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

• On March 11, 2025, Diana L. Day, Chief Legal Counsel of Sempra, acquired 286.36 phantom shares of Sempra Common Stock.
• The acquisition was made under Sempra's deferred compensation plan at a price of $69.84 per phantom share, totaling $20,000.
• Following the transaction, Ms. Day directly owns 1,072.29 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: 6

Explanation: Neutral sentiment as it's a routine disclosure of executive compensation. The acquisition of shares can be seen as a positive sign, but it's part of a pre-existing plan.

Positives

• The acquisition of phantom shares by a key executive demonstrates confidence in the company's future performance.
• The deferred compensation plan provides an incentive for executives to remain with the company.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be an indicator of management's sentiment towards the company's prospects.

Stakeholder Impact

• The acquisition of phantom shares by an executive could be viewed positively by shareholders as it aligns management's interests with theirs.

Key Dates