Sempra (NYSE: SRE) director receives 1,498 phantom share award
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Shares | 1,498.77 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each share of phantom stock is the economic equivalent of one share of Sempra Common Stock.
- F2. 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.
- F3. 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.
Key Figures
Key Terms
dividend equivalents financial
deferred compensation financial
forfeiture financial
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