Sempra CEO logs $200K phantom share move

Sempra chairman, CEO and president Jeffrey W. Martin reported a discretionary derivative transaction involving phantom shares tied to the company’s common stock.

Rhea-AI Filing Summary

Sempra chairman, CEO and president Jeffrey W. Martin reported a discretionary derivative transaction involving phantom shares tied to the company’s common stock. He acquired 2,098.24 phantom shares under Sempra’s deferred compensation plan at $95.32 per phantom share, for a total acquisition cost of $200,000. Phantom shares are payable in cash and are convertible into common stock on a 1-for-1 basis, with immediate exercisability and no stated expiration. Following this transaction, Martin holds 212,992.39 phantom shares, reflecting deferred, cash-settled compensation rather than an open-market stock trade.

Insider Trade Summary

Discretionary: 2,098.24 shares

Discretionary 1 txn

Insider Martin Jeffrey W

Role Chairman, CEO and President

Type	Security	Shares	Price	Value
Discretionary	Phantom Shares	2,098.24	$95.32	$200K

Holdings After Transaction: Phantom Shares — 212,992.39 contracts (Direct)

Footnotes (4)

1. F1. 2,098.24 phantom shares of Sempra Common Stock acquired under Sempra's deferred compensation plan at a price of $95.32 per phantom share with a total acquisition cost of $200,000. Phantom shares are payable in cash and may be transferred by the reporting person into an alternative investment account.
2. F2. Conversion of Derivative Security is 1 for 1.
3. F3. Date exercisable is Immediate.
4. F4. Expiration date is Not Applicable.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Sempra (SRE) report for CEO Jeffrey W. Martin?

Sempra CEO Jeffrey W. Martin reported a discretionary derivative transaction involving 2,098.24 phantom shares. These were acquired under the company’s deferred compensation plan at $95.32 per phantom share, representing $200,000 in deferred, cash-settled compensation rather than a market stock purchase.

How many phantom shares did Sempra (SRE) CEO acquire and at what price?

Jeffrey W. Martin acquired 2,098.24 phantom shares at $95.32 per phantom share. The filing notes a total acquisition cost of $200,000 under Sempra’s deferred compensation plan, highlighting this as a compensation-related allocation instead of an open-market trade in common stock.

What is the value of the phantom share transaction reported by Sempra (SRE)?

The phantom share transaction has a reported acquisition cost of $200,000. This reflects 2,098.24 phantom shares of Sempra common stock at $95.32 each, credited under the company’s deferred compensation plan and payable in cash based on a 1-for-1 common stock equivalent.

How are Sempra (SRE) phantom shares held by the CEO structured?

Sempra phantom shares are cash-settled units that track common stock value on a 1-for-1 basis. They are acquired under a deferred compensation plan, are immediately exercisable with no expiration, and may be transferred into an alternative investment account at the reporting person’s discretion.

What are Jeffrey W. Martin’s phantom share holdings at Sempra (SRE) after the transaction?

After the reported transaction, Jeffrey W. Martin holds 212,992.39 phantom shares. This figure includes the newly acquired 2,098.24 phantom shares and represents his deferred compensation units tied to Sempra common stock, settled in cash rather than through direct ownership of additional shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/20/2026 - 04:02 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Martin Jeffrey W

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman, CEO and President

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/19/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Phantom Shares(1)	(2)	03/19/2026		I		2,098.24		(3)	(4)	Common Stock	2,098.24	$95.32	212,992.39	D

Explanation of Responses:

1. 2,098.24 phantom shares of Sempra Common Stock acquired under Sempra's deferred compensation plan at a price of $95.32 per phantom share with a total acquisition cost of $200,000. Phantom shares are payable in cash and may be transferred by the reporting person into an alternative investment account.

2. Conversion of Derivative Security is 1 for 1.

3. Date exercisable is Immediate.

4. Expiration date is Not Applicable.

Remarks:

	JEFFREY W. MARTIN BY: Lisa H. Abbot, Managing Attorney - Corporate and Securities of Sempra and Attorney-In-Fact	03/20/2026
	** Signature of Reporting Person	Date
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)