Martin Jeffrey W 4
Research Summary
AI-generated summary
Sempra CEO Jeffrey W. Martin Receives Awards; 17,281 Shares Withheld
What Happened
- Jeffrey W. Martin, Chairman, CEO & President and a director of Sempra (SRE), was granted two equity awards on Jan 27, 2026 totaling 38,264.37 shares (16,085.31 and 22,179.06) at $0.00 per share. To cover tax obligations, 17,281.38 shares were withheld/disposed at $87.11 per share, generating proceeds of $1,505,381 (transaction code F). The awards themselves were not a purchase — they are company compensation/awards (transaction code A).
Key Details
- Transaction dates: Jan 27, 2026 (awards and tax withholding). Filing date: Jan 28, 2026 (timely).
- Awarded shares: 16,085.31 and 22,179.06 (total 38,264.37) at $0.00 per share.
- Shares withheld/disposed for taxes: 17,281.38 @ $87.11 = $1,505,381.
- Transaction codes: A = award/grant; F = payment of exercise price or tax liability (here used for tax withholding).
- Shares owned after transaction: not specified in the provided summary — see the Form 4 for full ownership totals and footnotes.
- Filing timeliness: report filed the day after the transaction (no late filing indicated).
Context
- This was primarily an equity award grant with a routine tax-withholding disposition. Withholding (F) is commonly done by the company to satisfy tax liabilities and is not the same as an open-market sale signaling a change in sentiment.
- No purchase (P) or open-market sale (S) was reported here; the net change reflects new awards minus shares withheld for taxes.