CONESA ANDRES 4

What Happened
Andres Conesa, a director of Sempra (SRE), was granted 128.32 phantom shares (derivative securities) on 2026-04-01 as director compensation. The award was valued at $97.41 per share, for a total reported value of $12,500. This was an award/grant (transaction code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-04-01; filing date: 2026-04-02.
• Securities acquired: 128.32 phantom shares of Sempra common stock; reported value $12,500 (priced at $97.41 each).
• Shares owned after transaction: Not specified in the filing.
• Footnotes: F1 — phantom shares issued as director compensation; F2 — conversion of the derivative is 1-for-1 into common stock; F3 — date exercisable is immediate for shares that have vested; F4 — expiration date: Not Applicable.
• Timeliness: Filed one day after the transaction; no late-filing indication in this report.

Context
Phantom shares are a form of deferred/phantom equity (a derivative) that can convert into common shares on a 1:1 basis per the filing; they are typically used for non-employee director compensation and do not represent an open-market purchase. Such awards are routine compensation and, by themselves, do not necessarily signal the insider’s view of the company’s stock.