Form 4: Sempra Legal Counsel Sells Shares for Tax Obligations

Sempra's Chief Legal Counsel, Diana L. Day, reported a disposition of 9.4 shares of common stock to cover tax withholding obligations at a price of $91.77 per share.

Summary

• Diana L. Day, Chief Legal Counsel of Sempra (SRE), reported a transaction involving the company's common stock.
• On January 15, 2026, Ms. Day disposed of 9.4 shares of Sempra common stock.
• The disposition was made at a price of $91.77 per share.
• This transaction was identified as a disposition to the issuer to satisfy tax withholding obligations, indicated by transaction code 'F'.
• The transaction was made pursuant to a Rule 10b5-1(c) plan.
• Following this transaction, Ms. Day directly beneficially owns 25,082.28 shares of Sempra common stock.
• Additionally, Ms. Day indirectly beneficially owns 418.61 shares through a 401(k) Savings Plan.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine, pre-planned insider transaction for tax purposes, which does not typically indicate a positive or negative outlook for the company.

Positives

• The transaction was executed under a Rule 10b5-1(c) plan, indicating a pre-arranged and transparent disposition, often used for tax planning.

Negatives

• A small reduction in direct beneficial ownership by a key executive, though this is a routine tax-related transaction.

Future Outlook

No specific forward-looking statements or guidance were provided in this Form 4 filing, as it primarily reports an insider transaction.

Industry Context

This filing represents a routine insider transaction for tax purposes by an executive at a major utility company. Such transactions are common across all industries and typically do not reflect a change in the company's strategic direction or financial health.

Comparison to Industry Standards

• Dispositions of shares to cover tax withholding obligations are a standard practice for executives receiving equity compensation across publicly traded companies, aligning with typical corporate governance and compensation structures in the utility sector and broader market.

Stakeholder Impact

• Shareholders: Minimal impact due to the small number of shares involved in a routine tax-related transaction.
• Employees: No direct impact on employees.

Key Dates

Keywords

Sempra, SRE, Insider Trading, Form 4, Stock Disposition, Executive Compensation, Tax Withholding, Rule 10b5-1