Sedgwick Karen L 4
Research Summary
AI-generated summary
Sempra (SRE) CFO Karen Sedgwick Sells Shares
What Happened
Karen L. Sedgwick, Executive Vice President and Chief Financial Officer of Sempra (SRE), sold a total of 4,872 shares in three open-market transactions on March 9, 2026, generating approximately $451,041 in proceeds. The transactions were: 987 shares at $91.36 ($90,172), 2,699 shares at $92.61 ($249,954), and 1,186 shares at $93.52 (~$110,915). These were sales (not purchases), which are generally routine dispositions rather than bullish insider buying.
Key Details
- Transaction date: March 9, 2026 (report filed March 9, 2026).
- Total shares sold: 4,872; total proceeds: approximately $451,041.
- Individual sales: 987 @ $91.36; 2,699 @ $92.61; 1,186 @ $93.52.
- Footnotes: Sales executed under a written 10b5-1 trading plan established August 19, 2025 (F1). Report notes weighted-average reporting and price ranges for the groups: $91.00–$91.71 (F2), $92.04–$93.02 (F3), $93.32–$93.72 (F4); exact per-price breakdowns available on request.
- Shares owned after the transactions: not disclosed in the information you provided (see the full Form 4 for the insider’s post-transaction holdings).
- Filing timeliness: The Form 4 was filed with the SEC on the same date as the transactions (no late filing indicated).
Context
- These sales were made under a pre-arranged 10b5-1 plan, which allows insiders to sell shares according to a predetermined schedule and is commonly used to avoid claims of trading on nonpublic information. Such plan-based sales are often routine and do not necessarily indicate the insider’s current view of the company.
- For retail investors: insider purchases tend to be more informative about confidence in the business; routine sales under a 10b5-1 plan are frequent for tax, diversification, or liquidity reasons. Check the full Form 4 for post-sale holdings and any additional disclosures.