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

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

Summary

• Diana L. Day, Chief Legal Counsel of Sempra, filed a Form 4 detailing changes in beneficial ownership.
• On March 10, 2025, Day acquired 293.55 phantom shares of Sempra Common Stock under Sempra's deferred compensation plan.
• The acquisition price was $68.13 per phantom share, with a total acquisition cost of $20,000.
• Following the transaction, Day directly owns 785.92 derivative securities.
• The phantom shares are payable in cash and can be transferred into an alternative investment account.
• The derivative security conversion rate 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 is neutral in sentiment.

Positives

• The acquisition of phantom shares under the deferred compensation plan aligns the executive's interests with the company's 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 aligns the executive's interests with shareholders, potentially incentivizing performance.

Key Dates