Form 4: Targa Resources Corp. Executive Vice President Gerald R. Shrader Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President Gerald R. Shrader reports a disposition of 974 shares of Targa Resources Corp. common stock to cover tax obligations.
Summary
- On July 15, 2024, Gerald R. Shrader, an Executive Vice President at Targa Resources Corp., reported a transaction involving the disposition of 974 shares of common stock.
- The shares were disposed of at a price of $134.34 per share.
- Following the transaction, Shrader directly owns 35,308 shares of Targa Resources Corp. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a stock transaction by an executive, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares by an executive.
Key Dates
| Date | Description |
|---|---|
| 07/15/2024 | Date of transaction: Disposition of common stock. |
| 07/16/2024 | Date of signature for the Form 4 filing. |
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