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

Executive Vice President Justin Christopher Bird reports the acquisition of 35.81 phantom shares of Sempra Common Stock through a deferred compensation plan.

Summary

• On February 7, 2025, Justin Christopher Bird, an Executive Vice President at Sempra, acquired 35.81 phantom shares of Sempra Common Stock.
• The acquisition was made under the Sempra deferred compensation plan as a result of deferring a portion of his salary.
• The price of the phantom shares was $82.16.
• Following the transaction, Bird directly owns 15,154.38 phantom shares.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of phantom shares by an executive suggests confidence in the company's future, but it's a routine transaction.

Positives

• The acquisition of phantom shares through a deferred compensation plan can be seen as a positive sign, indicating the executive's confidence in the company's future performance.

Industry Context

Executive compensation through deferred compensation plans and phantom shares is a common practice in publicly traded companies, aligning executive interests with shareholder value.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive compensation with company performance.

Key Dates