MARK RICHARD J 4

What Happened

Mark Richard J., a director of Sempra (SRE), received an award of 136.81 phantom shares (a derivative security) on July 1, 2026. The grant is reported at an acquisition price of $91.37 per share, for a total reported value of $12,500. This was an award/compensation grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: July 1, 2026; Form 4 filed July 2, 2026 (timely).
• Grant: 136.81 phantom shares at $91.37 per share; total reported value $12,500.
• Security type: Derivative (phantom shares) acquired as director compensation (Footnote F1).
• Conversion: Derivative converts 1-for-1 to common stock (F2); exercisable immediately for vested shares (F3); expiration: Not Applicable (F4).
• Shares owned after transaction: Not specified in the filing.

Context

• These are phantom (derivative) stock awards used for director compensation; they are routine and do not reflect an open-market purchase or sale. The 1-for-1 conversion means each phantom share can be converted into one share of Sempra common stock per the filing, subject to vesting. The reported value is modest ($12.5k), consistent with standard director equity compensation.