Sempra director granted 136.81 phantom shares
Sempra director James C. Yardley received a grant of phantom shares as part of his director compensation.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Sempra director James C. Yardley received a grant of phantom shares as part of his director compensation. He acquired 136.81 phantom shares of Sempra common stock at a reference price of $91.37 per share, increasing his directly held phantom share balance to 42,985.98.
The phantom shares are tied 1-for-1 to Sempra common stock and become exercisable immediately once vested, with no stated expiration date. The total includes 1,498.77 unvested restricted phantom shares that may be forfeited if his board service ends before vesting under certain conditions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Shares | 136.81 | $91.37 | $13K |
Footnotes (5)
- F1. Phantom shares of Sempra Common Stock acquired as director compensation.
- F2. Conversion of Derivative Security is 1 for 1.
- F3. Date exercisable is immediate for shares that have vested.
- F4. Expiration date is Not Applicable.
- F5. Total includes 1,498.77 unvested restricted phantom shares that are subject to forfeiture if service as a director terminates prior to vesting for any reason other than death, disability or removal without cause.
Key Figures
Key Terms
director compensation financial
Conversion of Derivative Security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Sempra (SRE) director James C. Yardley report in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.