Form 4: Sempra Executive Vice President Justin Christopher Bird Reports Acquisition of Phantom Shares

Executive Vice President Justin Christopher Bird reports acquisition of phantom shares of Sempra Common Stock through a deferred compensation plan.

Summary

• On February 21, 2025, Justin Christopher Bird, an Executive Vice President at Sempra, acquired 33.98 phantom shares of Sempra Common Stock.
• The acquisition was made under the Sempra deferred compensation plan in connection with a deferral of a portion of salary.
• The price of the derivative security was $86.58.
• Following the reported transaction, Bird beneficially owns 15,188.36 derivative securities.
• The phantom shares are immediately exercisable and do not have an expiration date.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to executive compensation, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies like Sempra. It reflects the company's compensation policies and how executives are incentivized through equity-based compensation.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it relates to executive compensation and alignment of interests.
• The transaction has a positive impact on the executive as it is part of their compensation package.

Key Dates

Keywords

Sempra, Justin Christopher Bird, phantom shares, deferred compensation plan, Form 4, executive compensation, beneficial ownership