Sempra (SRE) director Jennifer Kirk discloses new phantom stock grant
Rhea-AI Filing Summary
Sempra director reports phantom stock grant as compensation
Sempra director Jennifer M. Kirk reported receiving 139.34 phantom shares of Sempra common stock on 01/02/2026 as part of her director compensation. These phantom shares are convertible into Sempra common stock on a 1-for-1 basis, with the transaction price noted as $89.71 per share. Following this grant, she beneficially owns a total of 4,672.31 phantom shares.
The total includes 1,892.82 unvested restricted phantom shares that may be forfeited if her service as a director ends before vesting, except in cases of death, disability, or removal without cause. The phantom shares that have vested are immediately exercisable, and no expiration date applies.
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FAQ
What insider transaction did Sempra (SRE) report for Jennifer M. Kirk?
Sempra director Jennifer M. Kirk reported acquiring 139.34 phantom shares of Sempra common stock on 01/02/2026 as part of her director compensation.
What are the total phantom shares held by the Sempra (SRE) director after the transaction?
After the reported transaction, Jennifer M. Kirk beneficially owns 4,672.31 phantom shares linked to Sempra common stock.
How are the Sempra (SRE) phantom shares reported by the director structured?
The reported phantom shares convert into Sempra common stock on a 1-for-1 basis, with vested shares immediately exercisable and no expiration date.
What portion of the Sempra (SRE) phantom shares held by the director are unvested?
The total phantom share holdings include 1,892.82 unvested restricted phantom shares that are subject to forfeiture under certain termination conditions.
Under what conditions can the Sempra (SRE) director’s unvested phantom shares be forfeited?
The 1,892.82 unvested restricted phantom shares may be forfeited if the director’s service ends before vesting for any reason other than death, disability, or removal without cause.
What price per share is associated with the Sempra (SRE) phantom share grant?
The phantom share transaction for Jennifer M. Kirk reflects a price of $89.71 per underlying share of Sempra common stock.
Is the Sempra (SRE) director’s phantom share award a derivative security?
Yes. The award is reported in the derivative securities table as phantom shares linked to Sempra common stock, treated as a derivative security for reporting purposes.