Form 4: Sempra Executive Peter R. Wall Reports Acquisition of Phantom Shares

Sempra's SVP, Controller and CAO, Peter R. Wall, reports acquiring phantom shares under the company's deferred compensation plan.

Summary

• Peter R. Wall, SVP, Controller and CAO of Sempra, filed a Form 4 detailing changes in beneficial ownership.
• The report indicates the acquisition of 1,194.13 phantom shares of Sempra Common Stock on May 13, 2025, under Sempra's deferred compensation plan.
• The price per phantom share was $75.37, resulting in a total acquisition cost of $90,000.
• These phantom shares are payable in cash and can be transferred into an alternative investment account.
• The phantom shares are immediately exercisable and have no expiration date.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction disclosure. The acquisition of phantom shares by an executive is generally viewed as a positive sign, but it's not a major event.

Positives

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

Industry Context

Executive compensation packages often include phantom shares as a way to align executive interests with shareholder value. This filing is a routine disclosure of such a transaction.

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 performance.

Key Dates

Keywords

Sempra, Peter R. Wall, phantom shares, deferred compensation plan, Form 4, beneficial ownership, executive compensation