Sempra (NYSE: SRE) director receives 136.81 phantom shares as compensation

Rhea-AI Filing Summary

Sempra director Mark Richard received a grant of phantom shares as part of his director compensation. On this date, he acquired 136.81 phantom shares of Sempra common stock at a reference price of $91.37 per share. Each phantom share is convertible into one share of common stock, is immediately exercisable for vested amounts, and has no stated expiration date. Following this grant, his total phantom share balance reported in this filing is 2,005.78.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MARK RICHARD J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Shares	136.81	$91.37	$13K

Holdings After Transaction: Phantom Shares — 2,005.78 shares (Direct)

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.

Key Figures

Phantom shares granted: 136.81 phantom shares Reference price per phantom share: $91.37 per share Total phantom shares after grant: 2,005.78 phantom shares +1 more

4 metrics

Phantom shares granted 136.81 phantom shares Director compensation grant on reported transaction date

Reference price per phantom share $91.37 per share Price associated with the 136.81 phantom shares

Total phantom shares after grant 2,005.78 phantom shares Holdings following the reported transaction

Conversion ratio 1 phantom share for 1 common share Conversion of derivative security as disclosed in footnote

Key Terms

Phantom Shares, director compensation, Derivative Security, vested

4 terms

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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Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:11 PM Accepted by SEC EDGAR 07/02/2026 - 04:10 PM Learn about SEC filing dates

FAQ

What insider transaction did Sempra (SRE) report for Mark Richard?

Sempra reported that director Mark Richard acquired 136.81 phantom shares as director compensation. These phantom shares are tied to Sempra common stock and increase his reported phantom share balance to 2,005.78 following the transaction on the stated date.

How many Sempra (SRE) phantom shares does Mark Richard hold after this Form 4?

After the reported transaction, Mark Richard holds 2,005.78 phantom shares. This total reflects the addition of 136.81 phantom shares granted as director compensation, according to the Form 4 filed for this transaction.

What are the key terms of Mark Richard’s Sempra (SRE) phantom shares?

The phantom shares are tied to Sempra common stock on a one-for-one basis. Footnotes state that the conversion rate is 1 for 1, vesting makes shares immediately exercisable, and the expiration date for these phantom shares is described as not applicable.

At what price were Sempra (SRE) phantom shares granted to Mark Richard?

The phantom shares were granted at a reference price of $91.37 per share. This price applies to the 136.81 phantom shares that were acquired as director compensation and reported in the Form 4 transaction details.

Is Mark Richard’s Sempra (SRE) phantom share award immediately exercisable?

Yes, the award is immediately exercisable for vested shares. A footnote explains that the date exercisable is immediate for phantom shares that have vested, meaning vested units can convert to common stock on a one-for-one basis without a waiting period.

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^*

MARK RICHARD J

(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
	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)

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)	07/01/2026		A		136.81		(3)	(4)	Common Stock	136.81	$91.37	2,005.78	D

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:

	RICHARD J. MARK BY: Lisa H. Abbot, Managing Attorney - Corporate and Securities of Sempra and Attorney-In-Fact	07/02/2026
	** 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)