Form 4: Targa Resources Corp. Director Charles R. Crisp Reports Sale and Gift of Common Stock

Director Charles R. Crisp reported selling 7,000 shares of Targa Resources Corp. common stock at an average price of $112.5373 and gifting 1,000 shares.

Summary

• On May 8, 2024, Charles R. Crisp, a director of Targa Resources Corp., sold 7,000 shares of common stock.
• The sale price was $112.5373 per share, with individual transactions ranging from $112.53 to $112.59.
• Crisp also gifted 1,000 shares of common stock on the same day.
• Following these transactions, Crisp directly owns 94,471 shares of Targa Resources Corp. common stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting stock transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the energy sector.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the impact is likely minimal given the relatively small number of shares sold.

Key Dates