Form 4: Sempra SVP, Controller and CAO Peter R. Wall Sells 6,100 Shares Under 10b5-1 Plan

Peter R. Wall, SVP, Controller and CAO of Sempra, sold 6,100 shares of common stock at an average price of $75.07 on June 18, 2024, under a pre-arranged 10b5-1 trading plan.

Summary

• On June 18, 2024, Peter R. Wall, the SVP, Controller and CAO of Sempra, sold 6,100 shares of Sempra common stock.
• The sale was executed at a weighted average price of $75.07 per share.
• The prices ranged from $75.06 to $75.08.
• The transaction was conducted under a pre-arranged trading plan pursuant to Rule 10b5-1(c).
• Following the transaction, Wall directly owns 14,751.32 shares of Sempra common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating an insider stock sale. The sale was conducted under a pre-arranged 10b5-1 trading plan, which suggests it was planned and doesn't necessarily reflect a negative sentiment towards the company's prospects.

Industry Context

Insider sales are a common occurrence and are often pre-planned, especially when executed under Rule 10b5-1 trading plans. These plans allow insiders to sell shares at predetermined times and prices to avoid accusations of trading on non-public information.

Stakeholder Impact

• The sale of shares by an insider could be perceived negatively by some shareholders, although the use of a 10b5-1 plan mitigates this concern.

Key Dates