WARNER CYNTHIA J 4

What Happened
Cynthia J. Warner, a director of Sempra (ticker: SRE), purchased 2,500 shares on 2026-03-11 at $92.95 per share, for a total value of approximately $232,375. The Form 4 reports this as a purchase (transaction code P), an open-market or private purchase rather than a sale or option exercise. Purchases by insiders are often viewed by investors as a more bullish signal than sales, though motivations are not disclosed.

Key Details

• Transaction date and price: 2026-03-11 at $92.95 per share
• Shares purchased: 2,500; total cost: ~$232,375
• Shares owned after transaction: not disclosed in the filing
• Notable footnotes: none reported (no 10b5-1 plan, tax withholding, or special notations indicated)
• Filing timeliness: Form filed on 2026-03-11 covering the transaction date 2026-03-11 — appears to be timely

Context
This was a straight equity purchase (code P) — no option exercise, gift, or withholding involved. The purchase size is modest for a director and does not indicate a change in control or 10% ownership. As always, purchases by insiders provide one data point but do not guarantee future stock performance.