Form 4: Targa Resources Corp. Executive Vice President Gerald R. Shrader Reports Changes in Beneficial Ownership
SEC Form 4
Executive Vice President Gerald R. Shrader reports a disposition of 2,705 shares of Targa Resources Corp. common stock to cover tax obligations.
Summary
- On August 1, 2024, Gerald R. Shrader, an Executive Vice President, General Counsel, and Secretary at Targa Resources Corp., reported a transaction involving the disposition of 2,705 shares of common stock.
- The shares were disposed of at a price of $136.1 per share.
- Following the transaction, Shrader directly owns 32,603 shares of Targa Resources Corp. common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction related to tax obligations.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a relatively small disposition of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 08/01/2024 | Date of transaction: Disposition of 2,705 shares of common stock. |
| 08/02/2024 | Date of report signature. |
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