Form 4: Sempra Executive Vice President Acquires Phantom Shares Under Deferred Compensation Plan

Justin Christopher Bird, Executive Vice President of Sempra, acquired 1,440.5 phantom shares of Sempra Common Stock under the company's deferred compensation plan on March 7, 2025.

Summary

• On March 7, 2025, Justin Christopher Bird, an Executive Vice President at Sempra, acquired 1,440.5 phantom shares of Sempra Common Stock.
• The acquisition was made under Sempra's deferred compensation plan.
• The price per phantom share was $69.51, resulting in a total acquisition cost of $100,124.
• These phantom shares are payable in cash and can be transferred into an alternative investment account.
• Following the transaction, Bird directly owns 16,628.87 shares of Sempra Common Stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing detailing an executive's acquisition of phantom shares under a deferred compensation plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track potential alignment of interests between management and shareholders. This transaction reflects standard executive compensation practices.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding executive compensation.
• The acquisition of phantom shares aligns the executive's interests with the company's performance.

Key Dates