SRE Form 4: Director Richard J. Mark acquires 140.04 phantom shares
Rhea-AI Filing Summary
Richard J. Mark, a director of Sempra (SRE), reported receipt of 140.04 phantom shares as director compensation on 10/01/2025. The phantom shares convert 1-for-1 into common stock and were acquired at a reported price of $89.26 per share. The shares that vested are exercisable immediately and there is no expiration date. After this transaction, the reporting person beneficially owns 1,567.4 shares (direct ownership). The Form 4 was signed on behalf of Mr. Mark by Sempra’s attorney-in-fact on 10/02/2025.
Positive
- 140.04 phantom shares acquired as director compensation on 10/01/2025
- Phantom shares convert 1-for-1 into common stock and are exercisable immediately
- Direct beneficial ownership increased to 1,567.4 shares
Negative
- None.
Insights
Director received phantom-share compensation of 140.04 shares on 10/01/2025.
This filing documents routine director compensation in the form of phantom shares that convert 1-for-1 into common stock, which is a common equity‑linked pay practice for non-employee directors. The reported per‑share price is $89.26 and the phantom shares are exercisable immediately for vested units.
The filing shows the transaction increased direct beneficial ownership to 1,567.4 shares. The form is signed by the company’s attorney-in-fact on 10/02/2025, indicating timely reporting under Section 16.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Shares | 140.04 | $89.26 | $12K |
Footnotes (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.