Form 4: Sempra Executive VP Karen Sedgwick Reports Acquisition of Phantom Shares
SEC Form 4 Filing
Executive VP and CFO of Sempra, Karen L. Sedgwick, reports the acquisition of 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 12, 2025.
- The report details the acquisition of 1,431.82 phantom shares of Sempra Common Stock on March 11, 2025, under Sempra's deferred compensation plan.
- The price per phantom share was $69.84, with a total acquisition cost of $100,000.
- Following the transaction, Sedgwick directly owns 6,325.78 shares of Sempra Common Stock.
- The phantom shares are payable in cash and can be transferred into an alternative investment account.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing an executive's compensation. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track executive compensation and potential alignment with shareholder interests.
Stakeholder Impact
- The acquisition of phantom shares impacts shareholders by potentially aligning executive compensation with company performance.
Key Dates
| Date | Description |
|---|---|
| 03/11/2025 | Date of transaction: Acquisition of phantom shares. |
| 03/12/2025 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.