Sempra director awarded 128 phantom shares

Taylor Jack T reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Taylor Jack T reported acquisition or exercise transactions in this Form 4 filing.

Sempra director Jack T. Taylor received a grant of 128.32 phantom shares as director compensation. The award is based on a reference price of $97.41 per phantom share and is convertible into an equal number of Sempra common shares on a 1-for-1 basis. Vested phantom shares are immediately exercisable, and there is no stated expiration date. Following this grant, Taylor holds a total of 41,653.10 phantom shares, including 1,906.10 unvested restricted phantom shares that may be forfeited if his board service ends before vesting under specified conditions.

Insider Trade Summary

Grant/Award: 128.32 shares

Grant/Award 1 txn

Insider Taylor Jack T

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Phantom Shares	128.32	$97.41	$12K

Holdings After Transaction: Phantom Shares — 41,653.1 contracts (Direct)

Footnotes (5)

1. F1. Phantom shares of Sempra Common Stock acquired as director compensation.
2. F2. Conversion of Derivative Security is 1 for 1.
3. F3. Date exercisable is immediate for shares that have vested.
4. F4. Expiration date is Not Applicable.
5. F5. Total includes 1,906.10 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.

Key Figures

Phantom shares granted: 128.32 shares Reference price per phantom share: $97.41 per share Total phantom shares after grant: 41,653.10 shares +2 more

5 metrics

Phantom shares granted 128.32 shares Grant of phantom shares as director compensation on 2026-04-01

Reference price per phantom share $97.41 per share Value used for the 128.32 phantom share award

Total phantom shares after grant 41,653.10 shares Director’s total phantom share holdings following the transaction

Unvested restricted phantom shares 1,906.10 shares Unvested units subject to forfeiture if service ends before vesting

Conversion ratio 1-for-1 Each phantom share converts into one Sempra common share

Key Terms

Phantom Shares, restricted phantom shares, forfeiture, Derivative Security, +1 more

5 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.

restricted phantom shares financial

"Total includes 1,906.10 unvested restricted phantom shares that are subject to forfeiture"

forfeiture financial

"subject to forfeiture if service as a director terminates prior to vesting"

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.

director compensation financial

"Phantom shares of Sempra Common Stock acquired as director compensation."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Sempra (SRE) report for Jack T. Taylor?

Sempra reported that director Jack T. Taylor received 128.32 phantom shares as director compensation. These phantom shares track Sempra common stock value and are convertible into the same number of common shares on a 1-for-1 basis, reflecting stock-based compensation rather than a market purchase.

How many phantom shares does Jack T. Taylor hold after this SRE Form 4?

After this transaction, Jack T. Taylor holds 41,653.10 phantom shares tied to Sempra common stock. This total includes both vested and unvested restricted phantom shares, representing his accumulated stock-based director compensation over time rather than a single award.

What are the key terms of Jack T. Taylor’s Sempra phantom share grant?

The grant covers 128.32 phantom shares at a reference price of $97.41 per share. The phantom shares convert into Sempra common stock on a 1-for-1 basis, with vested portions immediately exercisable and no stated expiration date for the derivative security.

Are any of Jack T. Taylor’s Sempra phantom shares subject to forfeiture?

Yes. His total holdings include 1,906.10 unvested restricted phantom shares subject to forfeiture. They may be forfeited if his service as a director ends before vesting for reasons other than death, disability, or removal without cause, adding a service-based condition.

Does this Sempra (SRE) Form 4 show a market buy or sell by Jack T. Taylor?

No, the Form 4 shows a grant or award acquisition of phantom shares as director compensation, coded as an "A" transaction. It does not report an open-market purchase or sale, but rather stock-based compensation linked to Sempra’s common stock performance.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/02/2026 - 07:26 PM Learn about SEC filing dates

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^*

Taylor Jack T

(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)
04/01/2026

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)	04/01/2026		A		128.32		(3)	(4)	Common Stock	128.32	$97.41	41,653.1(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 1,906.10 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:

	JACK T. TAYLOR BY: Lisa H. Abbot, Managing Attorney - Corporate and Securities of Sempra and Attorney-In-Fact	04/02/2026
	** 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)