Director Andres Conesa receives phantom shares at Sempra (NYSE: SRE)

Rhea-AI Filing Summary

Sempra director Andres Conesa received a grant of phantom shares as part of his director compensation. On this award date, he acquired 136.81 phantom shares linked to Sempra common stock, with a reference price of $91.37 per share and a 1-for-1 conversion ratio into common stock.

After this grant, Conesa holds a total of 11,731.81 phantom shares. Vested phantom shares are immediately exercisable, and the award has no stated expiration date. This is a routine, compensation-related equity award rather than an open-market stock purchase or sale.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CONESA ANDRES

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Shares	136.81	$91.37	$13K

Holdings After Transaction: Phantom Shares — 11,731.81 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.

Key Figures

Phantom shares granted: 136.81 phantom shares Reference price per phantom share: $91.37 per share Total phantom shares after grant: 11,731.81 phantom shares +2 more

5 metrics

Phantom shares granted 136.81 phantom shares Director compensation award on reported transaction date

Reference price per phantom share $91.37 per share Grant price for phantom share award

Total phantom shares after grant 11,731.81 phantom shares Holdings following reported Form 4 transaction

Conversion ratio 1-for-1 into common stock Phantom shares to Sempra common stock

Exercise availability Immediate for vested shares Vested phantom shares are immediately exercisable

Key Terms

Phantom Shares, director compensation, Derivative Security, Common Stock, +1 more

5 terms

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.

director compensation financial

"Phantom shares of Sempra Common Stock acquired as director compensation."

Derivative Security financial

"Conversion of Derivative Security is 1 for 1."

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

Common Stock financial

"Conversion of Derivative Security is 1 for 1."

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

immediate for shares that have vested financial

"Date exercisable is immediate for shares that have vested."

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:08 PM Accepted by SEC EDGAR 07/02/2026 - 04:07 PM Learn about SEC filing dates

FAQ

What did Sempra (SRE) director Andres Conesa report in this Form 4?

Sempra director Andres Conesa reported receiving 136.81 phantom shares as director compensation. These phantom shares track Sempra common stock and increase his total phantom share holdings to 11,731.81 units following the grant.

How many Sempra phantom shares did Andres Conesa receive and at what price?

Andres Conesa received 136.81 phantom shares with a reference price of $91.37 per share. This grant is classified as a compensation-related acquisition, not an open-market trade, and is tied to the value of Sempra common stock.

What are phantom shares in the context of Sempra (SRE)?

Phantom shares are bookkeeping units that mirror Sempra common stock rather than actual shares. They are used as compensation, typically settling in cash or stock based on share value, and here convert into common stock on a 1-for-1 basis.

How many phantom shares does Andres Conesa hold after this Sempra grant?

Following the 136.81-unit grant, Andres Conesa holds 11,731.81 phantom shares. This total reflects his accumulated director compensation awards tied to Sempra common stock, as reported in the Form 4 filing.

Is this Sempra Form 4 an open-market stock purchase or sale?

No. The Form 4 reflects a grant of phantom shares as director compensation, coded as an acquisition under transaction code A. It is not an open-market buy or sell of Sempra common stock.

What are the key terms of Andres Conesa’s Sempra phantom share award?

The phantom shares convert into Sempra common stock on a 1-for-1 basis, vested portions are immediately exercisable, and the award has no applicable expiration date, according to the disclosed footnotes.

SEC Form 4

FORM 4

UNITED 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^*

CONESA ANDRES

(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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Shares(1)	(2)	07/01/2026		A		136.81		(3)	(4)	Common Stock	136.81	$91.37	11,731.81	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.

Remarks:

	ANDRES CONESA BY: Lisa H. Abbot, Managing Attorney - Corporate and Securities of Sempra and Attorney-In-Fact	07/02/2026
	** Signature of Reporting Person	Date
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)