STOCK TITAN

Sempra (SRE) director receives 136.81 Phantom Shares as compensation

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sempra director Pablo Ferrero received 136.81 Phantom Shares as director compensation. These derivative awards reference Sempra common stock at $91.37 per phantom share and convert into common stock on a 1-for-1 basis. After this grant, Ferrero holds 16,258.01 Phantom Shares directly. Vested shares are exercisable immediately and have no stated expiration date.

Positive

  • None.

Negative

  • None.
Insider Ferrero Pablo
Role null
Type Security Shares Price Value
Grant/Award Phantom Shares 136.81 $91.37 $13K
Holdings After Transaction: Phantom Shares — 16,258.01 shares (Direct, null)
Footnotes (1)
  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.
Phantom Shares granted 136.81 Phantom Shares Director compensation award on July 1, 2026
Reference price per Phantom Share $91.37 per share Transaction price for the July 1, 2026 grant
Total Phantom Shares after grant 16,258.01 Phantom Shares Holdings following the reported transaction
Conversion ratio to common stock 1 Phantom Share : 1 common share Stated conversion of derivative security
Phantom Shares financial
"Phantom shares of Sempra Common Stock acquired as director compensation."
Phantom shares are a form of employee or executive compensation that mimics the economic value of owning company stock without actually issuing real shares; holders receive cash or equivalent payments tied to the company’s share price or dividends. Think of it like a receipt that pays out if the stock rises — it aligns managers’ interests with shareholders but does not dilute ownership, while creating a future cash obligation that investors should watch as it can affect company cash flow and valuation.
director compensation financial
"Phantom shares of Sempra Common Stock acquired as director compensation."
Derivative Security financial
"Conversion of Derivative Security is 1 for 1."
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
vested financial
"Date exercisable is immediate for shares that have vested."
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ferrero Pablo

(Last)(First)(Middle)
488 8TH AVENUE

(Street)
SAN DIEGO CALIFORNIA 92101

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
SEMPRA [ SRE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Shares(1)(2)07/01/2026A136.81 (3) (4)Common Stock136.81$91.3716,258.01D
Explanation of Responses:
1. Phantom shares of Sempra Common Stock acquired as director compensation.
2. Conversion of Derivative Security is 1 for 1.
3. Date exercisable is immediate for shares that have vested.
4. Expiration date is Not Applicable.
Remarks:
PABLO A. FERRERO BY: Lisa H. Abbot, Managing Attorney - Corporate and Securities of Sempra and Attorney-In-Fact07/02/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Sempra (SRE) director Pablo Ferrero report in this Form 4?

Pablo Ferrero reported receiving 136.81 Phantom Shares as director compensation. These are derivative awards tied to Sempra common stock and increase his direct Phantom Share holdings to 16,258.01 following the transaction on July 1, 2026.

How many Phantom Shares does Pablo Ferrero hold after this Sempra (SRE) grant?

After the reported grant, Pablo Ferrero holds 16,258.01 Phantom Shares directly. This total reflects the addition of 136.81 Phantom Shares awarded as director compensation, as disclosed in the Form 4 insider transaction filing for Sempra.

What is the conversion ratio for Pablo Ferrero’s Sempra (SRE) Phantom Shares?

Ferrero’s Phantom Shares convert into Sempra common stock on a 1-for-1 basis. Each Phantom Share corresponds to one share of common stock upon conversion, according to the footnote describing the terms of this derivative security award.

At what reference price were Sempra (SRE) Phantom Shares granted to Pablo Ferrero?

The Phantom Shares were granted using a reference price of $91.37 per share. This price applies to the 136.81 Phantom Shares awarded as director compensation and is disclosed as the transaction price per Phantom Share in the Form 4.

When can Pablo Ferrero exercise his Sempra (SRE) Phantom Shares from this grant?

The Phantom Shares are exercisable immediately for any portion that has vested. A footnote explains that the date exercisable is immediate for vested shares, and another footnote states that there is no applicable expiration date for this derivative award.

Do Pablo Ferrero’s Sempra (SRE) Phantom Shares have an expiration date?

The Phantom Shares reported do not have an expiration date. A footnote clarifies that the expiration date is not applicable for this derivative security, meaning the award remains outstanding subject to its vesting and conversion terms.