How Martin was paid
$22.2M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.
Named executive officers
| Executive | Salary | Bonus | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|---|
| Jeffrey W. MartinChairman, Chief Executive Officer and President | $1,700,000 | — | $9,873,916 | $4,580,017 | $5,287,400 | $28,388 | $775,868 | $22,245,589 |
| Karen L. SedgwickExecutive Vice President and Chief Financial Officer | $700,000 | — | $1,811,056 | $840,014 | $1,088,600 | $2,050,160 | $129,644 | $6,619,474 |
| Justin C. BirdExecutive Vice President | $897,836 | $150,000 | $1,785,888 | $828,345 | $1,548,200 | $1,412,377 | $132,650 | $6,755,296 |
| Caroline A. WinnExecutive Vice President | $828,877 | — | $1,732,127 | — | $1,468,300 | $1,329,504 | $231,474 | $5,590,282 |
| Diana L. DayChief Legal Counsel | $600,000 | — | $1,315,176 | — | $777,600 | $182,004 | $58,885 | $2,933,665 |
What changed and why
- $22.2MJeffrey W. Martin received total compensation of $22,245,589 in 2025.
- 95%Shareholders approved executive compensation with 95% support at the prior vote.
- 80%The annual bonus plan weights ABP Earnings at 80%, Safety Measures at 12%, and RBP Measures at 8%.
- Caroline A. Winn was appointed Executive Vice President effective July 5, 2025.
- $150KJustin C. Bird received a $150,000 cash award pursuant to a retention agreement with Sempra Infrastructure.
About this page
Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.