Taylor Jack T 4

What Happened
Jack T. Taylor, a director of Sempra (SRE), was granted 136.81 phantom shares of Sempra common stock on 2026-07-01. The grant is reported at an imputed price of $91.37 per share for a total value of $12,500. This award is a derivative security (phantom shares) granted as director compensation rather than an open-market purchase.

Key Details

• Transaction date: 2026-07-01; filing date: 2026-07-02 (timely).
• Grant: 136.81 phantom shares at $91.37 each; total reported value $12,500.
• Conversion: Derivative converts 1-for-1 into common shares (F2).
• Vesting/exercise: Date exercisable is immediate for vested shares; expiration not applicable (F3, F4).
• Holdings after transaction: Not disclosed in this filing.
• Additional note: Total holdings reported include 1,498.77 unvested restricted phantom shares that may be forfeited if director service ends before vesting except for death, disability, or removal without cause (F5).

Context
Phantom shares (deferred/share-settled units) are a common form of director compensation and represent a right to receive stock value in the future rather than an immediate open-market purchase. Because these are awards tied to service and subject to vesting/forfeiture rules, they are compensation-related and do not necessarily signal a personal buy/sell decision by the director.