Sempra (SRE) legal chief sells 3,300 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sempra Chief Legal Counsel Diana L. Day reported an open-market sale of 3,300 shares of common stock at $92.13 per share. The transaction was executed under a pre-established Rule 10b5-1(c) trading plan adopted on May 20, 2024. Following the sale, she directly holds 22,869.79 common shares and indirectly holds 418.6 shares through a 401(k) Savings Plan as of May 14, 2026. The filing also notes that her post-transaction beneficial ownership corrects a prior overstatement of 342 shares due to a clerical error.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 3,300 shares ($304,029)
Net Sell
2 txns
Insider
DAY DIANA L
Role
Chief Legal Counsel
Sold
3,300 shs ($304K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,300 | $92.13 | $304K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 22,869.79 shares (Direct, null);
Common Stock — 418.6 shares (Indirect, 401(k) Savings Plan (05/14/2026))
Footnotes (1)
- The shares of common stock reflected in this Form 4 were sold in accordance with a written instruction and plan for trading securities established by Ms. Day on May 20, 2024 pursuant to Rule 10b5-1(c) under the Securities and Exchange Act of 1934 ("Exchange Act"). Amount of common stock beneficially owned following the reported transaction corrects an overstatement of 342 shares in prior reports filed under Section 16(a) of the Exchange Act due to a clerical error.
Key Figures
Shares sold: 3,300 shares
Sale price: $92.13 per share
Direct holdings after sale: 22,869.79 shares
+3 more
6 metrics
Shares sold
3,300 shares
Open-market sale of Sempra common stock
Sale price
$92.13 per share
Price for sold Sempra common shares
Direct holdings after sale
22,869.79 shares
Direct Sempra common stock owned following transaction
Indirect 401(k) holdings
418.6 shares
Sempra common stock in 401(k) Savings Plan as of May 14, 2026
Net shares sold
3,300 shares
Net buy-sell shares in transaction summary
Corrected prior overstatement
342 shares
Adjustment for clerical error in earlier reports
Key Terms
Rule 10b5-1(c), Section 16(a), 401(k) Savings Plan
3 terms
Rule 10b5-1(c) regulatory
"plan for trading securities established by Ms. Day on May 20, 2024 pursuant to Rule 10b5-1(c) under the Securities and Exchange Act of 1934"
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
Section 16(a) regulatory
"prior reports filed under Section 16(a) of the Exchange Act due to a clerical error"
401(k) Savings Plan financial
"nature_of_ownership: 401(k) Savings Plan (05/14/2026)"
A 401(k) savings plan is an employer-sponsored retirement account that lets employees set aside a portion of their paycheck on a tax-advantaged basis, often with employer matching contributions that act like free additional savings. It matters to investors because matching, tax-deferred growth and investment choices can significantly boost long-term wealth—while plan rules or heavy concentration in a single company’s stock can increase an employee’s financial exposure to that company.
FAQ
What insider transaction did Sempra (SRE) report for Diana L. Day?
Sempra reported that Chief Legal Counsel Diana L. Day sold 3,300 shares of common stock at $92.13 per share. The sale was an open-market transaction disclosed in a Form 4 insider filing with updated post-transaction share ownership.
Was the Sempra (SRE) insider sale by Diana L. Day pre-planned?
Yes. The filing states the sale was made under a written instruction and trading plan established on May 20, 2024 under Rule 10b5-1(c). Such plans pre-schedule trades, making the timing less indicative of short-term views.