Sempra director Yardley acquires 160 phantom shares
Sempra (SRE) director James C. Yardley acquired 160 phantom shares on October 1, 2026, according to an SEC Form 4 filing. The shares were valued at $78.05 each, and Yardley indirectly owns 43,448.6 shares following the transaction.
How this was made
The 30-second read
Why it matters
The filing provides a primary source of insider activity but the transaction size is minimal, offering little actionable insight.
Market read
The disclosure is a routine insider filing with negligible market impact.
What to watch
If the phantom shares are part of a larger compensation plan, future larger grants could become material.
Background
Form 4 filings disclose insider transactions. Phantom shares are non‑dilutive awards that vest over time.
Ticker impact
Form 4 shows director James C. Yardley acquired 160 phantom shares of Sempra, a minor insider transaction.
minimal pressure as the market may view the insider purchase as neutral
Only 160 phantom shares were acquired; such a tiny amount has negligible influence on supply‑demand dynamics.
Market effects
None; the filing does not affect the broader utilities sector.
None; limited to Sempra shareholders.
None
Counterpoint
Even small insider purchases can signal confidence, but the size here is too trivial to infer sentiment.
Key entities
- companySempra (SRE)
US‑listed utility and energy infrastructure company.
- personJames C. Yardley
Director of Sempra.

