Form 4: Sempra Executive Acquires Phantom Shares Under Deferred Compensation Plan

Lisa Larroque Alexander, SVP of Corporate Affairs and HR at Sempra, acquired 733.86 phantom shares of Sempra Common Stock under the company's deferred compensation plan on March 10, 2025.

Summary

• On March 10, 2025, Lisa Larroque Alexander, a Senior Vice President at Sempra, acquired 733.86 phantom shares of Sempra Common Stock.
• The acquisition was made under Sempra's deferred compensation plan.
• The price per phantom share was $68.13, resulting in a total acquisition cost of $50,000.
• These phantom shares are payable in cash and can be transferred into an alternative investment account.
• The reporting person now beneficially owns 733.86 derivative securities.

Sentiment

Score: 6

Explanation: The document is neutral in sentiment as it reports a standard executive compensation transaction. It doesn't indicate any positive or negative outlook for the company.

Positives

• The acquisition of phantom shares by a company executive demonstrates confidence in the company's future performance.

Future Outlook

Not applicable.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency into the investment activities of company executives. It is common for executives to receive compensation in the form of stock or stock-based awards, aligning their interests with those of shareholders.

Stakeholder Impact

• The acquisition of phantom shares by an executive can have a minor positive impact on shareholder sentiment, as it signals confidence in the company's future.

Key Dates