Form 4: Targa Resources Corp. Executive Robert Muraro Reports Stock Transactions
SEC Filing
Robert Muraro, Chief Commercial Officer of Targa Resources Corp., reports acquisition and disposal of company stock.
Summary
- Robert Muraro, Chief Commercial Officer of Targa Resources Corp., filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On January 16, 2025, Muraro acquired 7,372 shares of common stock.
- On January 20, 2025, he acquired 39,455 shares of common stock.
- Also on January 20, 2025, he disposed of 14,866 shares at a price of $215.72.
- Additionally, on January 20, 2025, he disposed of 6,211 shares at a price of $215.72.
- Following these transactions, Muraro beneficially owns 197,701 shares of Targa Resources Corp. common stock.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing. The sentiment is neutral as it simply reports transactions.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- Shareholders may be interested in the transactions of company insiders as an indicator of management's confidence in the company.
Key Dates
| Date | Description |
|---|---|
| 01/16/2025 | Acquisition of 7,372 shares of common stock |
| 01/20/2025 | Acquisition of 39,455 shares of common stock, disposal of 14,866 shares at $215.72, and disposal of 6,211 shares at $215.72 |
| 01/21/2025 | Date of signature for the Form 4 filing |
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