Sempra (SRE) director Kevin C. Sagara updates phantom share holdings
Rhea-AI Filing Summary
Kevin C. Sagara, a director of Sempra, reported changes in his deferred equity-based compensation on a Form 4. The filing details phantom shares of Sempra common stock held under the company’s deferred compensation and director compensation programs.
On 01/02/2026, phantom share transactions were reported at prices of $88.95 and $89.71 per share, each representing a right tied on a 1-for-1 basis to Sempra common stock. Following these transactions, Sagara beneficially owned 3,621.32 phantom shares in total.
The phantom shares are payable in cash and may be reallocated into alternative investment accounts. The total includes 2,044.10 unvested restricted phantom shares, which are subject to forfeiture if his service as a director ends before vesting, other than in cases of death, disability, or removal without cause.
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FAQ
What did Sempra (SRE) director Kevin C. Sagara report on this Form 4?
Kevin C. Sagara reported updates to his holdings of phantom shares of Sempra common stock, reflecting deferred compensation and director compensation arrangements as of 01/02/2026.
How many phantom shares of Sempra (SRE) does Kevin C. Sagara now beneficially own?
After the reported transactions, Kevin C. Sagara beneficially owned 3,621.32 phantom shares tied to Sempra common stock.
What are the key terms of the Sempra (SRE) phantom shares reported by Kevin C. Sagara?
The phantom shares are linked to Sempra common stock on a 1-for-1 conversion basis, are payable in cash, and may be transferred into an alternative investment account.
How many of Kevin C. Sagara’s Sempra phantom shares are unvested and restricted?
The total includes 2,044.10 unvested restricted phantom shares, which may be forfeited if his service as a director ends before vesting, except in cases of death, disability, or removal without cause.
At what prices were the reported Sempra (SRE) phantom share transactions recorded?
The reported phantom share transactions were recorded at prices of $88.95 and $89.71 per share on 01/02/2026.
How did Kevin C. Sagara acquire the Sempra phantom shares mentioned in the filing?
According to the explanations, some phantom shares were acquired under Sempra's deferred compensation plan during his service as an employee, and others were acquired as director compensation.