Southern California Gas Co (SOCGM) files Form 3 for COO Ross W. Turrini
Rhea-AI Filing Summary
Southern California Gas Co filed an initial statement of beneficial ownership for Ross W. Turrini, who is identified as Chief Operating Officer. The Form 3 does not report any specific securities holdings or transactions at this time and notes an exhibit for a Power of Attorney.
Positive
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Key Terms
Form 3, beneficial ownership, Power of Attorney
3 terms
Form 3 regulatory
"Southern California Gas Co filed an initial statement of beneficial ownership for Ross W. Turrini"
Form 3 is the initial public filing that officers, directors and large shareholders must submit to report their ownership of a company’s securities when they become insiders. It acts like an opening inventory sheet that gives investors a starting point to see who holds significant stakes and to spot later trades or potential conflicts of interest, helping assess insider confidence and transparency.
beneficial ownership financial
"filed an initial statement of beneficial ownership for Ross W. Turrini"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
Power of Attorney regulatory
"remarks reference an exhibit list including Exhibit 24 - Power of Attorney"
A power of attorney is a legal document that allows one person to make decisions and act on behalf of another person, often in financial or legal matters. It’s like giving someone a trusted helper or agent the authority to handle important tasks if you are unable to do so yourself. This matters to investors because it can impact how their assets are managed or transferred if they become unable to oversee their affairs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the SOCGM Form 3 filing for Ross W. Turrini report?
The Form 3 for SOCGM identifies Ross W. Turrini as Chief Operating Officer and initial reporting person, but it does not list any specific security holdings or transactions in this filing.
What insider role is disclosed in the SOCGM Form 3?
The SOCGM Form 3 states that Ross W. Turrini is an officer of Southern California Gas Co, with the title Chief Operating Officer, triggering ongoing beneficial ownership reporting obligations.
Are there any insider transactions in the SOCGM Form 3 for Ross W. Turrini?
The SOCGM Form 3 shows no reported transactions. Transaction counts, including buys, sells, and derivative exercises, are all zero in the transaction summary section.
What additional document is referenced in the SOCGM Form 3 remarks?
The remarks reference an exhibit list including Exhibit 24 - Power of Attorney, indicating an authorization related to signing or filing documents on behalf of the reporting person.