STOCK TITAN

Sempra (SRE) director receives 128.32 phantom shares as compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Kirk Jennifer M reported acquisition or exercise transactions in this Form 4 filing.

Sempra director Jennifer M. Kirk received a grant of 128.32 phantom shares of Sempra common stock as director compensation at a reference price of $97.41 per share. Following this award, she holds a total of 4,832.43 phantom shares, which are convertible into common stock on a 1-for-1 basis.

The total includes 1,906.10 unvested restricted phantom shares that can be forfeited if her service as a director ends before vesting for reasons other than death, disability or removal without cause.

Positive

  • None.

Negative

  • None.
Insider Kirk Jennifer M
Role Director
Type Security Shares Price Value
Grant/Award Phantom Shares 128.32 $97.41 $12K
Holdings After Transaction: Phantom Shares — 4,832.43 shares (Direct)
Footnotes (1)
  1. Phantom shares of Sempra Common Stock acquired as director compensation. Conversion of Derivative Security is 1 for 1. Date exercisable is immediate for shares that have vested. Expiration date is Not Applicable. Total includes 1,906.10 unvested restricted phantom shares that are subject to forfeiture if service as a director terminates prior to vesting for any reason other than death, disability or removal without cause.
Phantom shares granted 128.32 phantom shares Director compensation grant on 2026-04-01
Reference price per phantom share $97.41 per share Grant valuation for phantom shares
Total phantom shares after grant 4,832.43 phantom shares Holdings following reported transaction
Unvested restricted phantom shares 1,906.10 phantom shares Subject to forfeiture under specified conditions
Conversion ratio 1-for-1 into common stock Phantom shares to Sempra common stock
Exercise price $0.00 Conversion or exercise price of phantom shares
Phantom Shares financial
"Phantom shares of Sempra Common Stock acquired as director compensation."
Phantom shares are a form of employee or executive compensation that mimics the economic value of owning company stock without actually issuing real shares; holders receive cash or equivalent payments tied to the company’s share price or dividends. Think of it like a receipt that pays out if the stock rises — it aligns managers’ interests with shareholders but does not dilute ownership, while creating a future cash obligation that investors should watch as it can affect company cash flow and valuation.
restricted phantom shares financial
"Total includes 1,906.10 unvested restricted phantom shares that are subject to forfeiture"
director compensation financial
"Phantom shares of Sempra Common Stock acquired as director compensation."
Conversion of Derivative Security is 1 for 1 financial
"Conversion of Derivative Security is 1 for 1."
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Kirk Jennifer M

(Last)(First)(Middle)
488 8TH AVENUE

(Street)
SAN DIEGO CALIFORNIA 92101

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SEMPRA [ SRE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Shares(1)(2)04/01/2026A128.32 (3) (4)Common Stock128.32$97.414,832.43(5)D
Explanation of Responses:
1. Phantom shares of Sempra Common Stock acquired as director compensation.
2. Conversion of Derivative Security is 1 for 1.
3. Date exercisable is immediate for shares that have vested.
4. Expiration date is Not Applicable.
5. Total includes 1,906.10 unvested restricted phantom shares that are subject to forfeiture if service as a director terminates prior to vesting for any reason other than death, disability or removal without cause.
Remarks:
JENNIFER M. KIRK BY: Lisa H. Abbot, Managing Attorney - Corporate and Securities of Sempra and Attorney-In-Fact04/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Sempra (SRE) director Jennifer M. Kirk report?

Jennifer M. Kirk reported receiving 128.32 phantom shares as director compensation. These phantom shares track Sempra common stock at a reference price of $97.41 per share and increase her total phantom share holdings to 4,832.43 after the grant.

How many Sempra (SRE) phantom shares does Jennifer M. Kirk hold after this Form 4?

After the reported transaction, Jennifer M. Kirk holds 4,832.43 phantom shares. This total reflects the newly granted 128.32 phantom shares and includes both vested and unvested restricted phantom shares linked on a 1-for-1 basis to Sempra common stock.

What are the key terms of the phantom share grant reported for Sempra (SRE)?

The filing shows a grant of 128.32 phantom shares at a reference price of $97.41 per share. The derivative has a 1-for-1 conversion ratio into Sempra common stock, an immediate exercisability for vested shares, and no stated expiration date according to the disclosure.

How many unvested restricted phantom shares does the Sempra (SRE) director have?

The total phantom share balance includes 1,906.10 unvested restricted phantom shares. These unvested units are subject to forfeiture if Jennifer M. Kirk’s service as a director ends before vesting, except in cases of death, disability or removal without cause.

Under what conditions can Sempra (SRE) restricted phantom shares be forfeited?

The filing states that 1,906.10 unvested restricted phantom shares may be forfeited if the director’s service terminates before vesting. Forfeiture does not apply when service ends due to death, disability or removal without cause, as outlined in the compensation terms.