Ferrero Pablo 4

What Happened Pablo Ferrero, a director of Sempra (SRE), was granted 128.32 phantom shares (a derivative award) on April 1, 2026. The filing reports an acquisition value of $12,500 based on an imputed price of $97.41 per share. This was a compensation grant (award), not an open‑market purchase or sale.

Key Details

• Transaction date: 2026-04-01; Filing date: 2026-04-02 (timely filing).
• Instrument: Phantom shares of Sempra common stock (derivative security).
• Amount: 128.32 shares; Imputed price: $97.41; Total value reported: $12,500.
• Conversion: Derivative converts 1-for-1 into common stock (F2).
• Exercisability: Date exercisable is immediate for shares that have vested (F3).
• Expiration: Not applicable (F4).
• Shares owned after transaction: Not reported in this Form 4.

Context Phantom shares are a form of deferred/phantom equity used for director compensation and represent a right to the economic value of shares rather than an immediate open‑market stock purchase. Such awards are routine compensation and do not necessarily signal the director buying or selling stock in the market.