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

Executive Vice President Justin Christopher Bird reports acquisition of 35.52 phantom shares of Sempra Common Stock through a deferred compensation plan.

Summary

• On January 24, 2025, Justin Christopher Bird, an Executive Vice President at Sempra, acquired 35.52 phantom shares of Sempra Common Stock.
• The acquisition was made under the Sempra deferred compensation plan as a result of deferring a portion of salary.
• The price of the derivative security was $82.84.
• Following the transaction, Bird directly owns 15,118.57 derivative securities.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to executive compensation. The acquisition of phantom shares is neither overwhelmingly positive nor negative.

Positives

• The acquisition of phantom shares through a deferred compensation plan can be seen as a positive sign, indicating the executive's commitment to the company's long-term success.

Industry Context

Executive compensation and stock ownership are common practices in publicly traded companies like Sempra. Form 4 filings provide transparency into these transactions, allowing investors to track insider activity.

Stakeholder Impact

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

Key Dates