Sagara Kevin C. 4

What Happened

Kevin C. Sagara, a Sempra (SRE) director, had performance-based restricted stock units vest on 2026-01-27. Two awards totaling 7,453.42 shares (3,133.22 + 4,320.20) were recorded at $0.00 per share. To satisfy tax withholding, 3,605.42 shares were disposed at $87.11 each for total proceeds of $314,068, leaving a net 3,848.00 shares retained from the vested award.

Key Details

• Transaction date: 2026-01-27; Form 4 filed 2026-01-28 (appears timely).
• Awards: 3,133.22 and 4,320.20 shares (code A) @ $0.00 (acquisitions by vesting).
• Tax withholding/disposition: 3,605.42 shares (code F) sold/withheld @ $87.11 = $314,068.
• Net shares retained from this vesting: 3,848.00 (7,453.42 vested − 3,605.42 withheld).
• Shares owned after transaction: not disclosed in this filing.
• Footnote: Vesting relates to performance-based RSUs granted when Sagara was previously an officer.

Context

• Code A indicates an award/grant (here, vested performance RSUs); code F indicates shares were used to pay tax liabilities (withheld/sold).
• This was a routine withholding to cover taxes on vested compensation, not an opportunistic open‑market sale. Such vesting reflects company compensation, not necessarily a directional signal by the insider.