Sempra (SRE) director reports 139.34 phantom share award on Form 4
Rhea-AI Filing Summary
Sempra director reports grant of phantom stock units as compensation. Director Richard J. Mark filed a Form 4 showing he acquired 139.34 phantom shares of Sempra common stock on 01/02/2026 as director compensation. These are derivative securities that track the value of Sempra common stock and are convertible into common stock on a 1-for-1 basis. The filing states the phantom shares are immediately exercisable for vested shares and have no expiration date. Following this transaction, Mark beneficially owned 1,717.71 phantom shares, held in direct ownership form.
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FAQ
What insider transaction did Sempra (SRE) report in this Form 4?
The filing reports that director Richard J. Mark acquired 139.34 phantom shares of Sempra common stock on 01/02/2026 as part of his director compensation.
How many Sempra (SRE) phantom shares does the director own after this transaction?
After the reported transaction, director Richard J. Mark beneficially owned 1,717.71 phantom shares of Sempra common stock in direct ownership.
What are the terms of the Sempra (SRE) phantom shares reported?
The phantom shares convert into Sempra common stock on a 1-for-1 basis. The filing notes they are immediately exercisable for vested shares and have no applicable expiration date.
Was this Sempra (SRE) insider transaction classified as director compensation?
Yes. The explanation states that the phantom shares of Sempra common stock were acquired as director compensation for Richard J. Mark.
Is the Sempra (SRE) director’s ownership reported as direct or indirect?
The Form 4 indicates that the 1,717.71 phantom shares are held with direct (D) ownership by Richard J. Mark.
What was the reported price for the Sempra (SRE) phantom share grant?
The phantom share award shows a price of $89.71 for the derivative security associated with the 139.34 phantom shares acquired.