Form 4: Sempra Executive Peter R. Wall Sells Shares Under 10b5-1 Plan

Sempra's SVP, Controller and CAO, Peter R. Wall, sold 3,923 shares of common stock at an average price of $83.01 per share on January 23, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Peter R. Wall, a Senior Vice President, Controller, and Chief Accounting Officer at Sempra, sold 3,923 shares of Sempra common stock on January 23, 2025.
• The sale was executed under a pre-arranged 10b5-1 trading plan.
• The average sale price was $83.01 per share, with individual prices ranging from $82.57 to $83.28.
• Following the transaction, Mr. Wall directly owns 11,866.59 shares of Sempra common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing of an executive stock sale under a pre-arranged plan, which is neither positive nor negative.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives to use 10b5-1 plans to sell shares to avoid accusations of trading on inside information.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies.
• The use of a 10b5-1 plan is a standard practice for executives to manage their stock holdings while avoiding potential insider trading issues.
• The reported transaction is consistent with typical Form 4 filings for similar companies.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the share price due to the pre-arranged nature of the sale.

Key Dates

Keywords

Sempra, insider trading, Form 4, stock sale, 10b5-1 plan, executive, Peter R. Wall