Form 4: Sempra Executive Sells Shares Under 10b5-1 Plan

Sempra Executive Vice President Justin Christopher Bird sold 1,128 shares of common stock for $96.69 per share on April 1, 2026, under a pre-arranged 10b5-1 trading plan.

Summary

• Justin Christopher Bird, Executive Vice President of Sempra, reported a transaction involving the company's common stock.
• On April 1, 2026, Mr. Bird disposed of 1,128 shares of Sempra Common Stock.
• The shares were sold at a price of $96.69 per share.
• This transaction was executed pursuant to a Rule 10b5-1(c) trading plan, which Mr. Bird established on September 18, 2024.
• Following this transaction, Mr. Bird directly owns 21,631.51 shares and indirectly owns 4,722.09 shares through a 401(k) savings plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. Insider sales under a pre-established 10b5-1 plan are routine and do not typically signal a change in company fundamentals or executive sentiment.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales under Rule 10b5-1 plans are common practice for executives to diversify holdings and manage liquidity without concerns of trading on material non-public information. This transaction is a routine event and does not necessarily reflect a change in Sempra's operational outlook or the executive's confidence in the company, as the plan was established well in advance.

Stakeholder Impact

• Shareholders: A routine insider sale under a 10b5-1 plan is generally not expected to have a significant direct impact on shareholders, as it's a pre-scheduled event for personal financial planning.

Key Dates

Recommendation

The filing reports a routine insider stock sale executed under a pre-arranged 10b5-1 plan. Such transactions are typically for personal financial planning and diversification, not an indication of a change in the company's fundamental outlook or the executive's confidence. Therefore, it does not provide new information to warrant a change in investment stance, suggesting a 'hold' recommendation based solely on this filing.

Keywords

Sempra, SRE, Insider Trading, Form 4, Stock Sale, Executive Compensation, 10b5-1 Plan, Justin Christopher Bird