Ferrero Pablo 4

What Happened Pablo Ferrero, a director of Sempra (SRE), was granted 136.81 phantom shares of Sempra common stock as director compensation on July 1, 2026. The filing values the award at $12,500, using a per-share price of $91.37. This transaction is reported as an award/acquisition of a derivative security (code A).

Key Details

• Transaction date: 2026-07-01; Filing date: 2026-07-02 (timely).
• Award: 136.81 phantom shares valued at $12,500; per-share price shown as $91.37.
• Security type: Derivative (phantom shares) that convert to common stock 1-for-1 (footnote F2).
• Exercisability/expiration: Conversion is immediate for vested shares (F3); expiration not applicable (F4).
• Shares owned after the transaction: Not specified in the filing.
• Transaction code: A (award/grant/acquisition); not an open-market purchase or sale.

Context These phantom-share awards are a form of director compensation and represent a derivative interest tied to Sempra common stock; per the filing they convert 1:1 to common shares and vested portions are immediately exercisable. This is a routine director compensation event rather than an open-market buy or sale.