Sempra (SRE) director Michael N. Mears awarded 139.34 phantom shares

Rhea-AI Filing Summary

Sempra director reports phantom stock compensation

Michael N. Mears, a director of Sempra, reported receiving 139.34 phantom shares of Sempra common stock on 01/02/2026 as director compensation. These derivative securities have a conversion rate of 1-for-1 into Sempra common stock and are immediately exercisable for vested shares, with no stated expiration date.

After this transaction, Mears beneficially owns a total of 20,517.13 phantom shares. This total includes 1,892.82 unvested restricted phantom shares that may be forfeited if his service as a director ends before vesting, except in cases of death, disability, or removal without cause.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider MEARS MICHAEL N

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Shares	139.34	$89.71	$13K

Holdings After Transaction: Phantom Shares — 20,517.13 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. Total includes 1,892.82 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.

Form 4 Insider Transactions: What Each Field Means →

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^*

MEARS MICHAEL N

(Last) (First) (Middle)

488 8TH AVENUE

(Street)

SAN DIEGO CA 92101

(City) (State) (Zip)

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)

3. Date of Earliest Transaction (Month/Day/Year)
01/02/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

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

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)	01/02/2026		A		139.34		(3)	(4)	Common Stock	139.34	$89.71	20,517.13(5)	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.

5. Total includes 1,892.82 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.

Remarks:

	MICHAEL N. MEARS BY: Lisa H. Abbot, Managing Attorney - Corporate and Securities of Sempra and Attorney-In-Fact	01/05/2026
	** 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.

FAQ

What insider transaction did Sempra (SRE) disclose for Michael N. Mears?

The filing shows that director Michael N. Mears acquired 139.34 phantom shares of Sempra common stock on 01/02/2026 as part of his director compensation.

How many Sempra (SRE) phantom shares does Michael N. Mears now beneficially own?

Following the reported transaction, Michael N. Mears beneficially owns 20,517.13 phantom shares tied to Sempra common stock.

What is the conversion rate of the phantom shares reported by Sempra (SRE)?

The phantom shares reported convert into Sempra common stock at a rate of 1-for-1, meaning each phantom share corresponds to one share of common stock.

What price was used for the Sempra (SRE) phantom share transaction?

The phantom share transaction was reported at a price of $89.71 per phantom share.

Are any of Michael N. Mears’ Sempra (SRE) phantom shares unvested or subject to forfeiture?

Yes. Of the total phantom shares, 1,892.82 are unvested restricted phantom shares that are subject to forfeiture if his service as a director ends before vesting, other than for death, disability, or removal without cause.

When do the Sempra (SRE) phantom shares reported by Michael N. Mears become exercisable and when do they expire?

The phantom shares are stated to be immediately exercisable for vested shares, and the expiration date is described as Not Applicable.

What type of filing reported the Sempra (SRE) phantom share award to Michael N. Mears?

The transaction was disclosed on a Form 4, which reports changes in beneficial ownership of Sempra securities by company insiders such as directors.