Form 4: Sempra Executive Vice President Justin Bird Reports Stock Transaction

Executive Vice President of Sempra, Justin Bird, reports a disposition of 11.9 shares of common stock to cover tax obligations.

Summary

• Justin Bird, an Executive Vice President at Sempra, reported a transaction involving the company's common stock.
• On January 15, 2025, Mr. Bird disposed of 11.9 shares of common stock at a price of $81.26 per share.
• This transaction was to cover tax obligations related to vesting of shares.
• Following the transaction, Mr. Bird directly owns 10,833.55 shares and indirectly owns 4,540.23 shares through a 401(k) savings plan.

Sentiment

Score: 5

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

Industry Context

This is a routine filing related to insider transactions and is common for executives of publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical executive stock transactions.
• Similar filings are made by executives at companies like NextEra Energy (NEE) and Duke Energy (DUK) when they have stock transactions.

Stakeholder Impact

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

Key Dates

Keywords

Sempra, Executive Vice President, Justin Bird, stock transaction, Form 4, insider trading, common stock, tax obligations