Form 4: Targa Resources Corp. Director Caron A. Lawhorn Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Director Caron A. Lawhorn reports acquisition and disposal of Targa Resources Corp. common stock on January 16, 2025.

Summary

  • On January 16, 2025, Caron A. Lawhorn, a director of Targa Resources Corp., reported changes in beneficial ownership of the company's common stock.
  • Lawhorn acquired 899 shares of common stock.
  • Lawhorn disposed of 2,522 shares of common stock.
  • Following these transactions, Lawhorn's direct ownership of Targa Resources Corp. common stock is 0.

Sentiment

Score: 5

Explanation: This is a neutral report on stock transactions by a company director, with no inherent positive or negative implications.

Industry Context

This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.

Stakeholder Impact

  • The change in ownership may be of interest to shareholders, but the impact is likely minimal given the size of the transactions relative to the overall market capitalization of Targa Resources Corp.

Key Dates

DateDescription
01/16/2025Date of transaction (acquisition and disposal of common stock)
01/21/2025Date of signature on the Form 4 filing

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