CONESA ANDRES 4

What Happened

• Andres Conesa, a director of Sempra (SRE), was granted 1,499 shares (award, code A) on 2026-05-12. The grant is reported as acquired at $0.00 (standard for equity awards).
• To cover tax withholding related to the award, 575.93 shares were withheld/removed from his holdings (code F) at an indicated price of $93.41 per share, with a total tax withholding value of $53,798. This withholding is reported as a disposition (not an open-market sale).

Key Details

• Transaction dates: 2026-05-12 (grant and withholding); filing date: 2026-05-13 (timely).
• Grant: 1,499 shares acquired, reported price $0.00 (code A).
• Tax withholding: 575.93 shares withheld/disposed at $93.41 per share = $53,798 (code F).
• Shares owned after the transaction: not specified in the filing.
• Notable: The F-code disposal reflects tax withholding to satisfy tax liability on the award — a routine administrative action, not an active cash sale or open-market trade.
• Filing timeliness: Reported the next day (appears timely; not marked late).

Context

• This appears to be a standard equity award to an insider with a portion of the shares withheld to cover taxes. Tax-withholding disposals are common and should not be read as a deliberate market-sale signal.
• Because this is an award + withholding (not a purchase), it conveys receipt of company equity rather than an independent purchase by the insider.