Form 4: Targa Resources Corp. Director Rene R. Joyce Reports Stock Gift and Beneficial Ownership

Director Rene R. Joyce reports a gift of 2,200 shares of Targa Resources Corp. common stock and updates on beneficial ownership.

Summary

• On February 26, 2025, Rene R. Joyce, a director of Targa Resources Corp., reported a transaction involving the company's common stock.
• Joyce gifted 2,200 shares of common stock.
• Following the transaction, Joyce directly owns 213,678 shares.
• Joyce indirectly owns 371,292 shares through the Kay P. Joyce Family Trust, where Joyce's spouse is the trustee.
• Joyce indirectly owns 193,759 shares through the Rene Joyce 2010 Grantor Retained Annuity Trust, where Joyce and his spouse are co-trustees.

Sentiment

Score: 5

Explanation: The document is a neutral report of a stock transaction. There is no inherent positive or negative sentiment associated with the information provided.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the holdings and transactions of key individuals within Targa Resources Corp.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding insider transactions.
• The transaction itself is unlikely to have a significant impact on the company's operations or financial performance.

Key Dates

Keywords

Targa Resources Corp., TRGP, Rene R. Joyce, Director, Beneficial Ownership, Form 4, Stock Gift, Securities