Form 4: Targa Resources Corp. Executive Julie H. Boushka Reports Stock Sales

Sentiment:

SEC Form 4 Filing


Senior VP and CAO of Targa Resources Corp., Julie H. Boushka, reported the sale of company stock on May 7th and 8th, 2024.

Summary

  • Julie H. Boushka, Senior VP and CAO of Targa Resources Corp., filed a Form 4 with the SEC.
  • The form reports the sale of Targa Resources Corp. common stock.
  • On May 7, 2024, 2,691 shares were sold at a price of $113.005 per share.
  • On May 8, 2024, 2,184 shares were sold at a weighted average price of $112.4919 per share.
  • Following these transactions, Boushka directly owns 55,044 shares of Targa Resources Corp. common stock.

Sentiment

Score: 5

Explanation: This is a neutral report of stock sales by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

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

Stakeholder Impact

  • The stock sale by a company executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.

Key Dates

DateDescription
05/07/2024Sale of 2,691 shares of common stock at $113.005 per share.
05/08/2024Sale of 2,184 shares of common stock at a weighted average price of $112.4919 per share.
05/09/2024Date of signature on the Form 4 filing.

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