Form 4: Sempra Executive Peter R. Wall Reports Stock Disposal

Sempra's SVP, Controller and CAO, Peter R. Wall, disposed of 16.65 shares of common stock on January 15, 2025, to cover tax obligations.

Summary

• Peter R. Wall, a Senior Vice President, Controller, and Chief Accounting Officer at Sempra, reported a transaction involving the disposal of company stock.
• On January 15, 2025, Mr. Wall disposed of 16.65 shares of Sempra common stock.
• The disposal was executed at a price of $81.26 per share.
• The transaction was categorized under code 'F', which typically indicates a disposition to cover tax obligations related to vesting of stock or equity awards.
• Following the transaction, Mr. Wall's direct ownership of Sempra common stock is 15,789.59 shares.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an executive's stock transaction, which is neither positive nor negative for the company's outlook.

Industry Context

This is a routine filing related to executive stock transactions and is common for publicly traded companies. It does not indicate any specific trend or issue within the industry.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and Sempra's filing is consistent with these requirements.
• The transaction is a common occurrence for executives who receive stock-based compensation, and the disposal to cover tax obligations is a typical reason for such transactions.
• Other companies in the utility sector, such as NextEra Energy and Duke Energy, also have similar filings when their executives trade company stock.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine disposal of shares by an executive.

Key Dates

Keywords

Sempra, Stock Disposal, Form 4, Insider Trading, Peter R. Wall, Executive Compensation, Equity, Tax Obligations