Form 4: Targa Resources Corp. Executive Vice President Reports Acquisition of Common Stock
SEC Form 4 Filing
Gerald R. Shrader, Executive Vice President, General Counsel and Secretary of Targa Resources Corp., reports acquiring 4,722 shares of common stock on January 16, 2025.
Summary
- On January 16, 2025, Gerald R. Shrader, an Executive Vice President, General Counsel, and Secretary at Targa Resources Corp., acquired 4,722 shares of common stock.
- The acquisition was made at a price of $0 per share.
- Following the transaction, Shrader directly owns 34,325 shares of Targa Resources Corp.
- The transaction was reported on a Form 4 filing with the SEC on January 21, 2025.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a change in beneficial ownership. It doesn't inherently convey strong positive or negative sentiment.
Positives
- An executive acquiring company stock can be seen as a positive signal, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a change in beneficial ownership by a company executive.
Stakeholder Impact
- The acquisition of shares by an executive may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 01/16/2025 | Date of transaction: Gerald R. Shrader acquired common stock. |
| 01/21/2025 | Date of Form 4 filing with the SEC. |
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