Sagara Kevin C. 4

What Happened

• Kevin C. Sagara, a director of Sempra (SRE), was granted 136.81 phantom shares (derivative award) on July 1, 2026. The filing reports a per-share value of $91.37, for a total reported value of $12,500. This is a compensation award (code A), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-07-01; filing date: 2026-07-02 (timely filed).
• Instrument: Phantom shares of Sempra common stock (derivative security).
• Amount: 136.81 phantom shares acquired at $91.37 per share = $12,500 total.
• Conversion: Derivative converts 1-for-1 into common shares (F2).
• Vesting/exercisability: Shares that are vested are exercisable immediately (F3); expiration not applicable (F4).
• Unvested holdings: Filing notes a total that includes 1,498.77 unvested restricted phantom shares subject to forfeiture if director service ends before vesting (F5).
• Shares owned after transaction: Not disclosed in the filing.

Context

• Phantom shares are a form of director compensation (cash- or stock-settled derivative) that generally pay out or convert on vesting; they are not an open-market buy and thus do not directly signal a market-side purchase. This award appears routine director compensation rather than a sale or derivative exercise for liquidity.