Sempra (SRE) director adds 139.34 phantom shares in equity grant
Rhea-AI Filing Summary
Sempra director Pablo A. Ferrero reported receiving derivative equity compensation tied to the company’s common stock. On 01/02/2026, he acquired 139.34 phantom shares of Sempra common stock as director compensation at a price of $89.71 per phantom share.
Each phantom share converts into Sempra common stock on a 1-for-1 basis, and the shares that have vested are immediately exercisable. Following this transaction, Ferrero beneficially owned 15,774.13 phantom shares in total in direct form, with no stated expiration date for these derivative interests.
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FAQ
What insider transaction did Sempra (SRE) report for Pablo A. Ferrero?
The filing shows that director Pablo A. Ferrero 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 Pablo A. Ferrero own after this transaction?
After the reported transaction, Pablo A. Ferrero beneficially owned 15,774.13 phantom shares of Sempra common stock in direct form.
What is the conversion ratio for Sempra (SRE) phantom shares reported in this Form 4?
The phantom shares convert into Sempra common stock on a 1-for-1 basis, meaning each phantom share corresponds to one share of common stock.
When do the Sempra (SRE) phantom shares acquired by Pablo A. Ferrero become exercisable?
The document states that the date exercisable is immediate for the phantom shares that have vested, allowing prompt settlement into common stock when conditions are met.
Does the Sempra (SRE) phantom stock award reported have an expiration date?
The explanation notes that the expiration date is not applicable for these phantom shares, so no specific expiration date is listed.
At what reference price were the Sempra (SRE) phantom shares recorded in this transaction?
The 139.34 phantom shares acquired on 01/02/2026 are recorded at a price of $89.71 per phantom share.