Sempra director granted phantom stock units
Sempra director Jack T. Taylor received a grant of 1,498.77 phantom shares, each economically equivalent to one share of Sempra common stock.
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 Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Shares | 1,498.77 | $0.00 | $0.00 |
Footnotes (3)
- F1. Each share of phantom stock is the economic equivalent of one share of Sempra Common Stock.
- F2. 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.
- F3. 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.
Key Figures
Key Terms
deferred compensation financial
dividend equivalents financial
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What insider transaction did Sempra (SRE) report for director Jack T. Taylor?
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