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

Senior VP and CAO of Targa Resources Corp., Julie H. Boushka, reports the acquisition and disposal of company stock on January 20, 2025.

Summary

• Julie H. Boushka, Senior VP and CAO of Targa Resources Corp., reported transactions involving the company's common stock on January 20, 2025.
• She acquired 15,148 shares of common stock at a price of $0.
• She disposed of 5,304 shares at a price of $215.72.
• She also disposed of 2,385 shares at a price of $215.72.
• Following these transactions, Ms. Boushka beneficially owns 32,602 shares of Targa Resources Corp. common stock.

Sentiment

Score: 5

Explanation: The document is a routine filing of stock transactions by an executive, and does not indicate any positive or negative sentiment.

Industry Context

This is a standard SEC Form 4 filing, which is common for corporate insiders reporting their transactions in company stock. It provides transparency into the trading activities of key personnel.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
• The transactions reported are typical for executives who may receive stock as part of their compensation and subsequently sell some shares for personal financial management.
• Similar filings are made by executives at companies like Enterprise Products Partners (EPD) and Kinder Morgan (KMI), which are also in the midstream energy sector.

Stakeholder Impact

• The transactions may have a minor impact on shareholders as they reflect insider trading activity, but are not unusual.
• The filing provides transparency to the market regarding the executive's stock ownership.

Key Dates

Keywords

Targa Resources Corp, stock transactions, insider trading, Form 4, Julie H. Boushka, equity securities, beneficial ownership