Sempra (NYSE: SRE) CEO adds 2,155.64 phantom compensation shares in Form 4

Rhea-AI Filing Summary

Sempra Chairman, CEO and President Jeffrey W. Martin recorded a discretionary compensation transaction involving 2,155.64 phantom shares of Sempra Common Stock. These phantom shares were acquired under Sempra's deferred compensation plan at $92.78 per phantom share, for a total acquisition cost of $200,000.

The phantom shares are cash-settled, are convertible into common stock on a 1-for-1 basis, are immediately exercisable, and have no expiration date. Following this transaction, Martin holds 204,594.35 phantom shares linked to Sempra Common Stock.

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

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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 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
X	Officer (give title below)		Other (specify below)
	Chairman, CEO and President

3. Date of Earliest Transaction (Month/Day/Year)
03/11/2026

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)	03/11/2026		I		2,155.64		(3)	(4)	Common Stock	2,155.64	$92.78	204,594.35	D

Explanation of Responses:

1. 2,155.64 phantom shares of Sempra Common Stock acquired under Sempra's deferred compensation plan at a price of $92.78 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	03/12/2026
	** 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 did Sempra (SRE) CEO Jeffrey W. Martin report in this Form 4?

Jeffrey W. Martin reported a discretionary compensation transaction in phantom shares. He acquired 2,155.64 phantom shares of Sempra Common Stock under a deferred compensation plan, reflecting non-cash, plan-based compensation rather than an open-market stock purchase or sale.

How many phantom shares did Sempra (SRE) CEO receive and at what value?

The CEO received 2,155.64 phantom shares valued at $92.78 each. The transaction totals an acquisition cost of $200,000 under Sempra's deferred compensation plan, tying his compensation to the value of Sempra Common Stock on a cash-settled basis.

Are Sempra (SRE) CEO’s phantom shares in this Form 4 real stock?

The phantom shares are not actual stock but are linked to Sempra’s Common Stock. They are payable in cash, track the value of the underlying shares 1-for-1, and can be moved into an alternative investment account within the deferred compensation plan.

What are the conversion and timing terms of Sempra (SRE) CEO’s phantom shares?

The phantom shares convert into the value of Sempra Common Stock on a 1-for-1 basis. They are immediately exercisable, have no stated expiration date, and are designed as part of a deferred compensation arrangement rather than a traditional stock option grant.

How many phantom shares linked to Sempra (SRE) stock does the CEO hold after this transaction?

After this transaction, the CEO holds 204,594.35 phantom shares. These phantom shares collectively represent a large deferred compensation position whose value is tied directly to the performance of Sempra’s Common Stock over time.