Form 4: Sempra Executive VP and CFO Karen L. Sedgwick Reports Acquisition of Phantom Shares

Karen L. Sedgwick, Executive VP and CFO of Sempra, reports the acquisition of 1,467.73 phantom shares under the company's deferred compensation plan.

Summary

• Karen L. Sedgwick, Executive VP and CFO of Sempra, filed a Form 4 on March 11, 2025, reporting a transaction.
• On March 10, 2025, Sedgwick acquired 1,467.73 phantom shares of Sempra Common Stock under Sempra's deferred compensation plan.
• The price per phantom share was $68.13, with a total acquisition cost of $100,000.
• Following the transaction, Sedgwick directly owns 4,893.95 shares of Sempra Common Stock.
• The phantom shares are payable in cash and may be transferred into an alternative investment account.
• The conversion rate for the derivative security is 1 for 1.
• The phantom shares are immediately exercisable and have no expiration date.

Sentiment

Score: 6

Explanation: The document is a standard regulatory filing detailing an executive's compensation. It doesn't contain overtly positive or negative information, hence a neutral sentiment score.

Positives

• The acquisition of phantom shares by a key executive could be seen as a positive sign of confidence in the company's future performance.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the beneficial ownership of Sempra securities by a key executive.

Stakeholder Impact

• The acquisition of phantom shares by an executive may have a minor positive impact on shareholder sentiment.

Key Dates