Form 4: Targa Resources Corp. Executive Julie H. Boushka Sells 3,260 Shares

Senior VP and CAO of Targa Resources Corp., Julie H. Boushka, sold 3,260 shares of common stock at a weighted average price of $190.7391 on November 8, 2024.

Summary

• Julie H. Boushka, Senior VP and CAO of Targa Resources Corp., sold 3,260 shares of the company's common stock on November 8, 2024.
• The shares were sold at a weighted average price of $190.7391 per share.
• The sale was executed in multiple transactions with prices ranging from $190.35 to $190.81 per share.
• Following the transaction, Ms. Boushka directly owns 35,143 shares of Targa Resources Corp. common stock.

Sentiment

Score: 5

Explanation: The document is a neutral report of an insider stock sale, with no indication of positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate executives who trade company stock. It provides transparency into insider transactions.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
• The transaction is typical for executives managing their personal investment portfolios and is not unusual in the context of other similar filings.

Stakeholder Impact

• The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's overall performance.

Key Dates

Keywords

Targa Resources Corp, TRGP, insider trading, stock sale, Julie H. Boushka, executive stock transaction, Form 4