Sempra (SRE) director Andres Conesa receives 128 Phantom Shares as compensation

Rhea-AI Filing Summary

CONESA ANDRES reported acquisition or exercise transactions in this Form 4 filing.

Sempra director Andres Conesa received a grant of 128.3200 Phantom Shares on April 1, 2026 as part of his director compensation. These Phantom Shares are tied to Sempra Common Stock on a one-for-one basis and are exercisable immediately for vested shares, with no stated expiration date. Following this award, Conesa holds a total of 11,516.8000 Phantom Shares directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider CONESA ANDRES

Role Director

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

Holdings After Transaction: Phantom Shares — 11,516.8 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.

Key Figures

Phantom Shares granted: 128.3200 Phantom Shares Reference price per Phantom Share: $97.4100 per share Total Phantom Shares after grant: 11,516.8000 Phantom Shares +1 more

4 metrics

Phantom Shares granted 128.3200 Phantom Shares Grant to director on April 1, 2026

Reference price per Phantom Share $97.4100 per share Value used for the April 1, 2026 grant

Total Phantom Shares after grant 11,516.8000 Phantom Shares Director’s holdings following the reported transaction

Conversion ratio 1-for-1 Phantom Shares to Sempra Common Stock

Key Terms

Phantom Shares, director compensation, Derivative Security, Common Stock

4 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.

director compensation financial

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

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.

Common Stock financial

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

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

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^*

CONESA ANDRES

(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	11,516.8	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.

Remarks:

	ANDRES CONESA 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)

FAQ

What insider transaction did Sempra (SRE) report for director Andres Conesa?

Sempra reported that director Andres Conesa received a grant of 128.3200 Phantom Shares on April 1, 2026. The award is classified as a grant or other acquisition and is part of his director compensation package.

How many Phantom Shares does Sempra (SRE) director Andres Conesa hold after this Form 4?

After the April 1, 2026 grant, director Andres Conesa holds 11,516.8000 Phantom Shares directly. This figure reflects his total Phantom Share position following the compensation-related award reported in the Form 4 filing.

What are the key terms of the Phantom Shares granted to Sempra (SRE) director Andres Conesa?

The Phantom Shares are tied to Sempra Common Stock on a 1-for-1 conversion basis. They are described as being exercisable immediately for shares that have vested, and the footnotes state that the expiration date is not applicable.

Was the Sempra (SRE) Form 4 transaction a market purchase or sale?

The Form 4 shows a grant of 128.3200 Phantom Shares to director Andres Conesa as compensation, classified as a grant or other acquisition. It is not reported as an open-market purchase or sale of Sempra Common Stock.

How does the Sempra (SRE) Form 4 describe the nature of the Phantom Shares award?

The footnotes describe the award as Phantom shares of Sempra Common Stock acquired as director compensation. This indicates the transaction is part of standard director pay, rather than a discretionary trading decision in the open market.