Form 4: Sempra SVP Reports Stock Acquisitions & Tax-Related Sale

Sempra's SVP of Corporate Affairs and HR, Lisa Larroque Alexander, reported the acquisition of 1,666.21 shares and the disposition of 577.2 shares for tax purposes.

Summary

• Lisa Larroque Alexander, SVP, Corporate Affairs and HR at Sempra (SRE), reported multiple transactions on January 27, 2026.
• Alexander acquired 700.43 shares of Common Stock at a price of $0.
• An additional 965.78 shares of Common Stock were acquired at a price of $0.
• Alexander disposed of 577.2 shares of Common Stock at a price of $87.11, with the transaction coded as 'F', indicating it was for the payment of exercise price or tax liability.
• Following these transactions, Alexander directly beneficially owns 16,785.45 shares of Sempra Common Stock.

Sentiment

Score: 6

Explanation: The sentiment is moderately positive due to the net increase in beneficial ownership (1,666.21 acquired vs 577.2 disposed) by a senior executive, even though the disposition was for tax purposes. This indicates continued alignment of executive interests with shareholders.

Positives

• Acquisition of a net 1,089.01 shares (1,666.21 acquired minus 577.2 disposed) by a Senior Vice President, indicating continued equity ownership and alignment with shareholder interests.
• The acquisitions were at a $0 price, suggesting they were likely grants or awards, which are common forms of executive compensation.

Negatives

• Disposition of 577.2 shares, although for tax purposes, reduces the direct beneficial ownership.

Risks

• NA

Future Outlook

NA

Industry Context

Insider transactions, such as those reported in a Form 4, provide transparency into the equity holdings and compensation activities of a company's executives. While acquisitions at $0 often represent equity grants as part of compensation, dispositions for tax purposes are a routine event following such grants or vesting of restricted stock units.

Comparison to Industry Standards

• NA

Stakeholder Impact

• Shareholders: The net increase in shares held by a senior executive may be viewed positively as it aligns management's interests with those of shareholders, suggesting confidence in the company's future.

Next Steps

• NA

Key Dates

Recommendation

The filing reports routine insider transactions, primarily stock grants and a tax-related sale, which are common for executive compensation. While the net increase in shares held by a senior executive is a positive signal of alignment, these transactions alone do not provide sufficient new information to warrant a change in investment recommendation. Investors should consider broader company fundamentals and market conditions.

Keywords

Sempra, SRE, Insider Trading, Form 4, Stock Transaction, Executive Compensation, Lisa Larroque Alexander, Common Stock, Share Acquisition, Tax Withholding