STOCK TITAN

Sempra (NYSE: SRE) director receives 1,498 phantom share award

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 1,498.77 phantom shares, each economically equivalent to one share of Sempra common stock. These phantom shares were awarded as compensation and increase her phantom share balance to 6,363.50, including 4,864.74 vested phantom shares previously accrued as deferred director compensation.

The newly granted phantom shares are subject to forfeiture if her board service ends for any reason other than death, disability, or removal without cause before Sempra’s 2027 Annual Shareholders Meeting. Vested phantom shares, plus reinvested dividend equivalents, are ultimately paid in cash after she leaves board service.

Positive

  • None.

Negative

  • None.
Insider Kirk Jennifer M
Role null
Type Security Shares Price Value
Grant/Award Phantom Shares 1,498.77 $0.00 --
Holdings After Transaction: Phantom Shares — 6,363.5 shares (Direct, null)
Footnotes (1)
  1. Each share of phantom stock is the economic equivalent of one share of Sempra Common Stock. Shares are subject to forfeiture if service as a director terminates for any reason other than death, disability or removal without cause prior to Sempra's 2027 Annual Shareholders Meeting. Vested phantom shares plus reinvested dividend equivalents are paid to the director in cash following separation of service. Includes 4,864.74 vested phantom shares acquired as deferred compensation for service as a director, which are not subject to forfeiture. Total includes shares accrued as dividend equivalents since the date of the last report of phantom shares.
Phantom shares granted 1,498.77 phantom shares Grant reported on Form 4 for director compensation
Total phantom shares after grant 6,363.50 phantom shares Holdings following the reported transaction
Vested phantom shares 4,864.74 phantom shares Vested, non-forfeitable phantom shares held as deferred compensation
Exercise/Conversion price $0.00 per phantom share Grant/award with no exercise price
Underlying security 1,498.77 common shares equivalent Each phantom share equals one Sempra common share economically
Phantom Shares financial
"Each share of phantom stock is the economic equivalent of one share of Sempra Common Stock."
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.
dividend equivalents financial
"Vested phantom shares plus reinvested dividend equivalents are paid to the director in cash"
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
deferred compensation financial
"Includes 4,864.74 vested phantom shares acquired as deferred compensation for service as a director"
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
forfeiture financial
"Shares are subject to forfeiture if service as a director terminates"
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)
05/12/2026
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)05/12/2026A1,498.77 (2) (2)Common Stock1,498.77$06,363.5(3)D
Explanation of Responses:
1. Each share of phantom stock is the economic equivalent of one share of Sempra Common Stock.
2. Shares are subject to forfeiture if service as a director terminates for any reason other than death, disability or removal without cause prior to Sempra's 2027 Annual Shareholders Meeting. Vested phantom shares plus reinvested dividend equivalents are paid to the director in cash following separation of service.
3. Includes 4,864.74 vested phantom shares acquired as deferred compensation for service as a director, which are not subject to forfeiture. Total includes shares accrued as dividend equivalents since the date of the last report of phantom shares.
Remarks:
JENNIFER M. KIRK BY: Lisa H. Abbot, Managing Attorney - Corporate and Securities of Sempra and Attorney-In-Fact05/13/2026
** 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 did Sempra (SRE) director Jennifer M. Kirk report in this Form 4?

Jennifer M. Kirk reported a grant of 1,498.77 phantom shares, increasing her total phantom share holdings to 6,363.50. These awards are part of her compensation for serving as a director and track the value of Sempra common stock over time.

What are phantom shares in the Sempra (SRE) Form 4 for Jennifer M. Kirk?

The phantom shares are each the economic equivalent of one Sempra common share. They are bookkeeping units used for director compensation and do not involve immediate share issuance, with value ultimately paid in cash after separation from board service.

Are Jennifer M. Kirk’s new Sempra phantom shares subject to forfeiture?

Yes, the newly granted phantom shares can be forfeited if her board service ends before Sempra’s 2027 Annual Shareholders Meeting, except in cases of death, disability, or removal without cause. This condition ties full benefit to completing the specified service period.

How many vested phantom shares does Jennifer M. Kirk hold at Sempra (SRE)?

Her total phantom share balance includes 4,864.74 vested phantom shares acquired as deferred compensation, which are not subject to forfeiture. This figure also reflects additional shares accrued as dividend equivalents since the last reported phantom share update.

How are Sempra phantom shares paid to director Jennifer M. Kirk?

Vested phantom shares, plus reinvested dividend equivalents, are paid to Jennifer M. Kirk in cash after she separates from service as a director. This structure links her compensation to long-term company performance without immediate stock issuance or open-market transactions.