Form 4: Targa Resources Corp. Director Paul W. Chung Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Paul W. Chung reports acquisition and disposal of Targa Resources Corp. common stock, along with holdings in family trusts and an IRA.
Summary
- On January 16, 2025, Paul W. Chung, a director of Targa Resources Corp., reported changes in his beneficial ownership of the company's common stock.
- Mr. Chung acquired 1,388 shares of common stock.
- He directly owns 42,142 shares.
- He indirectly owns 232,827 shares through the Paul Chung 2008 Family Trust, where he serves as trustee.
- Additionally, he indirectly owns 200,500 shares through the Helen Chung 2007 Family Trust, where his spouse and sister-in-law are co-trustees.
- Mr. Chung also holds 45,816 shares in an IRA.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing, reflecting standard reporting of stock transactions by a company insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence for publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 01/16/2025 | Date of transaction involving Targa Resources Corp. common stock. |
| 01/21/2025 | Date of signature for the Form 4 filing. |
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