sale, Executive Vice President, Caroline Ann Winn, 10b5-1 Plan, Beneficial Ownership