STOCK TITAN

Sempra (NYSE: SRE) director adds 1,499 phantom stock units as deferred pay

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Sempra director Jack T. Taylor received a grant of 1,498.77 phantom shares, each economically equivalent to one share of Sempra common stock. These phantom shares are subject to forfeiture if his board service ends before Sempra's 2027 Annual Shareholders Meeting, except in cases of death, disability, or removal without cause.

After this award, Taylor holds a total of 43,437.01 phantom shares, including 41,938.24 vested phantom shares acquired as deferred compensation that are not subject to forfeiture. Vested phantom shares and related dividend equivalents are paid in cash after he leaves board service.

Positive

  • None.

Negative

  • None.
Insider Taylor Jack T
Role null
Type Security Shares Price Value
Grant/Award Phantom Shares 1,498.77 $0.00 --
Holdings After Transaction: Phantom Shares — 43,437.01 shares (Direct, null)
Footnotes (1)
  1. Each share of phantom stock is the economic equivalent of one share of Sempra Common Stock. Shares are subject to forfeiture if service as a director terminates for any reason other than death, disability or removal without cause prior to Sempra's 2027 Annual Shareholders Meeting. Vested phantom shares plus reinvested dividend equivalents are paid to the director in cash following separation of service. Includes 41,938.24 vested phantom shares acquired as deferred compensation for service as a director, which are not subject to forfeiture. Total includes shares accrued as dividend equivalents since the date of the last report of phantom shares.
Phantom shares granted 1,498.77 phantom shares Grant to director Jack T. Taylor on 2026-05-12
Total phantom shares after grant 43,437.01 phantom shares Holdings of Jack T. Taylor following transaction
Vested phantom shares 41,938.24 phantom shares Vested, not subject to forfeiture, as deferred compensation
Forfeiture condition date 2027 Annual Shareholders Meeting Unvested phantom shares forfeitable if service ends before this meeting
Economic equivalence 1 phantom share = 1 common share Each phantom share equals one Sempra common share economically
Phantom Shares financial
"Each share of phantom stock is the economic equivalent of one share of Sempra Common Stock."
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.
deferred compensation financial
"Includes 41,938.24 vested phantom shares acquired as deferred compensation for service as a director, which are not subject to forfeiture."
Deferred compensation is pay that employees or executives have earned now but will receive at a later date, such as delayed bonuses, retirement benefits, or stock grants. It matters to investors because it creates future obligations and shapes incentives—like a promise to pay later that can affect a company’s reported profits, cash needs and potential stock dilution—so it helps signal how a business manages costs and retains key people.
dividend equivalents financial
"Total includes shares accrued as dividend equivalents since the date of the last report of phantom shares."
Payments tied to employee or contractor equity awards that mirror the cash dividends paid on the company’s stock; they give the holder the same economic benefit as owning the shares without transferring actual shares—often paid in cash or additional award units when the award becomes payable. Investors care because these payments affect a company’s compensation costs, cash flow and potential share dilution, and they signal how management is being rewarded and aligned with shareholders.
Annual Shareholders Meeting regulatory
"prior to Sempra's 2027 Annual Shareholders Meeting."
An annual shareholders meeting is a yearly gathering where owners of a company review its performance, hear presentations from management, ask questions, and vote on important items such as board members, executive pay, and dividend policies. Think of it as a company town hall where votes and discussions can change leadership, strategy or payouts—outcomes that can directly affect a stock’s future performance and an investor’s rights and returns.
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/12/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Phantom Shares(1)05/12/2026A1,498.77 (2) (2)Common Stock1,498.77$043,437.01(3)D
Explanation of Responses:
1. Each share of phantom stock is the economic equivalent of one share of Sempra Common Stock.
2. Shares are subject to forfeiture if service as a director terminates for any reason other than death, disability or removal without cause prior to Sempra's 2027 Annual Shareholders Meeting. Vested phantom shares plus reinvested dividend equivalents are paid to the director in cash following separation of service.
3. Includes 41,938.24 vested phantom shares acquired as deferred compensation for service as a director, which are not subject to forfeiture. Total includes shares accrued as dividend equivalents since the date of the last report of phantom shares.
Remarks:
JACK T. TAYLOR BY: Lisa H. Abbot, Managing Attorney - Corporate and Securities of Sempra and Attorney-In-Fact05/13/2026
** Signature of Reporting PersonDate
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 Jack T. Taylor?

Sempra reported that director Jack T. Taylor received 1,498.77 phantom shares as a grant. These represent deferred compensation tied to his board service and track the economic value of Sempra common stock over time.

What are phantom shares in the Sempra (SRE) director compensation plan?

Phantom shares are bookkeeping units economically equivalent to Sempra common stock. They do not grant voting rights but mirror stock value and dividends, with accumulated value paid in cash to the director after board service ends.

How many phantom shares does Sempra director Jack T. Taylor now hold?

After the latest grant, Jack T. Taylor holds 43,437.01 phantom shares. This total includes 41,938.24 vested phantom shares earned as deferred director compensation, plus additional units and dividend equivalents accrued since the last report.

Are Sempra (SRE) phantom shares granted to directors subject to forfeiture?

The newly granted phantom shares are subject to forfeiture if board service ends before Sempra's 2027 Annual Shareholders Meeting, except for death, disability, or removal without cause. Previously vested phantom shares described in the filing are not subject to forfeiture.

How and when are Sempra phantom shares paid to directors like Jack T. Taylor?

Vested phantom shares and dividend equivalents are settled in cash after the director separates from board service. The cash amount reflects the economic value of the phantom shares at payout, mirroring Sempra common stock performance over time.