Ferrero Pablo 4

What Happened
Pablo Ferrero, a director of Sempra (SRE), was granted 1,499 shares on 2026-05-12 (reported on 2026-05-13). To satisfy tax withholding associated with the award, 575.93 of those shares were surrendered at a reported value of $93.41 per share, totaling about $53,798. That leaves a net of approximately 923.07 shares retained by Ferrero from this award. This was an award/grant transaction with tax withholding—not an open-market buy or sell.

Key Details

• Transaction date(s): 2026-05-12 (reported 2026-05-13). Filing appears timely.
• Award (code A): 1,499 shares granted at $0.00 reported value.
• Tax withholding (code F): 575.93 shares disposed at $93.41 = $53,798 withheld.
• Net shares retained from this grant: ~923.07 shares (1,499 − 575.93).
• Shares owned after transaction: Not specified in the Form 4 excerpt.
• Footnotes/plan: No 10b5-1 plan or other special footnotes disclosed in the provided details.
• Transaction codes explained: A = award/grant; F = shares withheld to pay tax liability.

Context This is a compensation-related award where shares were granted and a portion was withheld to cover taxes. Such withholding is routine and administrative; it does not reflect an open-market sale or a separate decision to liquidate shares. Purchases by insiders can signal confidence, while awards are typically part of company pay practices and should be interpreted as compensation rather than a direct market sentiment signal.