Sempra director granted 136.81 phantom shares
Sempra director Kevin C. Sagara reported receiving a grant of 136.81 phantom shares of Sempra Common Stock as director compensation.
Rhea-AI Filing Summary
Sempra director Kevin C. Sagara reported receiving a grant of 136.81 phantom shares of Sempra Common Stock as director compensation. The grant is priced at $91.37 per share and represents a derivative interest that converts into Common Stock on a 1-for-1 basis.
After this award, Sagara holds a total of 5,437.92 phantom shares, including 1,498.77 unvested restricted phantom shares that may be forfeited if his service as a director ends before vesting, other than for death, disability or removal without cause.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Shares | 136.81 | $91.37 | $13K |
Footnotes (5)
- F1. Phantom shares of Sempra Common Stock acquired as director compensation.
- F2. Conversion of Derivative Security is 1 for 1.
- F3. Date exercisable is immediate for shares that have vested.
- F4. Expiration date is Not Applicable.
- F5. Total includes 1,498.77 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
Key Terms
director compensation financial
forfeiture financial
Conversion of Derivative Security financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Sempra (SRE) report for Kevin C. Sagara?
Is Kevin C. Sagara’s Sempra Form 4 transaction an open-market stock purchase or sale?
AI-generated analysis. How Rhea-AI works. Not financial advice.