Sempra (NYSE: SRE) CEO adds 2,155.64 phantom compensation shares in Form 4
Filing Impact
Filing Sentiment
Form Type
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Martin Jeffrey W
Role
Chairman, CEO and President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| I | Phantom Shares | 2,155.64 | $92.78 | $200K |
Holdings After Transaction:
Phantom Shares — 204,594.35 shares (Direct)
Footnotes (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. Conversion of Derivative Security is 1 for 1. Date exercisable is Immediate. Expiration date is Not Applicable.
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.