Semimartingale invariance under equivalent measures

On a fixed finite horizon, equivalent probability measures have the same semimartingales. For a strictly positive continuous Radon-Nikodym density martingale $Z$ and a continuous local martingale $L$ under the original measure, $L-\int Z^{-1}d[L,Z]$ is a local martingale under the new one, by the Girsanov theorem. Thus the finite-variation part of a continuous semimartingale decomposition changes by the opposite covariation correction.