Sempra (NYSE: SRE) EVP Justin Bird sells 1,128 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sempra Executive Vice President Justin Christopher Bird sold 1,128 shares of common stock in an open-market transaction. The shares were sold at a price of $96.69 per share. After the sale, he directly held 21,631.51 Sempra shares and indirectly held 4,722.09 shares through a 401(k) savings plan. The transaction was executed under a pre-arranged Rule 10b5-1(c) trading plan that Mr. Bird established on September 18, 2024, which means the sale followed a pre-set schedule rather than a newly timed discretionary trade.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,128 shares ($109,066)
Net Sell
2 txns
Insider
BIRD JUSTIN CHRISTOPHER
Role
Executive Vice President
Sold
1,128 shs ($109K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,128 | $96.69 | $109K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,631.51 shares (Direct);
Common Stock — 4,722.09 shares (Indirect, 401(k) savings plan (04/01/2026))
Footnotes (1)
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Key Figures
Shares sold: 1,128 shares
Sale price per share: $96.69 per share
Direct holdings after sale: 21,631.51 shares
+2 more
5 metrics
Shares sold
1,128 shares
Open-market sale of Sempra common stock on 2026-04-01
Sale price per share
$96.69 per share
Price for the 1,128-share open-market sale
Direct holdings after sale
21,631.51 shares
Direct Sempra common stock owned following the transaction
Indirect 401(k) holdings
4,722.09 shares
Sempra common stock held through a 401(k) savings plan as of 04/01/2026
Rule 10b5-1 plan date
September 18, 2024
Date Mr. Bird established the trading plan used for this sale
Key Terms
Rule 10b5-1(c), open-market sale, 401(k) savings plan
3 terms
Rule 10b5-1(c) regulatory
"plan for trading securities established by Mr. Bird on September 18, 2024 pursuant to Rule 10b5-1(c)"
Rule 10b5-1(c) is an SEC guideline that lets company insiders set up a written, pre-planned schedule to buy or sell their company stock when they are not in possession of material, nonpublic information. For investors, it matters because such plans can reduce the appearance of insider trading by separating decisions from inside knowledge—like putting your trades on autopilot—while also requiring scrutiny since pre-planned trades can still affect market confidence and share value.
open-market sale financial
"transaction_action: "open-market sale" for 1,128 shares of Common Stock"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
401(k) savings plan financial
"nature_of_ownership: "401(k) savings plan (04/01/2026)" describing indirect holdings"
A 401(k) savings plan is an employer-sponsored retirement account that lets employees set aside a portion of their paycheck on a tax-advantaged basis, often with employer matching contributions that act like free additional savings. It matters to investors because matching, tax-deferred growth and investment choices can significantly boost long-term wealth—while plan rules or heavy concentration in a single company’s stock can increase an employee’s financial exposure to that company.
FAQ
What insider transaction did Sempra (SRE) report for Justin Christopher Bird?
Sempra reported that Executive Vice President Justin Christopher Bird sold 1,128 shares of common stock in an open-market transaction at $96.69 per share. This was a planned trade under a pre-established Rule 10b5-1(c) trading plan adopted on September 18, 2024.
How are Justin Bird’s indirect Sempra (SRE) holdings structured after the Form 4?
Following the reported transactions, Justin Bird’s indirect ownership includes 4,722.09 Sempra common shares held through a 401(k) savings plan. This indirect position supplements his direct holdings and reflects shares accumulated within an employer-sponsored retirement savings vehicle.