WARNER CYNTHIA J 4

What Happened
Cynthia J. Warner, a director of Sempra (SRE), received a grant of 1,498.77 phantom shares on 2026-05-12 (transaction coded A — award/grant). The award was granted at $0.00 per share (derivative/phantom stock), bringing her total phantom share balance to 15,117.92, which includes 13,619.15 vested phantom shares acquired previously as deferred compensation. Phantom shares are the economic equivalent of common stock and are paid in cash on separation of service.

Key Details

• Transaction date: 2026-05-12; filing date: 2026-05-13 (timely, filed next business day). Accession: 0001570212-26-000008.
• Grant: 1,498.77 phantom shares @ $0.00 (derivative award).
• Shares held after transaction: 15,117.92 phantom shares total; 13,619.15 of those are vested and not subject to forfeiture.
• Forfeiture/vesting: The newly granted phantom shares are subject to forfeiture if director service terminates for reasons other than death, disability, or removal without cause before Sempra’s 2027 Annual Meeting of Shareholders. Vested phantom shares plus reinvested dividend equivalents are paid in cash following separation of service.
• Footnote summaries: F1 — each phantom share equals one Sempra common share economically; F2 — forfeiture condition until 2027 ASM; F3 — 13,619.15 vested phantom shares included in total.

Context
Phantom stock awards are a form of deferred compensation that tracks the economic value of actual shares but are typically paid in cash on separation and do not convey voting rights. Such grants are routine for board compensation and do not necessarily signal a buy/sell decision by the insider.