CEO Martin Jeffrey W sells 53,111 shares (100% of holdings) for $4,694,429.43 in five transactions Jan 2-5
Martin Jeffrey W, the Chairman, CEO and President, executed five separate sales totaling 53,111 shares for $4,694,429.43 at prices ranging from $87.13 to $89.38 between January 2–5, 2026, reducing his shareholdings from 53,113 shares to 2 shares—a near-complete liquidation of his position. The blended average sale price of $88.39 sits 0.97% above the current price of $87.54 and 6.6% below the 52-week high of $94.72, suggesting the CEO executed this large disposition at elevated levels relative to current trading but with the stock already in decline. His prior three sales at SRE showed mixed timing outcomes (1 well-timed, 2 poorly timed at the 90-day mark), and his cross-ticker track record displays a 33.33% well-timed rate over 3 prior sales—performance that does not establish a predictive pattern. The company's fundamentals show revenue decline of 21.1% year-over-year, a P/E of 26.45, and net income of $95,000,000, indicating a challenged operational environment that coincides with this complete exit by the chief executive.