Form 4: Sempra Executive Diana L. Day Reports Acquisition of Phantom Shares

Diana L. Day, Chief Legal Counsel of Sempra, reports the acquisition of phantom shares under the company's deferred compensation plan.

Summary

• Diana L. Day, Chief Legal Counsel at Sempra, filed a Form 4 on March 10, 2025, reporting a transaction.
• On March 7, 2025, Day acquired 287.75 phantom shares of Sempra Common Stock under Sempra's deferred compensation plan.
• The acquisition price was $69.51 per phantom share, with a total acquisition cost of $20,000.
• Following the transaction, Day directly owns 492.38 derivative securities.
• The phantom shares are payable in cash and can be transferred into an alternative investment account.
• The conversion rate for the derivative security is 1 for 1.
• The phantom shares are immediately exercisable and have no expiration date.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an executive's compensation. It doesn't inherently convey positive or negative sentiment.

Positives

• The acquisition of phantom shares by a company executive can be seen as a positive sign of confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's participation in a deferred compensation plan, a common practice among publicly traded companies.

Stakeholder Impact

• The acquisition of phantom shares by an executive could have a minor positive impact on shareholder sentiment, reflecting confidence in the company.

Key Dates