Form 4: Targa Resources Corp. Executive D. Scott Pryor Sells 10,000 Shares

D. Scott Pryor, President of Logistics and Transportation at Targa Resources Corp., sold 10,000 shares of common stock at a weighted average price of $97.0007 on February 26, 2024.

Summary

• On February 26, 2024, D. Scott Pryor, President Logistics and Transportation at Targa Resources Corp., sold 10,000 shares of common stock.
• The shares were sold at a weighted average price of $97.0007 per share, with individual transactions ranging from $97.00 to $97.02.
• Following the transaction, Pryor directly owns 41,830 shares and indirectly owns 156,098 shares through the Pryor Trust.
• D. Scott Pryor and Marcy Gaye Pryor serve as co-trustees of the Pryor Trust.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting an insider stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, providing transparency to the market regarding the buying and selling activities of company executives. It is important for investors to monitor these filings as they can provide insights into management's perspective on the company's stock and future prospects.

Stakeholder Impact

• The stock sale by a company executive could be perceived negatively by some shareholders, potentially leading to a slight decrease in stock price.

Key Dates